Risk Management Plan - Risk Treatment Implementation

Question 4

If data is not protected, it can easily be hacked, misused or sold to the competitors. Also, if there are no proper backup systems, every time data will be lost, needs to be gathered again from the scratch. This can lead to a timely process and still incomplete and insufficient data. This will impact the overall functioning of the business and might delay the process. Lastly, the system should be virus free, so the data is secured and customers, employees, suppliers and other stakeholders are not affected and get smooth services.