Evaluation and Risk Assessment of Entities Involved in Information and Communication Technology (ICT)

Information society with its fast rate of development makes it possible to use ICTs in every walk of life. The society has changed every pattern of life including business and economic developments in all branches. Security needs to be more secure in such type of environment to fulfill all needs of society. Risk assessment is a process of finding out risks and identifies, what happens if such risks occur in communication technology environment. Risk assessment is a systematic method which will identify risk and would identify basic source of risks arising in a system. There are different techniques used to evaluate risks in an environment. As now our living standards, work patterns, education systems, business criteria are all influenced by information society so it is a big deal to make ICT more valuable by assessing all risks to increase the array information and telecommunication products and services. In this research evaluation has been done by survey based study of IT environment and evaluation method. Information system has been marked for case study to evaluate risks and vulnerabilities to protect assets from damage or loss. ICT security means to secure data and entities involved in telecommunication. In the purposed research work evaluation and assessments of risks are made to minimize operational risks using evaluation technique.