The organization could experience fire damage to their facility affecting their property risk exposure. IT Risks increase liability loss exposure, especially if system security becomes compromised and student information is leaked. In addition, systems risk associated with having out of date software can create operational risk exposure. Furthermore, personnel loss exposure can occur if skilled employees leave the company through either retirement or layoffs. Lastly, if CSU-Global fails to strategically plan for increased competition, the organization risks increasing net income loss exposure. The exposure of these risks can be fully determined through frequent inspections and an analysis of the company’s organizational policies and procedures (Elliott,
The organization could experience fire damage to their facility affecting their property risk exposure. IT Risks increase liability loss exposure, especially if system security becomes compromised and student information is leaked. In addition, systems risk associated with having out of date software can create operational risk exposure. Furthermore, personnel loss exposure can occur if skilled employees leave the company through either retirement or layoffs. Lastly, if CSU-Global fails to strategically plan for increased competition, the organization risks increasing net income loss exposure. The exposure of these risks can be fully determined through frequent inspections and an analysis of the company’s organizational policies and procedures (Elliott,