Nofsinger Consulting Services is hosting a business round table for prospective clients for its Cybersecurity & IT practice. The principals have asked the interns to prepare a set of background papers which can be used in form potential clients about risk and risk management for their small businesses. Your background paper must address the following questions:
1. What are the business benefits of identifying and managing risk?
2. Why should a small company (fewer than 80 employees) spend money identifying and managing IT security risks? (Discuss potential impacts of 3 to 5 common IT security risks.)
