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This article describes the primary concepts associated with organizing and managing the system-related information security risk in organizations. Managing information on security and the privacy-related task is a complex, and it’s required a broad perspective which involves the entire organization from the Chief Technology Officer (CTO), Network Security Architect (NSA) providing the strategic vision and goals and objectives for the organization, to mid-level leaders planning, managing, and executing the visions. Risk management consists of three processes as Risk assessment, Risk Mitigation, and Risk evaluation.