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30974.202030 - SUMMER 2020 - PHYSICAL SECURITY (ISOL-634-30) - FULL TERM
Week 3 Individual Project Assignment Nishanth Padma
on Sun, May 24 2020, 3:31 PM
40% highest match Submission ID: 85b891f2-8bb4-4d97-b8e1-82cb151e1e19
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week3_individual-final.docx
1 ISOL634-25 PHYSICAL SECURITY
8
Nishanth Padma
2 UNIVERSITY OF THE CUMBERLANDS
1 ISOL634-25 PHYSICAL SECURITY WEEK 3 INDIVIDUAL PROJECT
Professor Richards
3 05/24/2020
4 WHAT IS RISK MANAGEMENT?
Risk management is the process in which the control, the assessment, and identification of
threats to the organization earnings and capital is undertaken. 5 THE RISKS OR
THREATS COULD COME FROM A WIDE RANGE OF SOURCES THAT INCLUDE
LEGAL LIABILITIES, FINANCIAL UNCERTAINTY, NATURAL DISASTERS,
ERRORS FROM STRATEGIC MANAGEMENT, AND ACCIDENTS. THE DATA
(http://safeassign.blackboard.com/)
week3_individual-final.docx
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RELATED AND THE IT SECURITY THREATS AND THE RISK MANAGEMENT
STRATEGIES TO REMOVE THEM HAVE BECOME ESSENTIAL PRIORITIES FOR
MANY COMPANIES OF LATE (AVEN, 2016). AS A RESULT, THE RISK
MANAGEMENT PLANS HAVE RECENTLY INCLUDED THE COMPANY
PROCESSES FOR CONTROLLING AND IDENTIFYING RISKS TO DIGITAL
ASSETS, CORPORATE DATA, INTELLECTUAL PROPERTY, AND PERSONAL
IDENTIFICATION INFORMATION FOR THE CUSTOMERS. Every organization and
business today faces the threats of harmful events, unexpected things that could end up closing
the company completely or costing the company a lot of resources. The risk management plans
give companies an opportunity to prepare for the unexpected so that they minimize the extra
costs that could be incurred or other risks.
6 IMPORTANCE OF RISK MANAGEMENT
When a company implements the risk management plan by considering the events that could
occur and the potential threats, it can end up saving a lot of money while securing the future at
the same time. This is because when a thorough risk management plan is undertaken, then the
company will be in a position to evade the potential risks, reduce its impact and probably come
up with ways on how to cope with the repercussions (Glendon et al., 2016). The ability to
comprehend and mitigate the risks puts companies in a position of much confidence in the
handling of the decisions for the business. In addition, companies with a strong focus on risk
management often achieve their objectives and goals. Other importance of benefits that come
with the risk management include; it provides secure and safe working environment for the
customers as well as the staff, it improves the business operation stability while at same time
reducing the legal liability, cushions the company from events that detriment the organization,
protection of the assets and the people involved from potential harm and helping the company
navigate through the concerned insurance so that unnecessary premiums.
5 THE RISK MANAGEMENT PROCESSES AND STRATEGIES
MOST OF THE RISK MANAGEMENT PLANS FOLLOW A SIMILAR PROCESS
AND STEPS IN MAKING UP FOR THE GENERAL RISK MANAGEMENT PLAN;
establishing the context, that is under which criteria or circumstances in which the process will
take place and the evaluation of the risk. Risk identification, which includes the definition and
identification of the potential threats that could impact on the business negatively. Risk
analysis which comprises of the specific risks and their likelihood of them occurring and the
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repercussions they will have on the organization; Risk evaluation and assessment, the company
will then make decisions on whether the specific risks identified can be accepted. The risk
mitigation, this is when the organization will do an assessment of the top risks and come up
with plans to alleviate them or at least minimize its implications; Risk monitoring, which is part
of the mitigation plan to consistently track and monitor the existing and the new risks (Hopkin,
2018). Consultation and communication which involves both the external and internal
shareholders having information on every single step of the risk management plan taken.
Approached to risk management
After the company identifies the specific risks and the risk management process to be taken for
implementation, there are different strategies that need to be taken in response to the specific
types of risks. Risk avoidance, it is true to say that there is an impossibility in the compete
eradication of the risk, but much can be done to deflect as many threats as possible so that the
dire disruption to be caused by the damaging events is substantially minimized. Risk sharing,
this can be done through spreading of the risks to other departments or projects (Hubbard,
2020). And the risk retaining; the experts can make a decision that a certain risk is worth it
from a business point of view and so they just have to deal with it to prevent any potential
fallout. They ensure that the business makes as many profits as possible so that it covers some
of the risks that might be recovered.
Limitations
Risk management is such a good process and can be beneficial for the organizations, but its
limitations must be factored in. The risk analysis techniques, like the creation of simulation or
model, need a huge amount of data (Hubbard, 2020). The substantial data needed can be very
expensive in terms of acquiring it because there are very many complexities in the extensive
collection of data. In addition, the use of the data in making decisions can have poor output if
the simple data is used in complex situations, and as a result, it will not reflect the real situation
on the ground.
7 WHAT IS VULNERABILITY ASSESSMENT?
A vulnerable assessment refers to the in-depth evaluation of the potential and existing risks,
weaknesses, and the organization's network and systems vulnerabilities. The analysis of
vulnerabilities entails determining the magnitude, prioritization, and locating the flaws in the
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cyber security before people with bad intentions take advantage. As a result, the vulnerability
assessment will take note of the cyber security policies so that they can improve the existing
safety measures Myers et al., 2019).In information technology, life cycle vulnerability
management is one of the critical components.
8 THE IMPORTANCE OF VULNERABILITY ASSESSMENT
In the modern-day world, almost every business has something to do with the internet, and this
can expose the systems to unprecedented danger. In any organization, the staff use emails, the
internet, and the remote access every day, and so it is very easy to open doors for the attackers
at any given time. It is almost impossible to really and monitor and counter the entries for your
network (Liu et al., 2018). The most efficient method to mitigate the effects of the looming
cyber risk is to try and establish the policies that are closely related to the vulnerability
assessments, which will then provide the leeway and insight on where and when we can
improve the efforts in the cyber security.
8 PURPOSE OF VULNERABILITY ASSESSMENT
The main purpose reason for the vulnerability of any network is to identify and take stock of
weaknesses that the information technology infrastructure in your organization can have. The
vulnerability assessment works proactively identifies and tests the looming potential of the
system to be attacked by people with bad intentions while at the same time establishing to what
extent specifically that your systems would be compromised in the event that a breach occurs.
It will test the network and system resilience to endure the cyber-attacks. In the analysis of the
threats that your company could face, a total disaster vulnerability and risk assessment will
help in the protection of your organization from potential and existing threats. It also gives an
insight into the full range of the vulnerability you face while at the same time, according to
necessary tools and equipment in the implementation of new policies that will work towards
the betterment of the organization (Ali & Awad, 2018). We can, therefore, conclude that the
vulnerability assessment is the jumping-off point where you begin the identification of the
vulnerabilities and their mitigation.
7 WHAT IS THE DIFFERENCE BETWEEN SECURITY AND SAFETY?
The major difference between is just their definitions. Security will refer to the protective
properties, organizations, or individuals against the risks likely to have a harmful impact on
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you (Piètre-Cambacédès et al., 2016). Security will ensure that the properties, the
organizations, and individuals from the external factors that would of harm to the business
premises. Safety is the feeling that you are being protected from any event causing harm. The
person in control of the factors that cause harm will also have a feeling of being safe. The other
difference is that security has to do with the physical part of it while safety is an emotional
thing of feeling safe. A person feels that moment of safe when she or he is gently embraced by
the loved ones, and in that situation, emotional safety is take care of. 9 (KUMAR &
STOELINGA, 2017). In the same way, children will feel safe when they are closely protected
by their mother or father because of that physical and emotional aspect. Coincidentally, the
security aspect will come from physical things like the walls that are tall, and that will prevent
or protect them from the external risks (Dobaj et al., 2019). Furthermore, a person will feel
secure if he or she has the physical things, like the guns that are used in protection against the
external risks.
7 WHAT IS THE RELATIONSHIP BETWEEN RISK MANAGEMENT AND
VULNERABILITY ASSESSMENT?
Vulnerability and risk assessment is one of the most fundamental and essential building blocks
in any integrated management plan. In the absence of clarity to the potential exposures, it will
be very hard to tell where to direct your resources and security investments (Banerjee et al.,
2016). 10 THE VULNERABILITY ASSESSMENT WILL QUANTIFY, PRIORITIZE,
AND IDENTIFY THE VULNERABILITIES AND RISKS IN THE SYSTEM. The risk
assessment will identify the known threats and the actors of the threats and the likelihood that
these threats will cause harm to the system. With the two types of assessments, you will end up
getting an in-depth comprehension of the threats and vulnerabilities that could be in existence
and that they would be exploited hence causing harm to your company (Russo et al., 2019).
Depending on the extent and scope, vulnerability and risk assessment will comprise of the
following services used so that the necessary data for security in regard to the network is
gathered; 11 WIRELESS ASSESSMENT, THE PHISHING ASSESSMENT, THE
VULNERABILITY SCANNING, AND THE MAPPING OF THE NETWORK.
References
7 ALI, B., & AWAD, A. I. (2018). 7 CYBER AND PHYSICAL SECURITY
VULNERABILITY ASSESSMENT FOR IOT-BASED SMART HOMES. SENSORS,
18(3), 817.
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Aven, T. (2016). 3 RISK ASSESSMENT AND RISK MANAGEMENT: REVIEW OF
RECENT ADVANCES ON THEIR FOUNDATION. EUROPEAN JOURNAL OF
OPERATIONAL RESEARCH, 253(1), 1-13.
Banerjee, S., Anwar, M. Z., Gioli, G., Bisht, S., Abid, S., Habib, N., & Khan, A. (2016). An Index-
Based Assessment of Vulnerability to Floods in the Upper Indus Sub-Basin: What Role for
Remittances? In Migration, Risk Management, and Climate Change: Evidence and Policy
Responses (pp. 3-23). Springer, Cham.
3 DOBAJ, J., SCHMITTNER, C., KRISPER, M., & MACHER, G. (2019, September).
3 TOWARDS INTEGRATED QUANTITATIVE SECURITY AND SAFETY RISK
ASSESSMENT. IN INTERNATIONAL CONFERENCE ON COMPUTER SAFETY,
RELIABILITY, AND SECURITY (PP. 102-116). Springer, Cham.
Glendon, A. I., Clarke, S., & McKenna, E. (2016). Human safety and risk management. Crc
Press.
Hopkin, P. (2018). 12 FUNDAMENTALS OF RISK MANAGEMENT:
UNDERSTANDING, EVALUATING, AND IMPLEMENTING EFFECTIVE RISK
MANAGEMENT. KOGAN PAGE PUBLISHERS.
Hubbard, D. W. (2020). 4 THE FAILURE OF RISK MANAGEMENT: WHY IT'S
BROKEN AND HOW TO FIX IT. JOHN WILEY & SONS.
9 KUMAR, R., & STOELINGA, M. (2017, January). 9 QUANTITATIVE SECURITY
AND SAFETY ANALYSIS WITH ATTACK-FAULT TREES. IN 2017 IEEE 18TH
INTERNATIONAL SYMPOSIUM ON HIGH ASSURANCE SYSTEMS
ENGINEERING (HASE) (PP. 25-32). IEEE.
Liu, J., Piegorsch, W. W., Grant Schissler, A., & Cutter, S. L. (2018). Autologistic models for
benchmark risk or vulnerability assessment of urban terrorism outcomes. Journal of the Royal
Statistical Society: Series A (Statistics in Society), 181(3), 803-823.
Myers, M. R., Cayan, D. R., Iacobellis, S. F., Melack, J. M., Beighley, R. E., Barnard, P. L.,. &
Page, H. M. (2019). Santa Barbara area coastal ecosystem vulnerability assessment. California
Sea Grant.
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Piètre-Cambacédès, L., & Chaudet, C. (2016). The SEMA referential framework: Avoiding
ambiguities in the terms "security" and "safety." International Journal of Critical Infrastructure
Protection, 3(2), 55-66.
13 RUSSO, P., CAPONI, A., LEUTI, M., & BIANCHI, G. (2019). 1 A WEB
PLATFORM FOR INTEGRATED VULNERABILITY ASSESSMENT AND CYBER
RISK MANAGEMENT. 13 INFORMATION, 10(7), 242.
Citations (13/13)
Matched Text
1 Another student's paper
2 Another student's paper
3 Another student's paper
4 https://en.wikipedia.org/wiki?curid=26404
5 https://beakon.com.au/category/risk-management/
6 https://en.wikipedia.org/wiki?curid=30047898
7 Another student's paper
8 https://hipaaacademy.net/services/
9 Another student's paper
10 Another student's paper
11 https://talatek.com/risk-management-services/talatek-risk-vulnerability-assessment/
12 Another user's paper
13 Another student's paper
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ISOL634-25 PHYSICAL SECURITY
Source - Another student's paper
5 ISOL634-25 Physical Security
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ISOL634-25 PHYSICAL SECURITY WEEK 3
INDIVIDUAL PROJECT
Source - Another student's paper
ISOL634-25 Physical Security Week 2 Individual
Project
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A WEB PLATFORM FOR INTEGRATED
VULNERABILITY ASSESSMENT AND CYBER RISK
MANAGEMENT
Source - Another student's paper
A Web Platform for Integrated Vulnerability
Assessment and Cyber Risk Management
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UNIVERSITY OF THE CUMBERLANDS
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University of Cumberlands
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05/24/2020
Source - Another student's paper
23/05/2020
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RISK ASSESSMENT AND RISK MANAGEMENT
Source - Another student's paper
Risk assessment and risk management
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REVIEW OF RECENT ADVANCES ON THEIR
FOUNDATION
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Review of recent advances on their foundation
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EUROPEAN JOURNAL OF OPERATIONAL
RESEARCH, 253(1), 1-13
Source - Another student's paper
European Journal of Operational Research, 253(1),
1-13
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DOBAJ, J., SCHMITTNER, C., KRISPER, M., &
MACHER, G
Source - Another student's paper
Dobaj, J., Schmittner, C., Krisper, M., & Macher, G
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TOWARDS INTEGRATED QUANTITATIVE
SECURITY AND SAFETY RISK ASSESSMENT
Source - Another student's paper
Towards Integrated Quantitative Security and Safety
Risk Assessment
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IN INTERNATIONAL CONFERENCE ON
COMPUTER SAFETY, RELIABILITY, AND
SECURITY (PP
Source - Another student's paper
In International Conference on Computer Safety,
Reliability, and Security (pp
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WHAT IS RISK MANAGEMENT
Source - https://en.wikipedia.org/wiki?curid=26404
What Is Risk Management
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THE FAILURE OF RISK MANAGEMENT
Source - https://en.wikipedia.org/wiki?curid=26404
The Failure of Risk Management
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WHY IT'S BROKEN AND HOW TO FIX IT
Source - https://en.wikipedia.org/wiki?curid=26404
Why It's Broken and How to Fix It
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JOHN WILEY & SONS
Source - https://en.wikipedia.org/wiki?curid=26404
John Wiley & Sons
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THE RISKS OR THREATS COULD COME FROM A
WIDE RANGE OF SOURCES THAT INCLUDE
LEGAL LIABILITIES, FINANCIAL UNCERTAINTY,
NATURAL DISASTERS, ERRORS FROM
STRATEGIC MANAGEMENT, AND ACCIDENTS
Source - https://beakon.com.au/category/risk-
management/
These threats, or risks, could stem from a wide variety
of sources, including financial uncertainty, legal
liabilities, strategic management errors, accidents and
natural disasters
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THE DATA RELATED AND THE IT SECURITY
THREATS AND THE RISK MANAGEMENT
STRATEGIES TO REMOVE THEM HAVE BECOME
ESSENTIAL PRIORITIES FOR MANY COMPANIES
OF LATE (AVEN, 2016)
Source - https://beakon.com.au/category/risk-
management/
IT security threats and data-related risks, and the risk
management strategies to alleviate them, have
become a top priority for digitized companies
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AS A RESULT, THE RISK MANAGEMENT PLANS
HAVE RECENTLY INCLUDED THE COMPANY
PROCESSES FOR CONTROLLING AND
IDENTIFYING RISKS TO DIGITAL ASSETS,
CORPORATE DATA, INTELLECTUAL PROPERTY,
AND PERSONAL IDENTIFICATION INFORMATION
FOR THE CUSTOMERS
Source - https://beakon.com.au/category/risk-
management/
As a result, a risk management plan increasingly
includes companies’ processes for identifying and
controlling threats to its digital assets, including
proprietary corporate data, a customer’s personally
identifiable information and intellectual property
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THE RISK MANAGEMENT PROCESSES AND
STRATEGIES
Source - https://beakon.com.au/category/risk-
management/
Risk management strategies and processes
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MOST OF THE RISK MANAGEMENT PLANS
FOLLOW A SIMILAR PROCESS AND STEPS IN
MAKING UP FOR THE GENERAL RISK
MANAGEMENT PLAN
Source - https://beakon.com.au/category/risk-
management/
All risk management plans follow the same steps that
combine to make up the overall risk management
process
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IMPORTANCE OF RISK MANAGEMENT
Source - https://en.wikipedia.org/wiki?curid=30047898
IT risk management
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WHAT IS VULNERABILITY ASSESSMENT
Source - Another student's paper
What is Vulnerability assessment
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WHAT IS THE DIFFERENCE BETWEEN SECURITY
AND SAFETY
Source - Another student's paper
What is the difference between security and safety
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WHAT IS THE RELATIONSHIP BETWEEN RISK
MANAGEMENT AND VULNERABILITY
ASSESSMENT
Source - Another student's paper
What is the relationship between risk management
and vulnerability assessment
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ALI, B., & AWAD, A
Source - Another student's paper
Ali, B., & Awad, A
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CYBER AND PHYSICAL SECURITY
VULNERABILITY ASSESSMENT FOR IOT-BASED
SMART HOMES
Source - Another student's paper
Cyber and physical security vulnerability assessment
for IoT-based smart homes
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SENSORS, 18(3), 817
Source - Another student's paper
Sensors, 18(3), 817
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THE IMPORTANCE OF VULNERABILITY
ASSESSMENT
Source - https://hipaaacademy.net/services/
Internal Vulnerability Assessment
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PURPOSE OF VULNERABILITY ASSESSMENT
Source - https://hipaaacademy.net/services/
Internal Vulnerability Assessment
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(KUMAR & STOELINGA, 2017)
Source - Another student's paper
That is true (Kumar & Stoelinga, 2017)
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KUMAR, R., & STOELINGA, M
Source - Another student's paper
Kumar, R., & Stoelinga, M
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QUANTITATIVE SECURITY AND SAFETY
ANALYSIS WITH ATTACK-FAULT TREES
Source - Another student's paper
Quantitative security and safety analysis with attack-
fault trees
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IN 2017 IEEE 18TH INTERNATIONAL SYMPOSIUM
ON HIGH ASSURANCE SYSTEMS ENGINEERING
(HASE) (PP
Source - Another student's paper
In 2017 IEEE 18th International Symposium on High
Assurance Systems Engineering (HASE) (pp
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THE VULNERABILITY ASSESSMENT WILL
QUANTIFY, PRIORITIZE, AND IDENTIFY THE
VULNERABILITIES AND RISKS IN THE SYSTEM
Source - Another student's paper
The primary role of a vulnerability assessment is to
identify, quantify, and prioritize risks and vulnerabilities
that can be found in the information systems deployed
in the organization
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WIRELESS ASSESSMENT, THE PHISHING
ASSESSMENT, THE VULNERABILITY SCANNING,
AND THE MAPPING OF THE NETWORK
Source - https://talatek.com/risk-management-
services/talatek-risk-vulnerability-assessment/
Network Mapping Vulnerability Scanning Phishing
Assessment Wireless Assessment
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FUNDAMENTALS OF RISK MANAGEMENT
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Fundamentals of risk management
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UNDERSTANDING, EVALUATING, AND
IMPLEMENTING EFFECTIVE RISK MANAGEMENT
Source - Another user's paper
understanding, evaluating and implementing effective
risk management
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KOGAN PAGE PUBLISHERS
Source - Another user's paper
Kogan Page Publishers
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RUSSO, P., CAPONI, A., LEUTI, M., & BIANCHI, G
Source - Another student's paper
Leuti M., & Bianchi, G
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INFORMATION, 10(7), 242
Source - Another student's paper
Information, 10(7), 242
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