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The security risks associated with network systems is a topic that has become increasingly significant in this millennium. The increased visibility, the catastrophic financial effects of a number of corporate security breaches have made the management of risk of all types is the front-burner issue of all corporate sectors. This paper assesses Information Security that commences with a statement of the problem of information security risks and presents a comprehensive methodology to analyze security risks along with suitable parameters and areas of risks involved. The final outcome of this research is assessing security that is practical enough to be used in real applications with acceptable results, without having to be an expert in the security arena. It is built upon the concepts drawn from the computer security leaders in the industry and are tested.