The University of Sydney Page 1512. Valuable information must be protected at all cost. (True / False)False–Principle 1: There is no such thing called absolute security.–Principle 7: Security = Risk Management–We cannot eliminate all threats but can address known threats and minimizing losses. In this process,1.Information assets of the organization should be identified and classified according to their sensitivity and value. 2.Determine security controls to maintain the confidentiality, integrity and availability based on Risk Management.–Achieve balance between usability and security while aligning with assessment of the level of identified risks.3.Bring such risks to an acceptable level rather than eliminate them at all costs–So, it is not possible to protect all valuable information at all the cost.