The rapid expansion of wireless information technology (IT) coupled with a dramatic increase in security breaches forces organizations to develop comprehensive strategies for managing security risks. The problem addressed was the identification of security risk management practices and human errors of IT administrators, putting the organization at risk for external security intrusion. The purpose of this non-experimental quantitative study was to investigate and determine the security risk assessment practices used by IT administrators to protect the confidentiality and integrity of the organization's information. The research questions focused on whether the security risk management practices of IT administrators met or exceeded the minimally accepted practices and standards for wireless networking. The security risk assessment and management model established the theoretical framework. The sample was 114 participants from small to medium IT organizations comprised of security engineers, managers, and end users. Data collection was via an online survey. Data analysis included both descriptive and inferential statistical methods. The results revealed that greater than 80% of participants conducted appropriate risk management and review assessments. This study underscored the need for a more comprehensive approach to managing IT security risks. IT managers can use the outcome of this study as a benchmark for evaluating their current risk assessment procedures. Experiencing security breaches in organizations may be inevitable. However, when organizations and industry leaders can greatly reduce the cost of a data breach by developing effective risk management plans that lead to better security outcomes, positive social change can be realized.