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Hi Viswanath,
M.Com will be a good course option provided you are keen to pursue a career in continuation to your current stream but if you are keen to make a career transit and are interested in the field of legal and law then you can definitely plan for a career course in Law stream.
There are several well known institutions in the country to offer Law programs and to know about these and the relevant information, you may kindly refer to the below link:
https://www.shiksha.com/search/index?keyword=llb&location=India&searchType=course&cat_id=&countOffsetSearch=&startOffSetSearch=0&subLocation=-1&cityId=-1&cType=-1&courseLevel=-1&subType=0&showCluster=-1&channelId=
For any further clarification do post your query , in case this answer resolves your query, Please close it by marking it as Best Answer .
All the best!

Akshay.The subject you have chosen to study at postgraduate level is very very broad in nature. But I will try my best to explain its importance. Corporate Risk and Security Management is all about the security measures a company takes to protect its employees, clients and reputation. The following main areas are of utmost importance in corporate risk and security management.
1. Personal Security - For example, a company might have security guards and CCTV to protect staff and clients in a bank.
2. Physical Security - Installation of fire alarm, burglar alarm etc
3. Information Security - Having strict rules that prevents staff from passing client information to outsiders knowingly or unknowingly. For example, a call centre agent who processes credit card applications should not pass the applicant's contact details to anyone.
4. Corporate Governance - For example, No employee senior, middle level or junior level should misuse his/her position to bend or break rules and regulations that would bring disrepute to the company (particularly in Accounts Dept)
5. Ethics - For example, a TV. newspaper or magazine should not resort to sensationalism in the name of journalism. The information should be 100% correct without exaggeration.
6. Fraud Detereance - Prevention of corruption
7. Risk Management - Taking measures to prevent all sorts of risks a company might face. Financial, Physical etc
8. Business Continuity - For example, if a company gets damaged in floods or fire, there should be a business continuity plan to get back into business as quickly as possible
9. Crisis Management - Very severe cases of risks
10. Environmental Policy - For example, a company should not be using any raw materials or production process that are harmful for the environment.
I hope you understood. Give me a thumbs up if I have answered your question.