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December 27, 2022

Buy Risk Management Assessment And Control

Order Number	636738393092
Type of Project	ESSAY
Writer Level	PHD VERIFIED
Format	APA
Academic Sources	10
Page Count	3-12 PAGES

Instructions/Descriptions

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Buy Risk Management Assessment And Control

Review “Guide for Applying the Risk Management Framework to Federal Information Systems,” “Managing Information Security Risk,” and online contents regarding risk management processes. During this assignment you will conduct a full risk assessment against the same corporate profile selected earlier. Based on the information obtained from previous assignments, provide a synopsis on how to manage identified risks, and describe the tools and strategies that will ensure network security.

Prerequisite: Using a vulnerability scanner obtained for the previous assignment, conduct a full scan against all servers in the domain. (This information will be used in Part 3 of the assignment.)

Use the following guidelines to create a four to five-page report.

Part 1: Prepare for Risk Management (“Establish a Framework for Managing Risk”)

1. List the corporate requirements (i.e., standards, laws) associated with the company. Briefly explain the impact of non-compliance.

2. Develop categories and a classification method for company information systems. List at least eight categories for various people, processes, hardware, software, and data applicable to the company. Describe the data/system classification scheme as well as the reasons for selecting it.

Part 2: Identify Risk (“Where is the Risk to My Information Assets”)

1. List a minimum of 20 assets (data, systems, people, processes, etc.) and measure their value to the company (Low, Moderate, High, Critical) in a simple table.

2. In one column, identify assets that can impact company compliance, customer satisfaction, competitive advantage, or business productivity (i.e., Business Impact Analysis).

Part 3: Assess Risk (“How Severe is the Risk to My Information Assets”)

1. Identify, measure (quantitative and qualitative), and mitigate key information technology risks. In addition, describe each of the tasks associated with risk framing, assessment, response and monitoring. Refer to risk models (e.g., “Managing Information Security Risk”).

2. Select the optimal risk assessment methodology based on corporate needs. Compare the advantages/disadvantages of your selected risk assessment methodology to others used in the industry.

3. Provide a diagram of the matrix that was used to assess risk.

4. Define for each asset the potential threats, the likelihood the threat will occur or be successful, and the impact loss the asset will have on the company (Risk Mitigation Economics). Note: This includes disasters, loss of power, employee resignations, system malfunctions, drop-in customers, etc.

5. Using the vulnerability scan, list in a table a minimum of 15 identified threats (open vulnerabilities) to the information systems, the impact of the exploited vulnerability, and remediation steps (countermeasures) to remove or reduce either impact or likelihood from threat.

Part 4: Define Risk Appetite (“How Much Risk is Acceptable to My Organization”)

1. Review the characteristics of a risk appetite within Chapter 6 of the course text.

2. Establish a Risk Appetite Statement for the company.

3. Define the Risk Tolerance of the company.

Part 5: Control Risk

1. In 300–500 words, identify and describe the Risk Control Strategy adopted by the company. Ensure the strategy is in alignment with corporate requirements (standards, laws, frameworks, security policies, etc.) and risk appetite.

FYI: Corporate profile name is “Across The States Bank”.

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RUBRIC

Excellent Quality

95-100%

Introduction

45-41 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Literature Support

91-84 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Methodology

58-53 points

With titles for each slide as well as bulleted sections to group relevant information as required, the content is well-organized. Excellent use of typeface, color, images, effects, and so on to improve readability and presenting content. The minimum length criterion of 10 slides/pages is reached.

Average Score

50-85%

40-38 points

More depth/information is required for the context and importance, otherwise the study detail will be unclear. There is no search history information supplied.

83-76 points

There is a review of important theoretical literature, however there is limited integration of research into problem-related ideas. The review is just partly focused and arranged. There is research that both supports and opposes. A summary of the material given is provided. The conclusion may or may not include a biblical integration.

52-49 points

The content is somewhat ordered, but there is no discernible organization. The use of typeface, color, graphics, effects, and so on may sometimes distract from the presenting substance. It is possible that the length criteria will not be reached.

Poor Quality

0-45%

37-1 points

The context and/or importance are lacking. There is no search history information supplied.

75-1 points

There has been an examination of relevant theoretical literature, but still no research concerning problem-related concepts has been synthesized. The review is just somewhat focused and organized. The provided overview of content does not include any supporting or opposing research. The conclusion has no scriptural references.

48-1 points

There is no logical or apparent organizational structure. There is no discernible logical sequence. The use of typeface, color, graphics, effects, and so on often detracts from the presenting substance. It is possible that the length criteria will not be reached.