...Social Security Planning Even though Social Security was designed to take care of us in our retirement years, a secondary retirement income to coincide with our social security is an extremely important consideration if not a necessity. One has to take many considerations that into account when deciding whether or not to plan a secondary income source to coincide with their retirement benefits. Tax rates, inflation, Cost of Living Index and even geographic location play an important role on the ability to live comfortably on social security in retirement. Other things that need to be taken into consideration are not only current economic criteria but future economics as well. Many analysts predict, using current data and future projections, that by the year 2044 the Social Security Administration will no longer have any funds, in which to disburse to retirees. When talking about retirement planning, one has to begin by being aware of and understanding economics and how these affect not only current, but future trends. Quite a bit of information is available at the Social Security Administration Official website – www.ssa.gov. From this site one has access to different financial calculators and other resource links, one of which is a very detailed downloadable retirement planning guide, entitled – Taking the Mystery out of Retirement Planning. This guide has been developed by the U.S. Department of Labor, Employee Benefits Security Administration and its partners. Another...
Words: 1091 - Pages: 5
...Cloud Security Planning Abstract Cloud systems as new online storage and computing systems provide great potentials to all businesses and organizations of creating new approach of storage and computing; cloud system guarantee that all your files and valuable data can be accessed and recovered from anywhere in the world, providing a new meaning of technology. Unfortunately and as to what happen with all emerging technologies there are new threats, risks, breaches, and problems arise with such technologies. They are considered challenges that vary from configuration problems to security breaches to harmful attacks; which may cost the company large losses and in some time financial disasters. In this case study we will try to identify the major threats that may affect the cloud security negatively which can be divided into three major categories: 1. Attackers and threats: where the attacks are no longer limited by breaching the data on someone’s personal computer. It became larger wider and involves more organized crimes. 2. Developed Structure technologies: the amount of data and information used today provides great challenges to system engineers and security designers to visualize and utilize their system to isolate and protect the data on them. 3. Regularity environment challenges: Most companies and IT departments are facing great challenges to meet the laws, legal requirements and consistency acquiescence especially with growth of demand on cloud systems. ...
Words: 2955 - Pages: 12
...The New Performance-Based Security Program Authored by The Sage Group The Professional Services Group (PSG) of Aronson Security Group asked us to comment on four questions related to metrics. Since creating, measuring and accelerating value is our focus, we were happy to oblige. Here were the four questions: * How do you determine what to formally measure? * How do you collect, understand and report on those metrics? * What value does security get from investing in metrics? * What value does the organization get from investing in metrics? What is Performance-Based security? Measuring security performance means assessing business and security results to: (1) determine how effective the strategies and operations are and (2) make changes to address shortfalls and other problems. There are different methods and criteria for measuring performance. However, the common strand through each is the ability to measure the results generated by core business processes, using specific metrics. For each process, there are many possible metrics. Why should Security Organization’s Measure? * Improvement: Understand your strengths and your weaknesses. Show continuous improvement over time. * Planning and forecasting: Performance metrics creates a progress trend line allowing organizations to not only be clear on their current performance position but also forecast their future condition based on the data * Technology Lifecycle Management: Performance...
Words: 927 - Pages: 4
...SECURITY PLANNING FOR THE 2004 DEMOCRATIC NATIONAL CONVENTION CASE REPORT MSFM- Organizational Behavior January 6, 2014 Case Summary In November 2002 the Democratic National Committee selected Boston, Massachusetts to host its July 2004 convention. Boston had beaten out other larger cities which included New York, Miami and Detroit to win the convention. The convention would nominate local politician John Kerry to run against President George W. Bush in the upcoming 2004 election. It was hoped that the event would bring an economic windfall to the city and also showcase the historical and fashionable attractions to the national and international media. Boston Mayor Thomas Menino had worked hard to bring the Democratic National Convention to Boston. The city had tried in 2000 to host the convention but lost out to Los Angeles. On its second try with the help of Senator Edward Kennedy and the state’s congressional delegation Boston was successful. Mayor Menino was very excited for Boston to be in the media spotlight for the four days in July that the convention would be held. It would give the city a chance to bask in the limelight and show its rich historical past and its vibrant present. The Mayor also added that he saw the convention as a challenge for Boston. We’d never had an event of this magnitude. Menino was confident the city would meet the challenge and fare better than others that had hosted political conventions in the past. The city’s elation...
Words: 1741 - Pages: 7
...threats and risks they could face seriously. Security Risk Management (SRM), Business Continuity Management (BCM) and Emergency Planning (EP) assist in achieving this by putting in place effective risk identification and management measures. Effective management of risk can make the difference between success or failure of business operations during and after difficult events. Threats can include man made threats, such as terrorist attacks, or naturally occurring threats such as earthquakes. Effective risk identification and management is essential to any business, especially with the current uncertainty in the world’s economic climate. In order for businesses to survive, during times of increased strain on business operations, it is essential that an alignment between security and business operations can be achieved. This can be achieved by the security department not only widening the remit to cover more risks, but changing how the department works and relates to the rest of the business; including shared responsibility for things such as Corporate Governance, Information Assurance, Business Continuity, Reputation Management and Crisis Management. The problem is security departments now have more responsibilities in an increasingly complex and fast moving world. Security Risk management is no longer an activity just for companies who work in high-risk areas or with exposure to significant security threats. Therefore, security is no longer viewed as a stand-alone activity...
Words: 5764 - Pages: 24
...Introduction to the Management of Information Security Chapter Overview The opening chapter establishes the foundation for understanding the field of Information Security. This is accomplished by explaining the importance of information technology and defining who is responsible for protecting an organization’s information assets. In this chapter the student will come to know and understand the definition and key characteristics of information security as well as the come to recognize the characteristics that differentiate information security management from general management. Chapter Objectives When you complete this chapter, you will be able to: • Recognize the importance of information technology and understand who is responsible for protecting an organization’s information assets • Know and understand the definition and key characteristics of information security • Know and understand the definition and key characteristics of leadership and management • Recognize the characteristics that differentiate information security management from general management INTRODUCTION Information technology is the vehicle that stores and transports information—a company’s most valuable resource—from one business unit to another. But what happens if the vehicle breaks down, even for a little while? As businesses have become more fluid, the concept of computer security has been replaced by the concept of information security. Because this new concept covers a...
Words: 2580 - Pages: 11
...An ISS White Paper Security Strategy Development Building an Information Security Management Program 6303 Barfield Road • Atlanta, GA 30328 Tel: 404.236.2600 • Fax: 404.236.2626 Security Strategy Development Information Security Management A sound information security management program involves more than a few strategically placed firewalls. These safeguards, while important, are only truly effective as part of an overall information security management system. The integration of existing security technologies and processes into a cohesive framework for security management will ultimately reduce inefficiencies and redundancy and ensure the manageability of those solutions. A comprehensive security program should contain the proper balance between people, processes and technology to effectively manage risk with minimal impact on normal business operations. In order to build an appropriate information security program, an organization should assess and define their specific security requirements, design a solution that meets those unique requirements, deploy the necessary policies, technology and procedures, and continuously maintain, adapt and improve that solution. An organization’s overall security strategy will provide a framework for defining those elements necessary in building and maintaining a sound security management program. Strategic planning can take many forms, but the end result should yield a documented approach for achieving goals set within the...
Words: 1442 - Pages: 6
...1. How can a security framework assist in the design and implementation of a security infrastructure? Designing a working plan for securing the organization s information assets begins by creating or validating an existing security blueprint for the implementation of needed security controls to protect the information assets. A framework is the outline from which a more detailed blueprint evolves. The blueprint is the basis for the design, selection, and implementation of all subsequent security policies, education and training programs, and technologies. The blueprint provides scaleable, upgradeable, and comprehensive security for the coming years. The blueprint is used to plan the tasks to be accomplished and the order in which to proceed. What is information security governance? Governance is “the set of responsibilities and practices exercised by the board and executive management with the goal of providing strategic direction, ensuring that objectives are achieved, ascertaining that risks are managed appropriately and verifying that the enterprise’s resources are used responsibly.”1 Governance describes the entire process of governing, or controlling, the processes used by a group to accomplish some objective. Just like governments, corporations and other organizations have guiding documents—corporate charters or partnership agreements—as well as appointed or elected leaders or officers, and planning and operating procedures. These elements in combination provide...
Words: 4589 - Pages: 19
...Introduction to the Management of Information Security Review Questions 1. A globally interconnected commercial world has emerged from the technical advances that created the Internet. Has its creation increased or decreased the need for organizations to maintain secure operation of their systems? Why? Answer: As Internet use continues to rise, the amount of “malicious entities” is also rising. As “malicious entities” grow and become more numerous, the probability that an organization could receive a threat increases. 2. Which trend in IT has eliminated the “we have technology people to handle technology problems” approach as method for securing systems? Answer: NSTISSC Security Model 3. List and describe an organization’s three communities of interest that engage in efforts to solve InfoSec problems. Give two or three examples of who might be in each community. 4. What is the definition of security? How is a secure state usually achieved? Answer: “the quality or state of being secure—to be free from danger.” Taking measures, by procedure and policy, to minimize attacks, risks, and threats from any entity causing them. 5. List and describe the specialized areas of security. Answer: Physical security – protects physical assets of an organization (i.e. people, buildings) Operations security – addresses the continuity of business operations without interruption Communications security – protection of communications media, technology...
Words: 1135 - Pages: 5
...During the initial planning and design process construction and operational requirements of a commercial airport are established. The requirements are governed by the FAA under airport certification requirements identified in 14 CFR 139. Security systems, methods, and procedures within the construction and operational process are the obligation of TSA. The Federal Security Director (FSD) is the designated TSA official that approves the required Airport Security Program (ASP) document, the document identifies how the airport will meet security requirements. The FSD and local FAA Airports Division officials should be consulted during all phases of the project. Airport operators must integrate a Safety Management System process into their overall plan in accordance with FAA rules. Airports must establish hazard reporting systems, a risk assessment process, and a risk mitigation and assurance process with the participation of airport management. The best way to implement security in a facility is through advance planning and continuous monitoring throughout the project. Selecting, constructing, or modifying a facility without considering security for the general public, the facility, passengers, and airport and air carrier personnel can result in costly modifications. All physical security upgrades should be based on applicable Federal, State, and local laws, regulations, and policies to ensure the protection of all persons and assets (including information systems and...
Words: 6328 - Pages: 26
...Audit of Business Continuity Planning (BCP) Final Audit Report Audit and Evaluation Branch June 2006 Tabled and approved by DAEC on January 9, 2007 Audit of Business Continuity Planning (BCP) Industry Canada (IC) TABLE OF CONTENTS 1.0 EXECUTIVE SUMMARY .............................................................................................. 2 1.1 INTRODUCTION ................................................................................................................ 2 1.2 OVERALL ASSESSMENT.................................................................................................... 2 1.3 MAIN FINDINGS, CONCLUSIONS AND RECOMMENDATIONS ............................................. 2 1.3.1 Business Continuity Plan Governance (See Section 3.1 of the BCP Standard) ......... 2 1.3.2 Business Impact Analysis (See Section 3.2 of the BCP Standard).............................. 3 1.3.3 Business Continuity Action Plans and Arrangements (See Section 3.3) .................... 4 1.3.4 BCP Program Readiness (See Section 3.4 of the BCP Standard) .............................. 5 1.3.5 BCP Training and Awareness (See Section 3.4 of the BCP Standard) ...................... 5 2.0 INTRODUCTION............................................................................................................. 7 2.1 BACKGROUND .................................................................................................................. 7 2...
Words: 5659 - Pages: 23
...submitted on the 29 April 2016 (Friday) before 5.00 p.m..Submission after 29 April 2016 (Friday) will NOT be accepted. EVALUATION This assignment accounts for 15% of the total marks for the course and shall be assessed based on the Rubrics attached. PLAGIARISM: MARKS DEDUCTION You should not copy another person’s assignment as your own. If plagiarism is detected, Zero (0) mark would be given. ASSIGNMENT QUESTION PURPOSE The purpose of this assignment is to develop students’ understanding on Human Resource Planning at organization and the ways to create and implement it. REQUIREMENT Assume yourself as a HR Manager of one of the newly formed organization at your place. You are required to create a HR planning for the particular organization based on the HR functions. Following are the guidelines Marking Scheme & Guidelines COMPONENTS | MARKS | 1. Introduction- Your understanding about HR planning | | 2. Company Background * Industry background * Reasons for choosing the organization / industry * HR department objectives and strategies | | 3. Environmental trend * Demographics characteristics * Technological aspect * Legal requirements | | 4. Recruitment * Recruitment process * Recruitment methods * Effectiveness of recruitment | | 5. Selection * Steps in selection * Effectiveness of selection process | | 6....
Words: 4835 - Pages: 20
...Barry Cameron UIN # 00728497 FIN 317 Mon 4:20 SUCESSFUL RETIREMENT PLANNING THE DESIRE TO RETIRE Everybody looks forward to the day that they no longer have to fight traffic or deal with an unappreciative boss. A time when one can focus on more meaningful things in one’s life. Spending more time with family, traveling, hobbies, volunteer work, becoming more active in the community or church; or “do nothing” as forty percent of Americans plan to do upon retiring from the work force. Without the promise of retirement, many would find it very difficult to get out of bed and head to work each morning. “Retirement is a fairly recent phenomenon. At the beginning of the nineteenth century, few people retired, because they simply could not afford to do so. As white – collar jobs replaced a predominantly agricultural economy incomes rose and people had more money with which to retire” (Cullinane and Fitzgerald, 3). People began living longer and found that they had more leisure activities from which to choose from. In the United States, the invention of social security and company pensions greatly contributed to the ability of Americans to retire from the work force. RETIREMENT PLANNING Retirement Planning is an attempt to figure out how much money you need to save each month in order to have a comfortable retirement. It is an attempt because retirement planning requires you to try to predict the future. Nobody really knows what kind of return their...
Words: 1514 - Pages: 7
...not need to plan for retirement. Social Security will cover our needs when we are retired.” Thesis: Retirement is a time to break away from a hectic schedule and enjoy life. Retirement also can be a time of change and unexpected challenges. Planning for retirement with a solid financial investment is the key to providing financial security for life’s “golden years.” Relying solely on Social Security benefits to fund your retirement will place your financial security at risk. Organization: Order of importance. Purpose and audience: To show a solid financial plan for retirement is possible at any age, and the importance of not relying on Social Security as a sole means of taking care of day-to-day expenses. This essay is intended for an audience interested in learning how to make wise choices for their retirement, especially those who are planning to rely on Social Security benefits only. I. Relying solely on Social Security to fund for retirement may be a recipe for financial failure. A. Current research states the Social Security fund may be depleted of funds by the time most people are ready to retire in the next ten (10) years. B. Provide government statistics indicating current rate of payouts as opposed to program’s available funds. C. Current economic research showing of increasing cost of living expenses versus Social Security benefit increases, or lack thereof. II. Relying solely on Social Security benefits can have other far-reaching effects...
Words: 705 - Pages: 3
...Running head: MANAGEMENT PLANNING PAPER Management Planning Paper Fallon Smith Management Planning Paper Tyco International is composed of five business segments: ADT Worldwide, Fire Protection Services, Safety Products, Flow Control, and Electrical and Metal Products. Tyco is a diversified global company that provides a range of products and services to residential and commercial customers. Those products range from electronic security and alarm monitoring to fire-fighting equipment and breathing apparatus, and from water purification and flow control solutions to galvanized steel tubes and armored wire and cable (Tyco International, 2009). Tyco was founded in 1960 as a research laboratory that provided experimental research for the government. Since Tyco has grown into five segments. Tyco has a goal oriented management plan which affects legal and ethical issues, corporate social responsibility and influences the company’s strategic, tactical, operational, and contingency plan. Planning is analyzing a situation, determining the goals that will be pursued, and deciding in advance the actions needed to pursue these goals (Bateman & Snell, 132). Tyco has been around for many years and has many companies vested in them. They have executed their planning very well to this point. Tyco’s main goal is to make sure their customers are happy. Their mission statement states they thrive to be the leader in every market that they serve. They set their goals high...
Words: 1026 - Pages: 5
