Risk Management Paper

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    Technology

    Assets and Risk Management Michael Young 29 October 2015 Abstract One of the most important responsibility in any organization is to protect the assets and seek ways to harden systems by performing test and implementing Intrusion Detection Systems (IDS). With the increase in attacks by hackers most organizations use vulnerability, threat, and exploit assessment to help keep their systems protected. A risk exist when threats are able to exploit vulnerabilities. It is understood there

    Words: 1196 - Pages: 5

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    Information Technology

    A risk is the likelihood that something bad will happen to an asset. • A threat is any action that could damage an asset. • A vulnerability is a weakness that allows a threat to be realized or to have an effect on an asset. • Gramm-Leach-Bliley Act (GBLA) – Passed in 1999, the GBLA requires all types of financial institutions to protect customers’ private financial information. • Protecting private data is the process of ensuring data confidentiality. Organizations must

    Words: 1641 - Pages: 7

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    Hipaa

    HIPAA COW Risk Analysis & Risk Management Toolkit Networking Group Guide for the HIPAA COW Risk Analysis & Risk Management Toolkit Disclaimers This Guide and the HIPAA COW Risk Analysis & Risk Management Toolkit (Toolkit) documents are Copyright by the HIPAA Collaborative of Wisconsin (“HIPAA COW”). They may be freely redistributed in their entirety provided that this copyright notice is not removed. When information from this document is used, HIPAA COW shall be referenced as a resource

    Words: 3778 - Pages: 16

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    A Risk Analysis for Information Security and Infrastrucure Protection

    A Risk Analysis for Information Security and Infrastructure Protection Special Topics in Criminology and Criminal Justice Columbia Southern University January 03, 2012 A Risk Analysis for Information Security and Infrastructure Protection OBJECTIVE The sole purpose for performing a risk analysis for IT systems is to ensure businesses and or organizations, whether small or large to accomplish its missions by better securing the IT systems that store, process

    Words: 1308 - Pages: 6

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    Strategies for Protecting Our Systems from Internal or External Attacks

    Firewall 6 Comprehensive system configuration management 6 Application Whitelisting 6 Disk and filesystem-level Encryption 7 Tiered level authentication and Biometric level access 7 Risk Mitigation Strategies 7 Conclusion 10 Bibliography 11 Introduction The purpose of this white paper is to demonstrate the strength and potential weaknesses of the firms’ computer systems, and also to address the upper managements concerns over a possible threat of an internal or

    Words: 1763 - Pages: 8

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    Huffman Trucking Benefits Election System Risks

    Huffman Trucking: Benefits Election System Security Lisa M. Gardner CMGT442: Information Systems Risk Management March 19, 2012 Craig McCormick Huffman Trucking: Benefits Election System Huffman Trucking Company has requested a new Benefits Election System to be implemented within the organization. The current benefit packages include medical, dental, and vision plans for employees. For the Benefit

    Words: 1194 - Pages: 5

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    Biltrite Corp.

    Solutions for the Biltrite Bicycles Inc. Case Module I - Assessment of Inherent Risk..............................................................3 Module II – PRELIMINARY ASSESSMENT OF CONTROL RISK BASED ON AN UNDERSTANDING OF THE DESIGN OF CONTROLS ................17 Module III - Control Testing: Sales Processing................................................29 Module IV - PPS Sampling: Factory Equipment Additions............................31 Module V - Accounts Receivable Aging Analysis.

    Words: 23506 - Pages: 95

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    Government

    prohibitions on candidacy but a potential Roles and responsibilities for climate change in Australia Paper released at the second meeting of the Select Council on Climate Change. Introduction Governments at all levels, businesses, households and the community each have important, complementary and differentiated roles in adapting to the impacts of climate change. As with current risk management in Australia, local initiative and private responsibility will be at the forefront of climate change

    Words: 2188 - Pages: 9

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    Curbing Fraud Through Risk Assessments

    Fraud Through Risk Assessments Abstract The purpose of this paper is to discuss the psychology behind why people commit fraud and how a risk assessment can be used to mitigate fraud and risk towards a given organization. The risk assessments portion of the paper will discuss areas such as a process for an effective fraud risk assessment which includes defining a risk scope, risk treatments (acceptance, avoidance, transfer, mitigate, or a combination approach), and most importantly risk monitoring

    Words: 3549 - Pages: 15

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    Risk Management Failures of British Petroleum

    ignited. The explosion caused all the casualties and substantial damage to the rest of the plant. The incident came as the culmination of a series of less serious accidents at the refinery, and the engineering problems were not addressed by the management. Maintenance and safety at the plant had been cut as a cost-saving measure, the responsibility ultimately resting with

    Words: 2031 - Pages: 9

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