Assessment And Implementation Of Data Security

determined that the three primary risks the company faces in protecting the data are as follows:

Risk assessment is used to determine the extent of handling threats and the risks associated with an IT system throughout its life cycle.

The safety aspect for risk management will evaluate the potential for human loss of life and or injury. The potential for major incident or accident, such as fire, explosion, or spill, including environmental damage. The necessity for security within the company is a highly need aspect of safety that can lead to risk. The revenues aspect for risk management will evaluate the loss of customer base, recovering of capital loss and recognizing uncoverable capital loss, and loss of opportunity in marketing of the product. The necessity for revenue risk management is key. The costs aspect for risk management will evaluate the costs that were incurred due to preventable problems. Also, costs due to increased warehouse space, vendor changes, and discount changes. A significant risk in cost for this company is the cost of legal defense. The legal aspect for risk management will evaluate regulatory compliance failures and actions that could result

When planning a risk assessment and looking at possible risks, the decisions that are made for the benefit of the service user should be made after collecting all of the information available. Any reasons give should be able to be defended by looking at every angle that shows that it is in the best interest of the service user with as much risk being removed as possible.

data and risks will help a company to design strong policies, procedures and standards that will help to keep data secure.

|Review of Informational |Whether the Information Security Policy is|The security policy |Without the review of |Each policy should be |

2. Identify three commercially available technology solutions (products or services) which could be used to address cybersecurity problems specific to DR / BCP. Use the five pillars of information assurance (confidentiality, integrity, availability, authenticity, non-repudiation) when identifying a DR/BCP issue as a cybersecurity problem. Examples: loss of integrity (damaged backup tapes), loss of availability (servers can’t be accessed due to power loss), etc.

Due to the lack in data security elements, the following recommendations are suggested: strategy and risk assessment. Overall data security begins with the identification of risks and the strategy on the solution to those risks. This can be accomplished through a Strength Opportunities, and Threats (SWOT) analysis. Strengths and weaknesses are derived from internal factors, such as employees, while opportunities and threats are derived from external factors, such as hackers (Value Based Management, 2011).

Data security has become a concern for every individual in our country. We hear about data loss from businesses like Target and University of Maryland at College Park and it is easy to wonder where the next security breach will be and whether it will affect us personally. This is intended as a look at the existing data security policies that receive the most public attention, Family Educational Rights and Privacy Act of 1974 (FERPA) (34 CFR) and Health Information Portability and Accountability Act of 2000 (HIPAA) (45 CFR. 76 CFR)with a focus on how these statutes apply to database security and design. These regulations affect every American in some way since nearly every person has been either a student, the parent of a

The third phase of our risk analysis involves implementing the security controls. Security controls are essentially

The Risk assessment will be a vital part of the whole security plan which is a document which basically covers the whole

How many organizations have your personal information, including your Social Security number, bank accounts numbers, and credit card information?

Risk is becoming more and more looked into from a company standpoint. What it really boils down to is when something catastrophic happens to a company will they have the necessary plans of action ready. This is when the importance of IT department comes into play, especially with the role and direction that technology has taken in the last couple of years. The IT department does not just make sure that the company at the time has an efficient and effective computing environment, they plan for the future and put together plans of action against disaster occurrences. Depending on the type of business the company does depends on the information needed from the customer. When dealing with confidential information it is important to have secure plans of action by the IT department in place to stop intruders. The basic principal that the IT department takes into account when dealing with risks is what necessary actions can they put in place in order to keep a company’s goals, reputation and assets intact.

Good security management requires risk management to mitigate or reduce risk to an acceptable level within an organization. Security management’s objective is to protect the company and its assets. A proper risk analysis will identify the company’s major assets, threats that put those assets at risk, and estimate the possible damage and loss a company may endure if any of the threats were to become real. With a good risk analysis, management can determine the type of budget they want to set to mitigate threats. Risk analysis justifies the cost of the countermeasures against the threats and determines the benefit or worth of security

The reader will become familiarised with the term risk and it definitions from specifically the ISO 31000 standard of risk management and also the definition of risk from the criminology crime triangle. Which one of these two definitions that are the most suitable for usage within the security industry will be discussed and evaluated. How and why consequence is important when assessing risk priorities and determining where to allocate resources will be examined and answered.