Security Risk Analysis, Risk Management And Security Policies

In today’s IT world every organization has a responsibility to protect the information and sensitive data they have. Protecting data is not only responsibility of security and IT staff but every individual is involved in protecting the information. The risks to information security are not digital only, but it involves technology, people and process that an organization may have. These threats may represent the problems that are associated to complex and expensive solution, but doing nothing about these risks is not the solution.

While strong security standers are necessary, they must be tested from time to time to evaluate their effectiveness. This is where vulnerability assessments come into play; by performing penetration testing on current systems/networks, security risks can be identified and addressed before cybercriminals are able to take advantage of them (Database Security,

Security audit is a measurable technical assessment of a system. Penetration test is a part of security audit. At the end of security audit process, there will be report-generated use for future reference and mitigation plan if

Moreover, now days using information system is not as walking as in the park, it has many new security treats that the company might lose their confidential data, financial and personal information.

To begin with, I started with two courses in the EMSISS program - ISOL 633 - Legal Regulations, Compliance, and Investigation and ISOL 533- Information Security and Risk Management. I also got an internship opportunity of a part time CPT with Sapot Systems Inc as a Software Engineer. The knowledge and interest I had along with these courses, helped me to go that extra mile in my day to day job responsibility.

An Information Security Policy provides directive and doctrine of a framework for best practice within an organization. This security policy includes inventory and management of all security assets both physically and virtually, enumerates clearly the roles and responsibility, accountability and governance. Moreover, the security policy also includes substantive enforcement methods as well as regular vulnerability and risk assessments, change and configuration management, traffic and event logging, periodic internal and annual external audit provisions. In the meantime stating detail operational security process and procedure for all to follow. Most importantly, the senior leadership of Secured Inc. made it achievable, enforceable, and minimizes risk; maximize security by endorsing this security policy.

Managers in the information technology sector are faced with various challenges. Above all, the single most cybersecurity vulnerability remains to be individuals or employees in organizations. This is because lapses in the security system always start with members of staff. Moreover, the above-mentioned individuals are the primary defense mechanism. The range of activities that come up as a result of human error are many, most of the time involving acts of trespass, extortion, vandalism and even theft. The reason behind vulnerability is in the fact that efforts of protection are easily defeated and would only require a person who is against your interests in a particular way. An example is a scenario where an employee decides to infect the system of an organization with a virus. Nevertheless, the same person could become negligent in his duties and give an unauthorized colleague usernames and passwords to systems. The consequences that lie in this would be dire in that it can facilitate crime and sharing of files, which may be considered confidential by a company.

Most babies cry when they receive their first set of vaccines. Mothers know that they must go through this to ensure a healthy future. Like a vaccine the development and execution of a good security policy will help prevent danger and intrusion later. Being one step ahead of the virus is half the battle; it’s the development and implementation that will essentially win the war.

The very important factor of network deployment is security planning. Without doing a full risk assessment, it is not possible to plan for security. This security planning involves developing security policies and implementing controls to prevent computer risks from becoming reality.

For this case analysis, the OCTAVE method for risk-based security strategic assessment will be used. The OCTAVE-S Method which fits particularly for the company that Ann organized and is tailored to suit the needs of small enterprises. This is designed for about 100 people or less. The Becoming Company is a full service provider for a line of developmental training and inspirational materials including videos, music, and books called Drive Change. The company was created by Ann Roger’s, who out of having her own anxiety disorder have managed to come up with a good business that can cater and help other people with the same disorders she has. The core objective of the business is to share her individualized means of therapy through selling the collected videos, and any other information’s necessary for the therapy.

These are used by organisations and charities wishing to exterminate the possible risks by assembly information security risk assessment (information security risk assessment). The ISRA is able to resolve the amount of the potential risk associated with an IT system. An ISRA method identifies an organization 's security risks and provides a measured analysed security risk profile of critical assets in order to build plans to treat the risks hand would beneficial in health and social care to insure things are protected. (Syalim et al., 2009).

A penetration test is a method to evaluate the security of a system or computer network. This method allows to simulate an attack and find exploitable vulnerabilities to propose an action plan to improve the security.

As observed at the 4th International Conference on Global e-Security in London in June 2008, Information Security Risk Management (ISRM) is a major concern of organizations worldwide. Although the number of existing ISRM methodologies is enormous, in practice a lot of resources are invested by organizations in creating new ISRM methodologies in order to capture more accurately the risks of their complex information systems. This is a crucial knowledge-intensive process for organizations, but in most cases it is addressed in an ad hoc manner. The existence of a systematic approach for the development of new or improved ISRM methodologies would enhance the effectiveness of the process (Papadaki et al, 2008). In this review, we

Information security professional’s job is to deploy the right safeguards, evaluating risks against critical assets and to mitigate those threats and vulnerabilities. Management can ensure their company’s assets, such as data, remain intact by finding the latest technology and implementing the right policies. Risk management focuses on analyzing risk and mitigating actions to reduce that risk. Successful implementation of security safeguards depends on the knowledge and experience of information security staff. This paper addresses the methods and fundamentals on how to systematically conduct risk assessments on the security risks of information systems.

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.