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What is the biggest risk if companies don't opt to use Information Security and Mangement?
Step by step
Solved in 2 steps
- What do you think is the biggest risk if companies will not give importance to Information Security and Management?You examine your company's digital asset risks. How would you do this job?There are many factors that contribute to the success, or otherwise, of the implementation of an information securitymanagement policy in an organisation. Interpret the factors that must be considered when drafting an information andsecurity management policy.
- Suppose your business had an e-commerce Web site where it sold goods and accepted credit card payments. Discuss the major security threats to this Web site and their potential impact. What can be done to minimize these threats?How can companies ensure the security of their data and intellectual property when outsourcing website development to third-party vendors?In what ways is the new risk management framework being applied across this organization? How does this approach of certifying and accrediting government information technology systems compare to the one that was previously used?
- How should companies respond when they discover security flaws?What are some of the most promising applications of blockchain technology, such as cryptocurrency, smart contracts, and supply chain management, and what are some of the technical and regulatory challenges that must be addressed in order to realize their full potential?Is it hard for companies to switch to a cloud-based system? Are there any potential downsides or upsides to participating?
- How current is the field of information security management?To what extent does this new risk management paradigm differ from the old one, and how does it function, is the pressing topic at hand. How does this approach stack up against the previous strategy used to manage government IT systems?How exactly can the demands for information be monitored?