You examine your company's digital asset risks. How would you do this job?
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You examine your company's digital asset risks. How would you do this job?
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Solved in 3 steps
- Suppose you are responsible for analyzing the risks connected with the digital assets of your firm. Have you considered how you would do this task?What do you think is the biggest risk if companies will not give importance to Information Security and Management?What is protected data? (cite your source)What type of information does your company (or a former company) need to protect? In the discussion, give the type of information, why it needs protection, and what would be the impact to the company if a security breech made the news.
- What is the goal of the new framework for risk management? What makes it superior to the previous certification and accreditation process for government information technology systems?What is the biggest risk if companies don't opt to use Information Security and Mangement?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?
- Discuss key areas of concern for information security risk management. How information security risk management is important in the development of corporate strategy?How would blockchain revolutionize corporate governance?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 does this organisation put its new risk management strategy into action? How does this compare to the accreditation and certification of government IT systems?How is this company's new risk management approach implemented? How does it vary from government IT system certification and accreditation?You are required to assess key functions including risk management and compliance for J.P Morgan Chase, and present a written report based on J.P Morgan Chase on the following in 2,000 words: Risk management framework – Conduct an analysis of the risk management process/ framework implemented at the J.P Morgan Chase (including risk assessment and risk control mechanisms). You are required to report on key risks that the institution is exposed to and explain aspects of the framework, emphasizing the effectiveness of the risk management strategies used. Anti-Money Laundering and Terrorist Financing Strategies – Discuss with examples, J.P Morgan Chase approaches/ strategies to combat money laundering and terrorist financing issues. Statutory legislation and compliance - Explain the importance of financial institutions meeting regulatory requirements. Comment on specific legislation that J.P Morgan Chase must be compliant with.