Applying Risk Management Essay Example for Free

Applying Risk Management Essay Risk management is an important element in managing information systems. Applying risk management principals to business procedures is essential because it helps organizations design and maintain a safe systems environment to ensure the confidentiality, integrity, and availability of company data. Kudler Fine Foods has expressed an interest in developing an Enterprise Resource Planning (ERP) system. The primary objective is to improve business administration by integrating stores and business systems. Kudler Fine Foods has three stores in California and integrating business functions across all stores would be extremely beneficial. This paper will outline the major factors and benefits by applying risk management principles to ensure a secure and effective system. Risk Management Principles According to Whitman and Mattord (2010), risk management is a collaborative effort involving Information security, information technology, management, and users. It is important to involve all of these areas to devise a comprehensive and effective risk management strategy. The major principles include identifying risks, quantifying risks, plan for risks, and monitor and manage risks. The first stage is risk identification. This is when the organizations managers identifies all of its assets and classifies them into meaningful categories in addition to prioritizing them by importance. Assets include various components such as people, processes, data, and all elements of information technology. Gathering information on assets such as the people aspect processes, and data could be challenging because they are not always documented and readily available. The information gathered for people may include position titles, the title of his or her supervisor, security levels, and skills. Information collected  for processes may include procedure description, purpose, IT connections, document storage location for reference and updates. After listing out the assets, the next step is to classify them into categories such as people, data, software, and hardware and then classify each asset into sub-categories such as confidential, internal, and public. Applying value or impact to each asset is next by determining its criticality to the business. Questions that may help to assigning a value may include; Which assets generates the highest profitability?, or Which asset would impede business functions if it were compromised? Quantifying risks provides the framework for executives to make informed decisions in relation to cost and resources surrounding security. All of the steps outlined above is essential in the risk identification stage (Whitm an and Mattord, 2010). After completing the risk identification process where all assets are identified and classified, the next phase is to determine the potential threat source and potential vulnerability. Some common threat sources include natural threats, human threats, and environmental threats. According to the National Institute of Standards and Technology (2002), a threat is an exploitation of a vulnerability caused by a threat source. The NIST publication suggests the following: identifying a threat source, indicating the motivation of source, and outlining the threat actions. This practice will help determine the likelihood of a threat taking advantage of a system vulnerability. Next in the process is identifying vulnerabilities. Vulnerability is a weakness or flaw in procedures or controls applied to a system. Identifying potential vulnerabilities will help an organization put controls in place to mitigate risks associated with vulnerabilities. Risk mitigation involves a systematic approach in reducing the exposure to a risk and the likelihood of it occurring. Mitigating defined risks is the gateway for the development of processes and controls to reduce the likelihood of a threat. Having prevention mechanisms that include policies and controls is best practice in regard to securing assets therefore it is critical that Kudler Fine Foods determines the best risk management process that fits their business requirements and needs. Because technology is consistently growing and changing, preventative measures must include flexibility to allow for change and growth. Without these considerations, a business could jeopardize themselves by restricting the ability to expand or even update the systems  with necessary security patches. Preventative measures should include future growth. As technology grows, risks increase. Protection mechanisms will change as new threats are introduced to business as well as new legislations. Many security standards are based on data protection regulations and as laws change or new laws are introduced, information technology is the most costly element in ensuring compliance. There could be costly ramifications with poor planning. Risk avoidance can be costly and inconvenient but it would be more costly and inconvenient when a security issue occurs. A risk assessment would be the first step to take when determining whether to chance a certain risk or not. Determining what the assets are and understanding the impact on the business if a security incident occurs is important. It is also important for businesses to understand regulations and what is necessary to comply with certain laws and requirements. Kudler Fine Foods must conduct risk analysis and ask themselves â€Å"What is the risk of not applying preventative measures?† and â€Å"What would it cost to recover from a certain attack?† Legal ramifications could result if a security breach occurs. This could include steep financial penalties as well as jeopardizing company reputation. The table below outlines examples of risk, vulnerability, and mitigation strategy. Risk Vulnerability Mitigation Strategy Hardware failure Hardware could fail and impede business. Systems could be unavailable for an undetermined amount of time. Create security policy to ensure all hardware is kept up to date with current patches and upgrades. User training Insufficient training of end-users leads to improper use of application which could compromise data or systems. Create detailed training documentation and implement a user training program. Ensure all users participate in training. Deliberate network attacks Potential Malware and Denial of Service attacks. Could lead to exposure of sensitive information. Implement policy to ensure adequate firewall  protection, anti-malware software, and install Intrusion Detection System. Conclusion It is important for businesses such as Kudler Fine Foods to employ a risk management strategy to protect its assets and reputation. Without an effective risk management process the company will be vulnerable to various threats. It is Kudler Fine Foods responsibility to determine what mechanisms should be applied and how it will maintain a secure environment for its own business objectives as well as meeting required regulations. The risk management process is the primary method in facilitating security objectives. References Whitman,M.E., Mattord, H. J. (2010). Management of information security(3rded.). Boston, MA: Course Technology/Cengage Learning National Institute of Standards and Technology. (2002). Retrieved from http://csrc.nist.gov/publications/nistpubs/800-30/sp800-30.pd

Good Advice is Difficult to Define :: Definition Essays

Good Advice is Difficult to Define Advice is hollow, if you don’t know the history of the problem, or the amount of discomfort it is causing. When an expert relays advice or information they will not know the history or comfort level of their reader and will tend to try to generalize or speak to every possible situation. When the class considered the expert’s advice on contractions it was impossible for these authors to speak to their concerns and individual situations. I have very little experience in dispensing advice through writing to a large audience. My experience as an adviser has been restricted to verbal advice usually given one on one and face to face. When I am receiving advice this is also how I am most comfortable. I am also most comfortable giving advice about subjects that I have had formal training in. For example, I am comfortable giving advice about car mechanics, and sobriety. The former I have had over twenty years of training in and the later I had a year of formal and on the job training in a detox unit. I also have the life experience of being an alcoholic, but was not as comfortable about giving advice on this subject, until I had the formal training. I believe in order to give advice or hear advice, the adviser’s opinions or bias on the subject should be shared with the advisee up front. I have found this saves time for both of them because as in the case of my classmate who raced snowmobiles and ignored his parent’s advice, if you are not ready for or do not need information, it is seldom of benefit. I think in the case of the written advice examined in class, it was easier for the class to dismiss much of their expertise, because we were evaluating their opinions rather than being required to use their expertise by our professor. If the class had needed this information to receive a passing grade the reaction may have been different. This brings me to my next point, which is, the advisor is more effective when they understand what the advisee needs the advice for, and what their level of understanding is on the subject. If the advisee has some knowledge of the subject it is not helpful to talk down to them, but if they have little knowledge of the subject it is not helpful to delve into an in-depth discussion of every detail, using terms they don’t understand.

Hardware and Software

My system will require a basic hardware package that includes the ability to run access. This means that they will need a basic computer package including input devices such as the keyboard and mouse and an output device, which is a monitor. Addition things such as a scanner and printer can be added to expand the capability of the computer. This set-up with minimum requirements can be bought for a figure as little as à ¯Ã‚ ¿Ã‚ ½500, which is about the administration, costs for a small business anyway. It would need at least a 1 GB hard drive and have windows 2000. Windows two thousand is needed to run Access and word. Software Data-Power Data power has many basic features of a database software package. These include limited design functions. These design functions allow you to design different databases in a range of colours and layouts. It also contains some limited search or query functions. These include the ability to perform pre set searches on you database. However this is in contrast to the most up to date software which allows the user to develop there own search functions. This brings me to my first disadvantage with Data Power. This is that Data Power is a very competent programme but it's very outdated. Many pieces of software available are now more advanced and contain more features than Data Power. As a result of its age, many new computers are not compatible with the data power programme. This could increase the cost of hardware and limit the functionality of the programme. Data Power is also avoidably difficult when it comes to searching. It uses much of the outdated and widely unknown computer language. This means that the users of such a programme will have to have limited knowledge of computers. Also searches are very wide and on large databases may not be practical. Excel Excel is a number-processing piece of software. It uses spreadsheets and equations to calculate and test different situations imposed on figures and how they may affect each other. Excel is good for balancing books and stock control as well as a minor model tester. It also has the ability to be used as a database. It has filter functions and limited search functions. It can be easily applied to word mail merge function giving one advantage over other packages. As well as this, it is also found on most computer systems. It is a relatively up-to-date system and is compatible with most systems. Excel also offers very complex queries. These queries allow you to search a number of things up at once. This is much better that the data powers basic query functions. It has lookup functions. However excel has only one user interface option. in addition to this it has no reports function or forms function. Word The purpose of word in this database is to use mail merge. This allows me to fulfil part of the criteria that says that the hotel needs to be able to send special offers to its customers. Word allows you to construct formal letters and files that can be used by mail merge to create personalised files. This would make it easier for administrators to send out special offers. Chosen Software I have chosen to use access. Access adaptable. You can make your own user interface designs as well as it being compatible with a lot of computer formats. Other reasons for my choice of excel is that I have access to access so it will be easier for me to make the database on access. Another reason for this choice is that access offers a wide range of query functions. These will allow me to set up the complex queries that are needed to perform the task the database was made for.

Jews During The Nazi Occupation - 1921 Words

Since the start of the Nazi occupation in Europe, Jewish communities and individuals were struggling with survival, and fought for their existence. Many Jews tried to evade or overcome the degrading Nazi decrees, that stripped them of civil and human rights, triggered isolation and denied them a livelihood. The Nazis simply wanted to create a condition in which no human being, particularly Jewish, can live or even exist. For a long time, the Jews’ view on the sanctity of life, a duty to protect one’s life, encouraged them to endure the period of intense pain and suffering. From past experience, the Jews thought that the terrible events of the Nazis would pass, the same as the pogroms. Over a period of centuries, from the Crusades to the†¦show more content†¦Therefore, the external and internal conditions of the ghettos and concentration camps made it extremely challenging for Jewish resistance. Despite these horrific conditions, the creation of a Jewish militar y organization, fighting in Partisans bands, the death camp revolts, and the ghetto uprisings negate the argument that the Jews of Europe of were passive before the darkest period in modern history, the Jewish genocide. As a whole, the Jews did not accept their death mutely, as sheep to the slaughter. Firstly, the Jews in Europe organized a Jewish military league to resist the Nazi brutality. In Vilna, the first organized Jewish armed resistance arose from the youth movements. After the invasion of the Soviet Union is 1941, two-thirds of the Jewish population of Vilna were deported by the Nazis (â€Å"Jewish Combat Organization.†). Those who survived warned the other Jews of the ordeal awaiting them, which paved the way for the â€Å"First Manifesto†. This document called out for Jewish resistance and was written by Abba Kovner, a future leader of the ghetto fighters in Vilna. The manifesto was directed at the Jews of Vilna and the youth movements, and explained the fate of the ghetto deportees (that they were all killed), Hitler’s plot to â€Å"destroy all the Jews of Europe†, and called for Jewish resistance. This manifesto was significant, as it was the first call for the Jews to arm themselves and resist the Nazis. Not soon after,Show MoreRelated Th e Holocaust Essay1561 Words   |  7 Pageslived in during the Holocaust is described by the personal experiences of the oppressed throughout the story Jack and Rochelle, written by Jack and Rochelle Sutin, and the memoir by Alexander Donat titled The Holocaust Kingdom. The horrifying mindset of the oppressors, particularly the Nazi`s, is illustrated in both books. The vicious and relentless emotional, physical, and psychological abuse the Nazi`s targeted at their victims is depicted in detail. 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