...Analyzing the Dangers and Risk Associated with Cloud Computing in the Health Care Industry Alfonso I. Evans Excelsior College Abstract As technology continues to advance, so do the ever present threats to steal important information. Businesses all around the world are trying to cut cost to increase profits and sometimes it comes at the expense of information technology. One technological advance I will be analyzing is cloud computing and if it is a viable solution. The healthcare industry has begun putting patient information on networks that can be accessed by a number of physicians to maintain a complete record of health history. The problem with this system is that a single hospital does not have the space to maintain the supercomputers necessary to keep all that information so other solutions have to be examined. This assessment will look at the benefits and risk associated with cloud computing as it pertains to patient records. Analyzing the Dangers and Risk Associated with Cloud Computing in the Health Care Industry Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction (Mell & Grance, 2011). Cloud computing has become a valuable asset to businesses and individuals alike because it is convenient to...
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...to formulating goals, you need to do some basic market research. Ask yourself questions like “What market am I going to invest in?” and “How much am I willing to risk?” Now that you have your basic goals and research completed, you need to get down to actual investing. Before you do this, you need to know which stocks you are going to be investing in. There are many tools online that can help you, such as Google Stocks, which helps you keep track of certain stocks to see which direction they are trending in. As general advice, the best stocks to invest in are those that have recently hit rock bottom, and are on their way back up. Investment Risk Profile Simply put, your investment risk profile is how “risky” you are as an investor. Most people think that the stock market is 100% safe and risk-free to invest in, but in reality people do lose money in the stock market, just look at how many lost money in the Great Depression. Determining your investment risk profile is important because you can then determine where you will allocate most of your investments. If you are very “risky,” most of your money will probably end up in High Yield Investment types of stocks. If you are on the opposite end of the spectrum, most of your money will probably be in treasuries and bonds. Not knowing your investment risk profile can cost you big time. For instance,...
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...SECTION 4: ASSESSING RISK Risk assessment and management is one of the highest priorities for any organization to safeguard its properties and assets. In a turbulent state, all information and security vulnerabilities should be in a conversant to many regulations. Selected and tested methodologies have been defined and framed to mitigate the risk-assessment to many organizations. The frameworks have been set to help and guide security and risk. One of the methodologies is: Factor Analysis of Information Risk, abbreviated as (FAIR). FAIR is a methodology for understanding, analyzing and measuring information risk. Information policy and security practices have been inadequate available to aid in effectively managing information risk. For the little available information clues, managers and system owners have found it hard to make effective and well-informed decisions to safeguard their systems against such risks and uncertainties as they may happen. FAIR is elevated to address security practice weaknesses. The major aim of this methodology is to allow organizations contribute effort and mitigate the various risk as they may happen. In one accord risk is assessed and measures be taken to counter the menace. The method ensures the organizational risk is defended and or challenge risk determined by use of advanced analysis techniques and also understand how time and resources such as money will impact the organization's security profile in general. The Methodology works with...
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...Workplace violence Workplace violence is one of most dangerous issues that high risky to people (workers or customers) who present within workplace. Also statistics shows that most common was simple assaults 1.5 million a year &this type of violence has a negative effect on economics as cost 500,000 employees 1,175,100 lost work days each year, Lost wages: $55 million annually, Lost productivity, legal expenses, Property damage diminished public image, increased security. Definition:- Most people think of violence as a physical assault. However, workplace violence is a much broader problem. It is any act in which a person is abused, threatened, intimidated or assaulted in his or heremployment. Workplace violence includes:“justification for Problem Definition” Threatening behavior - such as shaking fists, destroying property or throwing objects. Verbal or written threats - any expression of an intent to inflict harm. Harassment- any behavior that demeans, embarrasses, humiliates, annoys, alarms or verbally abuses a person and that is known or would be expected to be unwelcome. This includes words, gestures, intimidation, bullying, or other inappropriate activities. Verbal abuse - swearing, insults or condescending language. Physical attacks - hitting, shoving, pushing or kicking “Canadian center for occupational and safety” In hospitals work place violence had different forms as prevalence of handguns and other weapons among patients, their families or...
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...support tools to investment institutions Products include indices, portfolio risk, and performance analytics - for use in managing equity, fixed income and multi-asset class portfolios - and governance tools. Our principal sales model in both of our business segments is to license annual, recurring subscriptions to our products and services for use at specified locations, often by a given number of users or for a certain volume of services, for an annual fee paid up front. Our Governance business is a leading provider of corporate governance and specialized financial research and analysis services to institutional investors and corporations around the world. In June 2004, we acquired Barra, Inc. (“Barra”), a provider of portfolio risk analytics tools that launched its first risk analytics products in 1975, broadening our product range beyond index products. In November 2007, we completed an initial public offering (“IPO”) of approximately 16.1 million shares of our class A common stock In June 2010, we acquired RiskMetrics, a leading provider of risk management and governance products and services, in a cash-and-stock transaction valued In July 2010, we acquired Measurisk, LLC (“Measurisk”), a provider of risk transparency and risk measurement tools for hedge fund investors, to aid us in developing a broad platform and setting the standard for analyzing and reporting hedge fund risk in response to our clients’ demands for increasing levels of transparency from...
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...in antihypertensive, tranquilizers, and oral contraceptives. The company has almost debt- free balance sheet and growing cash reserves (40% of net worth in 1981). AHP was able to gain this huge success in these lines was by marketing expertise. CULTURE OF THE BUSINESS AHP's corporate culture distinctive and this culture had several components. First, the company's culture was known to be reticence. A second element, that the managerial philosophy of AHP was prudence and had a strict financial control. For example, all expenditures that are greater than $500 had to be personally approved by Mr. Laporte, who was the CEO of AHP, even if was authorized in the corporate budget. Another important component of AHP's culture was conservatism and risk aversion. Finally, The Company has a long- standing policy of centralizing, where the chief executive had complete authority. STAGES OF DEVELOPMENT AHP's managerial philosophy was proven to be successful as it produced impressive results. AHP's financial performance was stable with consistent growth and profitability. In the year 1981, the firm was able to increase sales, earnings, and dividends for 29 years. However, this growth has been steady between 10% and 15% annually. Moreover, AHP had 25% return on equity in the 1960's, but it has risen tremendously to 30% in the 1980's. AHP had been able to finance this growth internally while paying out almost 60% of its annual earnings as dividends. Unfortunately, AHP's price- earnings ratio...
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...The Master of Agribusiness (MAB) program is unique because it deals with agriculture products produced under condition of risk and volatility and because it deals with food, with all its attendant security, safety and nutritional aspects. It focuses on enhancing specific skills required to make effective business decisions within the concept of food and fibre business, from input suppliers through primary producers to wholesalers, processors, retailers in a competitive, consumer –directed market. The courses I have taken and activities I have been involved in so far have really broaden my understanding and enhanced my analytical skills required in the day-to-day work environment . I have the opportunity to learn collaboratively with other agribusiness professionals, students and staff. Skills in team management and communication are directly enhanced through the program, the collaborative learning approach enables me to learn from real- world scenarios, examine different aspects of problems, minimize the complexity, share findings and negotiate solutions. I have full access to subject materials needed for the courses, and a great opportunity to learn from, and with other students and staff. Through Agribusiness Management Economics I have gained an understanding of, and the ability to apply, key economic concepts and principles (demand, supply, marginal analysis etc). I have also experience, through case studies and application of economic to the US problems. Through the subject...
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...Controller is responsible for analyzing a company's performance in compliance and reporting, operations and assist management in developing its goals and budgets. They are also responsible for analyzing and managing risks companies may encounter. Performing these tasks require the controllers and financial officers to establish internal controls. The internal control system ensures that financial statements are reliable and are compliant with financial regulations; risks are reduced, and short and long time goals are identified and met. Internal controls are systematic measures (such as reviews, checks and balances, methods and procedures) instituted by an organization to (1) conduct its business in an orderly and efficient manner, (2) safeguard its assets and resources, (3) deter and detect errors, fraud, and theft, (4) ensure accuracy and completeness of its accounting data, (5) produce reliable and timely financial and management information, and (6) ensure adherence to its policies and plans (Business dictionary.com). Internal control systems are improved ways of controlling organizations with minimize risk, loss reduction, and also to achieve goals. Justifying the need for the internal control system can be done by using the insurance and political approaches. Asset allocation, security valuation, performance, and optimization are considered with the approaches. Companies acquire insurance because it allows them to transfer risks that affect the assets, property...
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...CIS 527 Assignment 3 Threats, Vulnerability, and Exploits Assessment Practices Click Link Below To Buy: http://hwcampus.com/shop/cis527-assignment-2-assets-risk-management/ Week 6 There are multiple ways to bring threats and vulnerabilities to light. Common practices and lessons learned can help us explore for known or common threats, but how does an organization with a unique or highly unusual setup discover its vulnerabilities? Many organizations turn to ethical hackers. Write a four to five (4-5) page paper in which you: Describe common tools and techniques for identifying and analyzing threats and vulnerabilities. Critique the practice of offering rewards for discovering vulnerabilities. Explain the risks of challenging individuals to exploit vulnerabilities in your systems. Give your opinion on the formation of ethical hackers. Use at least two (2) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required...
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...question “Will the supplier be able to meet Kettering Industry’s requirements satisfactorily, strategically, and operationally in both the short and long term?” To properly answer that question she must use the three levels of need criteria and assess the suppliers. The first level is the strategic level; in this level decisions are made based on the goals of the organization. A decision tree could be an essential aide in helping her make the best possible choice. Decisions trees are comprised of each possible option, analyzing the possibilities of success or failure. Victoria needs to decide which of the four suppliers are capable of meeting the amount of glass they need supplied. She will also need to take into account the risk associated with the suppliers and eliminate the one with the highest risk. Some suppliers can expose Kettering Industries Inc. to certain risks by making them too much glass at once and have too much inventory on hand. Assessing all the risks...
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...incorporate in their reports requirements such as, officers signing reports must review them first, report does not contain any untrue material statements, and the financial statements are presented fairly (Sarbanes-Oxley Act of 2002). The five components to eliminating or reducing any internal risks are: controlling the environment, risk assessment, controlling the activities, information and communication, and monitoring ((Ratcliffe & Landes, 2009). Risk assessment involves a company identifying and analyzing any potential risks harmful to the reporting of financial statements (Ratcliffe & Landes, 2009). The internal control risks identified within the Apollo Shoes case are the accounting and revenue cycle. Specifically there were problems during the fourth quarter with overstating sales, lack of credit approval possibly leading to collection problems in the future, and errors in billing the customers possibly leading to overcharges and undercharges of the customers (Ratcliffe & Landes, 2009). The risks associated with the revenue cycle are the unauthorized rates and prices being quoted and customers who represent a credit risk for future orders (Ratcliffe & Landes, 2009). These risks could lead to the potential misstatements of the reporting for the revenue cycle and continue to result in the unearned revenue for the company. References...
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...CIS 527 Assignment 3 Threats, Vulnerability, and Exploits Assessment Practices Click Link Below To Buy: http://hwcampus.com/shop/cis527-assignment-2-assets-risk-management/ Week 6 There are multiple ways to bring threats and vulnerabilities to light. Common practices and lessons learned can help us explore for known or common threats, but how does an organization with a unique or highly unusual setup discover its vulnerabilities? Many organizations turn to ethical hackers. Write a four to five (4-5) page paper in which you: Describe common tools and techniques for identifying and analyzing threats and vulnerabilities. Critique the practice of offering rewards for discovering vulnerabilities. Explain the risks of challenging individuals to exploit vulnerabilities in your systems. Give your opinion on the formation of ethical hackers. Use at least two (2) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required...
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...organizational members make decisions • involves gathering what information is known, identifying the options and assessing the risk and making the best decisions with the information available in a timely matter • Decision-Making Process a comprehensive, 8-step process Developing Alternatives Developing Alternatives Allocating Weights to the Criteria Allocating Weights to the Criteria Identifying Decision Criteria Identifying Decision Criteria Problem Identification Problem Identification Evaluating Decision Effectiveness Evaluating Decision Effectiveness Implementing the alternative Implementing the alternative Selecting an alternative Selecting an alternative Analyzing alternative Analyzing alternative Step 1 - Identifying a Problem • must be such that it exerts pressure to act • manager is unlikely to characterize a situation as a problem unless s/he has resources necessary to act Step 2 - Identifying Decision Criteria Decision criteria - what’s relevant in making a decision. What factors are relevant in making a decision Step 3 - Allocating Weights to the Criteria Must weight the criteria to give them appropriate priority in the decision. Not all criteria are equally important. Step 4 - Developing Alternatives List the viable alternatives that could resolve the problem without evaluating them Step 5 - Analyzing Alternatives Each alternative is evaluated against the criteria. Each alternative is evaluated by appraising it against the criteria...
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...a. Identify specific considerations from Parts I and II of the case that affect your assessments of engagement risk and acceptable audit risk. Use each of the three factors in the text to categorize your conclusions: External users’ reliance on financial statements After analyzing Pinnacle’s Income statements and other supporting documentation we concluded that the company has a low risk for failure in the next 12 months. Due to Pinnacle’s size and the field on which it performs (technology and manufacturing ), external users will rely significantly on the financial statements to gain assurance of the company’s current state and its future prospects. In addition, the amount of liabilities documented on Pinnacle’s financials make it more likely for investors and parties of interest to leverage the company’s income statements and balance sheets to help them decide on future investment option. Likelihood of financial difficulties Once the audit is completed and the audit is reported is issued , there is a significant risk for Pinnacle to experience financial difficulties included but not limited to bankruptcy. Based on this assumption, the engagement risk level should be increased and the acceptable audit risk should be issued. Management integrity Pinnacle’s Management Team has not demonstrated consistent ethical judgment in many of their choices. They have, to a certain extent. In addition, the organization’s lack of a clear stance regarding...
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...invest in a bond: (1) risk profile and target return, (2) when is/are the maturity date(s) and do they follow your investment horizon, (3) what are the risks, (4) can the bonds be purchased back before maturity, (5) are the interest payments made at a fixed or floating rate, (6) can the issuer cover its debt obligations, (7) and lastly, how are the bonds secured. All of these should be considered before rushing into purchasing a bond of any kind. First, before investing it is important to perform a self-assessment of risk. Essentially, one should evaluate how much they can, or are willing to risk in their investments. This must be done before a strategy can be drawn up. When thinking about a risk profile, the investor must think about possible negative effects from failed investments, the costs of each risk, as well as target return for the bond(s). In addition to a desired target return, an investor should have a defined investment horizon, which should align with the investing bond’s maturity terms, or maturity date. The date of maturity is the date in which the investor will receive the principal payment, which is the amount that was originally invested in the bond, by selling the bond back to the issuer. If any interest was not paid out in the form of a coupon payment, the investor can expect that amount in addition to the principal at the date of maturity. Of course, if the issuer defaults, this payment will not be issued back to the investor, thus the risk involved. There...
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