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Risk Management Plan

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Risk Management Plan
YIELDMORE
Version 1.0.1

Table of Contents
Executive Summary...………………………………………………………..3
1.0 Introduction..……………………………………………………………..4 1.1 Purpose of the Risk Management Plan……………..…….....4
2.0 Risk Management Procedure……….…………………………………...4 2.1 Objectives……………………………………………………4 2.2 Scope………………………………………………………...4
2.3 Compliance Laws and Regulations…………….………………….…....5 2.3.1 PCI DSS Summary ………………………………..…....…5 2.3.2 Sarbanes Oxley Act Summary ………………………..…..6
2.4 Roles and Responsibilities……………………………………..….…..6 2.4.1 Threat Identification………………………………………..7 2.4.2 Methods for Risk Identification……………………...…….7 2.4.3 Vulnerability Identification...………………………...…….7 2.4.4 Pair Threats & Vulnerabilities……………………...………8
2.5 Risk Analysis………………………………………………….……......8
2.6 Risk Monitoring……………………………………………....………..9 2.6.1 Risk Management Plan Approval………………………….10

Executive Summary

A risk is an event or condition that if a threat exploits vulnerability there could be a positive or negative effect on a business or project. Risk Management is the practice of identifying, assessing, controlling and mitigating risks. This document is a guideline in completing a Risk Management Plan. The Risk Management Plan describes the vulnerabilities and threat pairs that could be a potential risk, and outlines a plan to be performed, recorded, and monitored with control measures. The Risk Management Plan is important because it outlines the potential risks and actions being taken to eliminate or reduce the potential loss to the business.

1.0 Introduction

1.1 Purpose of the Risk Management Plan The Risk Management Plan is to outline and define the risks that Yieldmore faces and to inform upper management of the findings to better support decision making to protect the business. This document will outline the

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