...Project Part 1 Task 2 Risk Management Plan Alen Kovacevic C. Wyrick IS3110 January 29, 2013 Purpose The Senior Management of the Defense Logistics Information Services (DLIS) has decided to update the previous risk management plan with a developing, new risk management plan. This new risk management plan will not only minimize the amount of risk for future endeavors, but will also be in compliance with regulations such as the Federal Information Security Management Act (FISMA), Department of Defense (DOD), Department of Homeland Security (DHS), National Institute of Standards and Technology (NIST), Control Objects for Information and Technology (COBIT), and Information Assurance Certification and Accreditation Process (DAICAP). Scope The risk management plan is for the organization use only and its network, including remote access company owned building in United States. Outside sources from this scope and risk management plan may cause the network infrastructure to fail or will make it a high risk structure due to the fact that the outside source may not protected to interact with other outside sources allowing hackers to infiltrate your system and steal important files. Compliances Federal Information Security Management Act (FISMA) compliance is required for federal agencies to protect their important information. Department of Homeland Security (DHS) compliance is to be required for protection to the United States against terrorists. There are other organizations...
Words: 1365 - Pages: 6
...Security Risk Management Plan Sydney Head Office 175 Sydney Rd Sydney NSW 2000 DOCUMENT VERSION CONTROL Document Name: | Amalgamation of GSC | Version Number: | 0.1 | Date: | 18 July 2016 | Reviewed By: | | Authorised By: | | CHANGE HISTORY Version | Issue Date | Author | Reason for Change | 0.1 | 20.05 | ABCELLO | Original Document | | | | | | | | | | | | | | | | | | | | | | | | | DISTRIBUTION LIST Copy No | Name | Location | 1. | Master | Project Office | 2. | <Project Manager> | | 3. | <Project Sponsor> | | 4. | <Executive Sponsor> | | 5. | | | | | | | | | | | | | | | CONTENTS INTRODUCTION | 4 | | | SCOPE OF WORKS | 4 | DISCLAIMER AND LIMITATIONS | 4 | | | METHODOLOGY | 4 | | | STRATEGIC CONTENT | 4 | STAKEHOLDER LIST | 5 | RISK MANAGEMENT CONTEXT | 5 | THE RISK MANAGEMENT PROCESS | 6 | | | ANALYSIS OF SECURITY RISK | 7 | TREATMENT OPTIONS | 7 | | | SOURCES OF EVENT RISK | 8 | | | RISK IMPLEMENTATION/RISK IDENTIFICATION | 9 | | | RISK ASSESSMENT SUMMARY | 9 | RISK 1 - Operational | 10 | RISK 2 - Strategic | 10 | RISK 3 - Human / Animal Resources | 11 | RISK 4 - Systems | 11 | RISK 5 - Financial | 12 | RISK 6 - Legal | 12 | | | RISK ASSESSMENT TABLES & CONSEQUENCE | 13 -18 | STAKEHOLDERS SIGN OFF | 19 | BIBLIOGRAPHY | 20 | | | INTRODUCTION ...
Words: 3116 - Pages: 13
...SECURITY RISK MANAGEMENT PLAN Prepared by Jeremy Davis Version control Project title | Security Risk Management Plan Draft | Author | Jeremy Davis | VC | 1.0 | Date | 25/10/10 | Contents Executive summary 4 Project purpose 5 Scope of Risk management 5 Context and background 5 Assumptions 5 Constraints 5 Legislation/Standards/Policies 6 Risk management 6 Identification of risk 7 Analysis of risk 8 Risk Category 9 Review of Matrix 9 Action plan 9 Testing Procedures 11 Maintenance 11 Scheduling 11 Implementation 12 Training 12 Milestones 12 Monitoring and review 13 Definition 13 Authorisation 14 Reference 15 Executive summary A Security Risk Management Plan (SRMP) helps CBS by providing specific guidelines and rules to ensure risk management is considered and included. It provides guidelines for its implementation that can minimise the threats by planning, policies, processes and procedures that can help your business get everything back to normal as soon as possible. This SRMP was designed for the guidelines for its implementation of risk management in CBS and in its operations in order to ensure its security and safety of its staff and assets. Throughout this SRMP it identifies threats, procedures, policies, responsible person and etc which will provide you and your staff information to prepare you with the worst disaster event. Every business these days has a SRMP in case of any events which may occur,...
Words: 2028 - Pages: 9
...Running Head: RISK MANAGEMENT IN JUSTICE AND SECURITY ORGANIZATIONS Risk Management in Justice and Security Organizations Rita A. Davis University of Phoenix CJA/520 Group ID: MSAS0KCAO6 RJ Schafer September 11, 2009 Risk Management in Justice and Security Organizations Introduction Risk management is essential to the security and well being of any organization. Risk management is crucial in guaranteeing that security controls and spending are proportionate with the actual risks to which the organization is exposed. Following a comprehensive and formal risk management approach requires a sound understanding of the principles of risk. Risk goes beyond the questions of efficiency, technique. This paper will discuss the role of risk management in justice and security organizations What is Risk? “Risk is the uncertainty of financial loss, the variations between actual and expected results, or the probability that a loss has occurred, or will occur… three main categories are personal, property, and liability” ( Broder, p. 3). An organization should perform a risk analysis, which is a, “management tool, the standards for which are determined...
Words: 986 - Pages: 4
...protection of the hardware that runs the information system. Therefore, a proper understanding of risk management and all that it entails is of the utmost importance for every IT professional, regardless of specialization. The purpose of this paper is to identify what risk management is and give an overview of the three phases or undertakings that make up the risk management process and then conclude with a discussion and explanation of the six-step Risk Management Framework (RMF) developed by the Department of Defense and the National Institute of Standards and Technology (NIST) (National Institute of Standards and Technology, 2010). “Risk management is the process of Identifying risks, as represented by vulnerabilities, to an organization’s information assets and infrastructure, and taking steps to reduce this risk to an acceptable level” (Michael E. Whitman, Herbert J. Mattord, 2012, p. 119.). Thus, risk management is merely the ability of a person or organization to implement due diligence and identify any potential issue and develop policies and security measures to combat these risks. Risk management is comprised of three phases: risk identification, risk assessment, and risk control (Michael E. Whitman, Herbert J. Mattord, 2012, p. 119.). Risk Identification Risk identification is simply the identification and documentation of the assets and the threats to those assets. Risk identification is an...
Words: 2778 - Pages: 12
...A security risk management approach for e-commerce M. Warren School of Information Technology, Deakin University, Geelong, Australia W. Hutchinson School of Computer and Information Science, Edith Cowan University, Mt Lawley, Australia Keywords Electronic commerce, Risk analysis, Information systems Introduction Information systems are now heavily utilized by all organizations and relied upon to the extent that it would be impossible to manage without them. This has been encapsulated by the recent development of e-commerce in a consumer and business environment. The situation now arises that information systems are at threat from a number of security risks and what is needed is a security method to allow for these risks to be evaluated and ensure that appropriate security countermeasures are applied. Abstract E-commerce security is a complex issue; it is concerned with a number of security risks that can appear at either a technical level or organisational level. This paper uses a systemic framework, the viable system model (VSM) to determine the high level security risks and then uses baseline security methods to determine the lower level security risks. Security methods The aim of the research was too combine a information systems modeling method with a baseline security method to form a hybrid security method. This method could be used to evaluate high and low level security risks associated with e-commerce. The methods used in this model are the viable...
Words: 2218 - Pages: 9
... should take the threats and risks they could face seriously. Security Risk Management (SRM), Business Continuity Management (BCM) and Emergency Planning (EP) assist in achieving this by putting in place effective risk identification and management measures. Effective management of risk can make the difference between success or failure of business operations during and after difficult events. Threats can include man made threats, such as terrorist attacks, or naturally occurring threats such as earthquakes. Effective risk identification and management is essential to any business, especially with the current uncertainty in the world’s economic climate. In order for businesses to survive, during times of increased strain on business operations, it is essential that an alignment between security and business operations can be achieved. This can be achieved by the security department not only widening the remit to cover more risks, but changing how the department works and relates to the rest of the business; including shared responsibility for things such as Corporate Governance, Information Assurance, Business Continuity, Reputation Management and Crisis Management. The problem is security departments now have more responsibilities in an increasingly complex and fast moving world. Security Risk management is no longer an activity just for companies who work in high-risk areas or with exposure to significant security threats. Therefore, security is no longer viewed as a stand-alone...
Words: 5764 - Pages: 24
...fight against crime, freedom and justice for everyone. The justice and security have evolved two keep up with the changes in technology, and new laws that are passed every year. The laws allow new forms of promoting justice throughout the country as crime increases and changes. Justice and security are working together to solve cyber-crimes, enforcing laws of the land, and to fighting terrorist. Balancing the justice and security is an important perception in criminal justice. It provides a guide to the administration in decision on the operation of justice and security to make sure that all laws that are enact is balanced for the benefit of everyone in the nation. By during so it helps to sustain justice for all those involved and to ensure that laws shares powers and resources evenly by everyone in the county. Justice gives everyone equal protection under the law and punished those who violates the laws that have been enacted. Punishment will be determined by the type of crime a person has committed against the humanity. The laws make it easy to eliminate some crimes and ensure security to all. The Constitution does protect the right of the accused to guarantee that the offender rights are protected and not violated by all new and old laws that have been enacted. Punishment of the offender in the justice system and offering security the innocent help balance the administration of justice and security. The issues involving citizen Constitution rights and the need to maintain...
Words: 480 - Pages: 2
...emeraldinsight.com/0968-5227.htm IMCS 14,3 Formulating information systems risk management strategies through cultural theory Aggeliki Tsohou, Maria Karyda and Spyros Kokolakis Department of Information and Communication Systems Engineering, University of the Aegean, Samos, Greece 198 Evangelos Kiountouzis Department of Informatics, Athens University of Economics and Business, Athens, Greece Abstract Purpose – The purpose of this paper is to examine the potential of cultural theory as a tool for identifying patterns in the stakeholders’ perception of risk and its effect on information system (IS) risk management. Design/methodology/approach – Risk management involves a number of human activities which are based on the way the various stakeholders perceive risk associated with IS assets. Cultural theory claims that risk perception within social groups and structures is predictable according to group and individual worldviews; therefore this paper examines the implications of cultural theory on IS risk management as a means for security experts to manage stakeholders perceptions. Findings – A basic theoretical element of cultural theory is the grid/group typology, where four cultural groups with differentiating worldviews are identified. This paper presents how these worldviews affect the process of IS risk management and suggests key issues to be considered in developing strategies of risk management according to the different perceptions cultural groups have. Research limitations/implications...
Words: 9716 - Pages: 39
...Understanding Security Introduction . Security management and systems have often been perceived as a non –productive expensive capital overhead by the stakeholders of companies and a hindrance to employees. The purpose of this assignment is to, Identify what is seen as the main purpose of security management and discuss what is meant by the statement ‘security measures must be commensurate with the threat’. Discussion. Judgements on risk are made by almost all of us on a daily basis, this may be something as simple as crossing the road, subconsciously we adopt a thought process, how fast is the traffic moving? Is it wet? What is the distance needed to travel to safety? Once this thought process has been followed if there remains an element of doubt we then start to mitigate, the type of shoes we are wearing for example, trainers could get us from A to B quicker than if we were donning leather shoes, or if the vehicle in question was a bus pulling away from a stop we would have time to cross safely, on understanding this process we can begin to appreciate the fundamental building blocks of which security management is based. Security management’s primary concern is with the protection of a company or organisational assets. An essential part of security management is the preparation of contingency plans in a response to incidents that could occur and additional control measures implemented as a direct response to any increase in the level of threat, to explain further, security management...
Words: 1491 - Pages: 6
...imperative that leaders at all levels of an organization understand their responsibilities for achieving adequate information security and for managing information system-related security risks (National Institute of Standards and Technology, 2010). One common methodology for implementing information security is known as Certification and Accreditation. Certification and Accreditation is a process that ensures that systems and major applications adhere to formal and established security requirements that are well documented and authorized (Tipton & Krause, 2007). In order to improve information security, strengthen risk management processes, guarantee standardization, and enforce federal policies, the National Institute of Standards and Technology (NIST) partnered with the Department of Defense to transform the traditional Certification and Accreditation (C&A) process into the six-step Risk Management Framework (RMF) (National Institute of Standards and Technology, 2010). The Risk Management Framework provides a structured, yet flexible approach for managing risk to the business processes of a federal organization; however, these principles are crucial to both federal and commercial IT operations since they certify that the management of security risks is consistent with the organization’s mission objectives. Additionally, they ensure the risk management framework is smoothly integrated into the organization’s enterprise architecture...
Words: 1273 - Pages: 6
... |Course Design Guide | | |College of Information Systems & Technology | | |CMGT/442 Version 4 | | |Information Systems Risk Management | Copyright © 2010, 2009, 2008, 2006 by University of Phoenix. All rights reserved. Course Description This course identifies and defines the types of risks that information systems professionals need to consider during the development and implementation of computer based information systems. This course will survey remedies and prevention techniques available to address the risk areas present. Organizational policies and current regulatory considerations will also be examined relative to development, implementation, and use of computer based information systems. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. ...
Words: 1982 - Pages: 8
...Risk Management Framework Computer Security Division Information Technology Laboratory NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY 1 Managing Enterprise Risk Key activities in managing enterprise-level risk—risk resulting from the operation of an information system: Categorize the information system Select set of minimum (baseline) security controls Refine the security control set based on risk assessment Document security controls in system security plan Implement the security controls in the information system Assess the security controls Determine agency-level risk and risk acceptability Authorize information system operation Monitor security controls on a continuous basis NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY 2 Risk Management Framework Starting Point CATEGORIZE Information System Define criticality/sensitivity of information system according to potential worst-case, adverse impact to mission/business. MONITOR Security State Continuously track changes to the information system that may affect security controls and reassess control effectiveness. SELECT Security Controls Select baseline security controls; apply tailoring guidance and supplement controls as needed based on risk assessment. Security Life Cycle AUTHORIZE Information System Determine risk to organizational operations and assets, individuals, other organizations, and the Nation; if acceptable, authorize operation. IMPLEMENT Security Controls Implement...
Words: 723 - Pages: 3
...Applying Risk Management Consulting Ricardo Jackson CMGT/430 April 28, 2015 Dr. Leandro Worrell Applying Risk Management Consulting According to (Whitman & Mattord, 2010) Risk Management is the process of discovering and assessing the risks to an organization’s operations and determining how those risks can be controlled or mitigated. Risk management tackles part of a law-abiding control program that organizations implement to monitor the business and make informed decisions. Most corporate leadership takes on this task while bridging together other departments within the organization requirements. While governance programs differ broadly, all programs require a well-thought-out security risk management component to arrange and mitigate security risks. The management of information systems relies heavily on risk management therefore certain fundamentals must be applied within an organization risk management plan. These principles include identification, assessment, and decision support/implementation control. Identification The risk identification process begins with the identification of information assets, including people, procedures, data, software, hardware, and networking elements. Risk Assessment Identify and prioritize risks to the business Assess Control. Assessing the relative risk for each vulnerability is accomplished via a process called risk assessment. Risk assessment assigns a risk rating or score to each specific vulnerability. This enables...
Words: 969 - Pages: 4
...The concept of security has many associations. It can include safety to individuals, the society, groups that include status, religion and colour, businesses and any other legitimate organizations. The concept of security has been an issue across generations both in animal and human societies. The often quoted sentence ‘survival of the fittest’ comes to mind in this instance. This suggests that individuals and groups (of any order) will resist and create conflict in order to survive in a particular environment, whether it is within a family, society, politics, or a business environment. Whatever the reasons may be or legitimacy of the conflict, it is up to the receiving party to ensure that they survive and grow in spite of security issues. In the business world, competition often produces security problems. The concept of globalization, the growth and expansion of multinationals has resulted in new security threats that are related to political and religious factors. In other words, business organizations can be subject to threats from local businesses, political parties, and terrorist organizations. Local businesses can create problems because the new entrants are seen as a threat and competition to their existing businesses activities. Political parties that are not in power may pose a threat because they oppose the ruling party and not the business enterprise. Terrorism and other forms of violence may occur against specific business organizations since they are seen as a representative...
Words: 5050 - Pages: 21
