Information security and risk management

· There are 3 tasks and 1 presentation that need to be submitted by tomorrow.

· Each task should contain 10 pages.

· All the topics covered 3 tasks should be presented in the PPT

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Task 1:

Chapter 4 -covers of all Task #1

Objectives of a Risk Management Plan:

· A list of threats

· A list of vulnerabilities

· Costs associated with risks

· A list of recommendations to reduce the risks

· Costs associated with recommendations

· A cost-benefit analysis

· One or more reports

Minimum for Task #1 Risk Management Plan:

· Introduction- the objective and importance of the Risk Management Plan

· Purpose of the Risk Management Plan

· Scope/boundaries of the Risk Management Plan

· Compliance Laws and Regulations that pertain to the organization for this project

· Risk Assessment -Task #2

· Identified threats and vulnerabilities that pertain to the organization for this project

· Roles of people/department in the organization and their responsibilities for risk management

· Identify the cost of non-compliance

· Risk Mitigation- Task #3

· Create recommendations

· Create a high-level timeline/implementation plan for the recommendations (assume all were accepted)

· Reference list in APA format

Task 2:

Chapter 5-8 -covers of all Task #2

Objectives of a Risk Assessment Plan: (Chapter #5)

· Key step in a risk management process

· Determination of quantitative or qualitative value of risk

· Conducted for concrete situation and recognized threat

· Used to help identify which safeguards (controls) to implement

· Required for evaluating risk or control

· Often conducted after implementation of a control

Minimum for Task #2 Risk Assessment Plan: (Chapter #5-#8) (pg 129)

· Introduction- the objective and importance of the Risk Assessment Plan

· Purpose of the Risk Assessment Plan

· Scope/boundaries of the Risk Assessment Plan

· Approach to the Risk Assessment for the organization for this project

· System Characterization

· Threat statement

· Roles of people/department in the organization and their responsibilities for this Risk Assessment

· Create a high-level timeline/plan for the risk assessment process-(tasks)

· Reference list in APA format

Task 3:

Chapter 9-10 -covers of all Task #3

Where Should Your Organization Start with Risk Mitigation?

· Identify assets

o High, medium, low

· Identify and analyze threats and vulnerabilities

· Evaluate the controls to determine what controls to implement

Risk Mitigation Best Practices

• Review historical documentation

– Although risks change, many of the threats and vulnerabilities will be the same

• Include both a narrow and broad focus

– Identify specific risks and mitigation strategies and broaden the focus to include the entire organization

• Ensure that governing laws are identified

– If you don’t know what laws apply, you won’t be in compliance

• Redo RAs when a control changes

– If a control changes, the original RA is no longer valid

• Include a cost-benefit analysis

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§ CBAs provide justification for controls and help determine their value

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Minimum for Task #3 Risk Mitigation Plan: (Chapter #9-#10)

· Introduction- the objective and importance of the Risk Mitigation Plan

· Purpose of the Risk Mitigation Plan

· Scope/boundaries of the Risk Mitigation Plan

· Approach to the Risk Mitigation plan for the organization for this project

· Legal and Compliance Implications for the organization for this project

· Threat statement

· Roles of people/department in the organization and their responsibilities for this Risk Mitigation Plan

· Create a high-level timeline/plan for the Risk Mitigation process-(tasks)

· Reference list in APA format

Task 4:

Minimum for Task #4 Presentation

· High level summary of your deliverables

· Lessons learned-Best practices

· Reference list in APA format

Residency Project Task 1: Risk Management Plan

Residency Project Task 1: Risk Management Plan

You are an information technology (IT) intern working for Health Network, Inc. (Health Network), a fictitious health services organization headquartered in Minneapolis, Minnesota. Health Network has over 600 employees throughout the organization and generates $500 million USD in annual revenue. The company has two additional locations in Portland, Oregon and Arlington, Virginia, which support a mix of corporate operations. Each corporate facility is located near a co-location data center, where production systems are located and managed by third-party data center hosting vendors.

Company Products

Health Network has three main products: HNetExchange, HNetPay, and HNetConnect.

HNetExchange is the primary source of revenue for the company. The service handles secure electronic medical messages that originate from its customers, such as large hospitals, which are then routed to receiving customers such as clinics.

HNetPay is a Web portal used by many of the company’s HNetExchange customers to support the management of secure payments and billing. The HNetPay Web portal, hosted at Health Network production sites, accepts various forms of payments and interacts with credit-card processing organizations much like a Web commerce shopping cart.

HNetConnect is an online directory that lists doctors, clinics, and other medical facilities to allow Health Network customers to find the right type of care at the right locations. It contains doctors’ personal information, work addresses, medical certifications, and types of services that the doctors and clinics offer. Doctors are given credentials and are able to update the information in their profile. Health Network customers, which are the hospitals and clinics, connect to all three of the company’s products using HTTPS connections. Doctors and potential patients are able to make payments and update their profiles using Internet-accessible HTTPS Web sites.

Information Technology Infrastructure Overview

Health Network operates in three production data centers that provide high availability across the company’s products. The data centers host about 1,000 production servers, and Health Network maintains 650 corporate laptops and company-issued mobile devices for its employees.

Threats Identified

Upon review of the current risk management plan, the following threats were identified:

· Loss of company data due to hardware being removed from production systems

· Loss of company information on lost or stolen company-owned assets, such as mobile devices and laptops

· Loss of customers due to production outages caused by various events, such as natural disasters, change management, unstable software, and so on

· Internet threats due to company products being accessible on the Internet

· Insider threats

· Changes in regulatory landscape that may impact operations

Management Request

Senior management at Health Network has determined that the existing risk management plan for the organization is out of date and a new risk management plan must be developed. Because of the importance of risk management to the organization, senior management is committed to and supportive of the project to develop a new plan. You have been assigned to develop this new plan.

Additional threats other than those described previously may be discovered when re-evaluating the current threat landscape during the risk assessment phase.

The budget for this project has not been defined due to senior management’s desire to react to any and all material risks that are identified within the new plan. Given the company’s annual revenue, reasonable expectations can be determined.

Project Task 1: Risk Management Plan

For the first part of the assigned project, you must create an initial draft of the final risk management plan. To do so, you must:

1. Develop and provide an introduction to the plan by explaining its purpose and importance.

2. Create an outline for the completed risk management plan.

3. Define the scope and boundaries of the plan.

4. Research and summarize compliance laws and regulations that pertain to the organization.

5. Identify the key roles and responsibilities of individuals and departments within the organization as they pertain to risk management.

6. Develop a proposed schedule for the risk management planning process.

7. Create a professional report detailing the information above as an initial draft of the risk management plan.

Write an initial draft of the risk management plan as detailed in the instructions above. Your plan should be made using a standard word processor format compatible with Microsoft Word.

Evaluation Criteria and Rubrics

· Did the students demonstrate an understanding of the competencies covered in the course thus far?

· Did the students include all important components of a risk management plan in the outline?

· Did the students demonstrate good research, reasoning, and decision-making skills in identifying key components and compliance laws and regulations?

· Did the students create a professional, well-developed draft with proper grammar, spelling, and punctuation?

Required Source Information and Tools:

The following tools and resources that will be needed to complete this project:

· Course textbook

· Internet access for research

Submission Requirements:

All project submissions should follow this format:

· Format: Microsoft Word or compatible

· Font: Arial, 10-point, double-space

· Citation Style: APA Format

Project Task 2: Risk Assessment Plan

After creating an initial draft of the risk management plan, the second part of the assigned project requires you to create a draft of the risk assessment (RA) plan. To do so, you must:

1. Develop an introduction to the plan explaining its purpose and importance.

2. Create an outline for the RA plan.

3. Define the scope and boundaries for the RA plan.

4. Research and summarize RA approaches.

5. Identify the key roles and responsibilities of individuals and departments within the organization as they pertain to risk assessment.

6. Develop a proposed schedule for the RA process.

7. Create a professional report detailing the information above as an initial draft of the RA plan.

Evaluation Criteria and Rubrics

· Did the students demonstrate an understanding of the competencies covered in the course relating to risk assessments?

· Did the students include all important components of a RA plan in the outline?

· Did the students demonstrate good research, reasoning, and decision-making skills in identifying key components and methodologies?

· Did the students create a professional, well-developed draft with proper grammar, spelling, and punctuation?

Required Source Information and Tools:

The following tools and resources that will be needed to complete this project:

· Course textbook

· Internet access for research

Submission Requirements:

All project submissions should follow this format:

· Format: Microsoft Word or compatible

· Font: Arial, 10-point, double-space

· Citation Style: APA Format

Project Task 3: Risk Mitigation Plan

Project Task 3: Risk Mitigation Plan

Senior management at Health Network allocated funds to support a risk mitigation plan, and have requested that the risk manager and team create a plan in response to the deliverables produced within the earlier phases of the project. The risk mitigation plan should address the identified threats described in the scenario for this project, as well as any new threats that may have been discovered during the risk assessment. You have been assigned to develop this new plan.

Evaluation Criteria and Rubrics

· Did the students develop a high-quality risk mitigation plan based on material provided in the course?

· Did the students use information obtained from the earlier parts of the project to build out a risk mitigation plan?

· Did the students create a professional, well-developed draft with proper grammar, spelling, and punctuation?

Required Source Information and Tools:

The following tools and resources that will be needed to complete this project:

· Course textbook

· Internet access for research

Submission Requirements:

All project submissions should follow this format:

· Format: Microsoft Word or compatible

· Font: Arial, 10-point, double-space

· Citation Style: APA Format

Task 4:  Summary Presentation

Risk Management Plan Final Submission and Summary PPT Presentation

Submit all plans and PPT in the individual task folders and present a brief summary of your work. Be sure to include APA references in your plans.  Include all references used  on the last page of the PPT.

Evaluation Criteria and Rubrics

§ Did the students consider the inputs provided in their earlier submissions?

§ Did the students develop sound plans based on the requirements described during the project phases?

§ Did the students provide clear and easy-to-understand documentation, which may include tables and other presentation elements?

· Did the students create a professional, well-developed report with proper grammar, spelling, and punctuation?

· Did the students deliver a relevant and complete summary presentation?