Identifying Potential Risk, Response, and Recovery Assignment

Identifying Potential Risk, Response, and Recovery - Assignment Example They are subject to a multiple number of insecurities that could prove to be very disastrous for the business to which the system belongs should it succumb to a threat. Businesses that rely on information systems have an obligation to maintain and keep it secure. As the Information Security Engineer for a videogame development company, it is compulsory that I adopt a vigilant approach to uphold my company’s information security (Godbole, 2009). Attacks, threats and vulnerabilities to the organization Hacking The organization is vulnerable to hacking. Hacking is a criminal act whereby unauthorized people with massive computer knowledge decide to illegally access the personal information on another’s information system, mostly to use for malicious acts that will harm the system’s owner. As identified, the organization’s system is not secure enough to protect itself from hackers. Should this threat not be handled the organization is at a risk of losing its mo st valuable information to anyone who does not have the business’ best interests at heart. Such information in the wrong hands could lead to the downfall of the organization without fail. Obsolescence The organization’s information system is outdated. This is a threat that needs to be addressed. In a business as competitive as the videogames one cannot afford to have information systems that are out-of-date. ... This means that the systems fail to work somehow due to various reasons. I have made an observation that once the systems crash all the information that was contained in it is lost and the organization has to commence from scratch. It does not have to happen this way at all. This is a problem that must be dealt with so as to save time. If all activities in an organization will be stopped just because one system crashed then the business will lag behind (Godbole, 2009). Poor maintenance by staff The organization’s staff are not using the information systems a required. This could be out of ignorance or simply negligence. I recently observed one staff member pour water on a computer’s keyboard. This is an outrageous show of poor maintenance. The systems need to be taken care of on the outside in order to protect the information they carry inside. Lack of maintenance could lead to a double tragedy, that is, irreparable damage to the computer systems and in turn loss of the data they hold. Theft There has been theft of information systems in the recent past o the organization. This is an attack that cannot be allowed to stand as it should be hazardous to the life of the firm. The organization should find out the source behind these threats and tackle it with immediate effect (Godbole, 2009). Strategies and controls to deal with the risks 1) Hacking Hacking can be dealt with using the strategy of risk avoidance. This means ensuring that it doesn’t occur at all. For this strategy to be enforced the organization needs to apply new methods of securing the information systems further. For instance, by creating stronger passwords for files. This will make it harder for a hacker to access whatever is

Measuring Performance Essay Example | Topics and Well Written Essays - 2500 words

Measuring Performance - Essay Example It comprises of Strengths, weaknesses, Opportunities and threats. Strengths are internal factors that can be concluded as advantages to the business (current advantages). Factors such as a focused management, hardworking employees, low costs are positive points for the firm. For Jengo Ltd, a high regard for their clothes by the customers is an impressive point for the future of the business. Weaknesses are internal factors as well that maybe termed as disadvantages for the firm (current disadvantages). Negative factors like a poorly trained workforce, ageing equipment etc need to be evaluated for a solution to arise. For Jengo Ltd, the failure to produce budgets or forecasts for the financial year hints weak planning on the part of the management. However, Opportunities are potential areas for expansion of the business (advantages that can arise in the future). These areas are obtained after an external audit in the market the firm operates in. Identifying new markets, expansion of t he product portfolio and favorable government policies amalgamates in outdoing competitors. Moreover, threats are not to be forgotten while forecasting future business plans (problems that may arise in the future). These usually comprise of the macro environment factors that alter the economic environment, strength of the competition, globalization etc. Jengo Ltd should be careful about changing customer demands as it operates in a highly uncertain business. SWOT analysis draws the primary sketch for foreseeing the future for any business. It is an effective way of gathering information and generating interest in the business activities quickly, mostly used to plan the marketing strategy (Hall, D et al. 2004) Factors in the macro environment effect decisions by the top management. Demographic change, government laws, trade barriers etc are some examples of macro change (Varoufakis, Y. 2007). These factors can be categorized by the PESTEL (political, economic, social, technological, environmental, and legal factors). Political developments regionally, nationally and internationally might effect a business’s strategy. Political decisions can change vital areas of the company such as education for the employees, health benefits, infrastructure, and subsidies for instance. Economic factors may involve the effect of consumer demand patterns, willingness to spend, inflation, fiscal and monetary policies, exchange rates, fixed and variable costs, and changes in the labour market on the business. Businesses may also need to plan out the effects of government policies to haul out the country from a recession (Hall, D et al. 2004). Changes in social trends can create competitive advantages for businesses. Falling birth rate, ageing population, increase in life expectancy can all effect a business. An ageing population would mean a shift in the sort of products demanded and more pensions paid to employees. Pressure groups can also force a business decision leading to serious consequences. Technology uplifts products and processes. Online shopping, bar coding, CAD and CAM are all technological advancements that aid in the advent of superior products. Furthermore, environmental factors might include a legislation to control pollution or views of certain groups about the ingredients of the product. Major climatic changes due to global warming have significantly impacted many industries and external factors related to a