Describe processes for implementing risk mitigation throughout an organization.

Assignment 4: Business Value of Risk Management Plans
Due Week 7 and worth
100 points
When organizations develop risk management plans, they need to
consider the value of the assets being protected and the controls that are
needed to mitigate the risks in a cost-effective manner. Likewise, managers need
to ensure that their risk management plans are effective and support the
organizational goals and objectives.
3-4 page
paper in which you:

  1. Describe how an organization determines the level of necessary controls to
    mitigate the risks while considering the value of its assets.
  2. Suggest the assets that need to be protected for the seven (7) domains of a
    typical IT infrastructure. Determine the technical and business consequences if
    they are not protected. Note: Refer to Chapter 10 as a resource for the seven
    (7) domains.
  3. Suggest at least three (3) strategies on how to determine and effectively
    manage residual risk.
  4. Use at least four (4) 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 assignment page
    length.

The specific course learning outcomes associated with
this assignment are:

  • Describe processes for implementing risk mitigation throughout an
    organization.
  • Identify risk mitigation security controls.
  • Use technology and information resources to research issues in IT risk
    management.
  • Write clearly and concisely about topics related to IT risk management using
    proper writing mechanics and technical style conventions.
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