Managing Risk in Information Systems

In: Computers and Technology

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Managing Risk in Information System

...1. What is the Principle of Least Privilege?
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Managing Information System

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Managing Information System

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...managing risks in international strategic alliances Risks and guidelines to manage them MANAGING RISK Emphasise protectionof the firm’s own primary resource ♣Risks are relatively low in protecting physical and financial resources, including patents, contracts, logos, and trademarks (ownership protected by law) ♣Risks are high in protecting technological, managerial, and organizational resources ♣Be careful about unintended transfer of knowledge and imitation; you have little legal protection here Introduction: We now discuss the ways in which firms with particular resource orientations can manage the two kinds of risks—relational and performance— inherent in strategic alliances. This will involve managing issues such as control, flexibility, security, and productivity MANAGING RISK Exercise controlthrough contracts, equity, and management. Employ, as appropriate: • Managerial control (have one's own staff in key positions, regular meetings, frequent interactions and communications) • Contractual control(specify usage of properties) • Equity control(majority or shared ownership) Control: When a partner firm contributes primarily property resources and considers relational risk to be the major risk, its concern is that its properties may be misused and that the other party may reap undue benefits. Although properties are protected through legal ownership—and cannot be taken away without the owner's consent—these can still be employed in......

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...Fan Zhao, Florida Gulf Coast University Management Information Systems MANAGING THE DIGITAL FIRM THIRTEENTH EDITION Kenneth C. Laudon New York University Jane P. Laudon Azimuth Information Systems Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Library of Congress Cataloging-in-Publication Information is available. Editor in Chief: Stephanie Wall Executive Editor: Bob Horan Editorial Assistant: Ashlee Bradbury Director of Marketing: Maggie Moylan Executive Marketing Manager: Anne Fahlgren Senior Managing Editor: Judy Leale Senior Production Project Manager: Karalyn Holland Operations Specialist: Cathleen Petersen Creative Director: Blair Brown Senior Art Director: Janet Slowik Cover Designer: Karen Quigley Cover Image: echo3005/Shutterstock Media Editor: Denise Vaughn Media Project Manager: Lisa Rinaldi Composition: Azimuth Interactive, Inc. Full-Service Project Management: Azimuth Interactive, Inc. Printer/Binder: Courier/Kendallville Typeface: 10.5/13 ITC Veljovic Std Book Credits and acknowledgments borrowed from other sources and reproduced, with permission, in this textbook appear on the appropriate page within the text. Microsoft and/or its respective suppliers make no representations about the suitability of the information contained in the documents and related graphics......

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Managing Risks

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Managing Risk in Information Systems Chapter 4 Key Terms / Assessment

...project will be delayed. Firewall - Firewalls filter traffic to ensure that unwanted traffic does not reach vulnerable systems. Firewall appliance - A self-contained firewall solution. It includes hardware and software to provide security protection for a network. Firewall policy - A document that identifies what traffic to allow or block. A firewall policy is often used to implement rules on the firewall. Gantt chart - A bar chart used to show a project schedule. Gantt charts are commonly used in project management. Gantt charts can be used in risk management plans. Milestone - A scheduled event for a project. It indicates the completion of a major task or group of tasks. Milestones are used to track a project’s progress. Milestone plan chart - A graphical representation of major milestones. It shows the time relationship of milestones to each other. It also shows dependencies, if any. Plan of action and milestones (POAM) - A document used to track activities in a risk management plan. A POAM assigns responsibility for specific tasks. It also makes it easier for management to follow up on the tasks. Risk statements - Statements used to summarize risks. Risk statements often usean “if/then” format. The “if” part of the statement identifies the elements of the risk. The “then” portion of the statement identifies the result. Scope - The boundaries of a risk management plan. It defines what the plan should cover. Defining the scope helps prevent scope creep. Scope......

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Managing Risk in Information System

... JONES AND BARTLETT LEARNING JONES & BARTLETT LEARNING INFORMATION SYSTEMS SECURITY & ASSURANCE SERIES Managing Risk in Information Systems DARRIL GIBSON 91872_TPCP_Gibson.indd 1 7/23/10 2:19 PM World Headquarters Jones & Bartlett Learning 40 Tall Pine Drive Sudbury, MA 01776 978-443-5000 Jones & Bartlett Learning Canada 6339 Ormindale Way Mississauga, Ontario L5V 1J2 Canada Jones & Bartlett Learning International Barb House, Barb Mews London W6 7PA United Kingdom Jones & Bartlett Learning books and products are available through most bookstores and online booksellers. To contact Jones & Bartlett Learning directly, call 800-832-0034, fax 978-443-8000, or visit our website, Substantial discounts on bulk quantities of Jones & Bartlett Learning publications are available to corporations, professional associations, and other qualified organizations. For details and specific discount information, contact the special sales department at Jones & Bartlett Learning via the above contact information or send an email to Copyright © 2011 by Jones & Bartlett Learning, LLC All rights reserved. No part of the material protected by this copyright may be reproduced or utilized in any form, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without written permission from the copyright......

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Managing Risk

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