What are the responsibilities of internal auditors? (1) Possess the skills necessary to perform change management audits (2) Understand the technical and business environment, as well as factors that influence the change control effectiveness (3) Learn how to assess change management
Analyse the different business/competitive strategies the organisation might employ using the different operations objectives. 4. Detail the operations management contributions to the organisations’strategy improvement Conclude your report and provide
The standard divides the information security and incident response into five phases. The first phase, plan and prepare, emphasis on the need for an organization to draft an information security incident management policy, create a competent Incident response team comprising of representatives from all departments. Xxxxx The second phase, detection and reporting emphasizes on the need for any employees, vendors, consultants etc. who discovers a defect, incident, security flow, vulnerability or an event that can compromise the system, data quality and integrity to report the incident promptly within the given procedures and framework. Xxxxxx The third, assessment and decisions, refers to a process where the response team and experts assess the incident, assess its scope, mitigation ,corrective as well as preventive measures for similar future incidents.
Regulatory Compliance Security and Policy Management Implementing effective security policies within an organisation is one of the crucial tasks. Security policies define a framework for managing different technologies, resources and helps in achieving the objectives and goals of the organisation. Security policies reduce network threats, risk of security breaches, and manages all kind of business risks in the organisation. There are various business risks involved in the day-to-day business activities of the organization like: Protecting employee data, sharing business information, discussing about confidential data in the organization or in any public forums, utilizing the confidential information for personal gains/usage and utilizing confidential information for various malicious activities. These business risks have to be addressed by defining security policies in the organization.
2.0 Strategic Evaluation- Situation Analysis In order to have suﬃcient data to successfully come up with a strategic choice and implementation decisions the company has to analyze its strategic position beforehand. This analysis contains several deferent steps that will be implemented during this situation analysis of H&M Company. 2.1 SWOT Analysis SWOT analysis is a structured planning method used to evaluate the Strengths, Weaknesses, Opportunities, and threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving the objective. H&M needs to track trends and developments which
The purpose of this publication is to provide guidance for conducting risk assessments of federal information systems and organizations. In addition to identifying the steps in the risk assessment process, it also provides guidance in identifying risk factors to watch and courses of action that should be taken. Risk assessments provide the senior leaders/executives with the information needed to determine appropriate courses of action in response to identified risks. The target audience includes individuals with oversight responsibilities for risk management, organizational missions/business functions, acquiring information technology products, services, or information systems, information system/security design, development, and implementation,