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Bring Your Own Device (BYOD) Project Description: Aztek Corporation

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Added on  2020-04-07

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BRING YOUR OWN DEVICE (BYOD) PROJECT 20 BRING YOUR OWN DEVICE (BYOD) PROJECT Bring Your Own Device (BYOD) Project Name: Affiliation: Date: Executive summary Aztek Corporation is an Australian company operating in financial services sector. Amongst the projects is the one aiming at allowing employees to bring their own devices such as laptops, tablets and mobile phones in the workplace. This report is therefore concerned in analyzing the information technology risks associated with employees bring their own devices to

Bring Your Own Device (BYOD) Project Description: Aztek Corporation

   Added on 2020-04-07

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Running head: BRING YOUR OWN DEVICE (BYOD) PROJECTBring Your Own Device (BYOD) ProjectName:Affiliation:Date:
Bring Your Own Device (BYOD) Project Description: Aztek Corporation_1
BRING YOUR OWN DEVICE (BYOD) PROJECT2Executive summaryAztek Corporation is an Australian company operating in financial services sector. Currently, thefirm is facing competition due to many organization venturing in that sector. To ensure that the business competes favorably in the market and compete effectively, various projects have been proposed. Amongst the projects is the one aiming at allowing employees to bring their own devices such as laptops, tablets and mobile phones in the workplace. The introduction of the project intends to make the employee's devices the only or the primary tools in achieving their tasks. The implementation of the project will enable the company makes some savings since the funds incurred in acquiring such assets will decline significantly. The saved financial resources will be directed to other sectors and most probably strengthen the areas of weaknesses. However,the project seems to be associated with many information technology (IT) risks. This report is therefore concerned in analyzing the information technology risks associated with employees bring their own devices to their workplace and using them as their primary or sole tools in performing their tasks. The methods to be discussed in this report will include mobile phones, tablets, and laptops. Aztek Corporation Company which is amongst the prominent business players in the Australian financial services sector will be the case study throughout the report. The paper will analyze the IT risks critically, evaluate and measure them accordingly. In the discussion of information technology risks, various sectors will be checked including the existing and current information technology practices applied in the organization. The knowledge of current technological practices in the organization will help in determining the appraisal of the technology in the firm. The practices of the government to the organizations venturing in the Australian Financial Service Sector will be discussed briefly.
Bring Your Own Device (BYOD) Project Description: Aztek Corporation_2
BRING YOUR OWN DEVICE (BYOD) PROJECT3A review of the organizations which have initially allowed employees to bring their devices at working places will be looked at to give a clear picture of areas which should be emphasized. The benefits and shortcomings facing those organizations will be reviewed. The impacts of application trends in the IT landscape will be discussed. The implementation of the project is expected to have both negative and positive effects. The paper also discusses in details the benefits of the adoption of the systems and disadvantages to the organization. The issues of security are well captured since the project is associated with a lot of insecurity issues. The risk assessment is also highlighted, and it addresses various issues including threats, vulnerabilities, and consequences resulting from implementation of the project in Aztek Corporation. The report is highly concerned on recommending the methods of safeguarding the organization from data insecurity. Mechanisms of ensuring confidential business information by adhering to the BYOD (Bring Your Device) programs and policies and therefore applying the same in employment agreement terms. The support given to the BYOD program will determine whether the project will run expectedly in Aztek Corporation. The information technology risks associated with the project will be discussed accordingly.Lastly, the report tackles the issue of data security to the Aztek Corporation. When employees are allowed to bring their own devices to the workplace and apply them to perform their duties, itis likely the data of the organization will be leaked. Leaking business information is a significant threat to the team since it may be used by competitors to identify the firm's strengths and existingopportunities. The issues of data security should be addressed accordingly before the business adopt the project fully. The advantages outnumber the challenges bringing a reason as to why thefirm should adopt the project. The relevant recommendations for mitigating the information technology risks associated with the implementation of the projects are stated.
Bring Your Own Device (BYOD) Project Description: Aztek Corporation_3
BRING YOUR OWN DEVICE (BYOD) PROJECT4Table of ContentsExecutive summary.....................................................................................................................................2Introduction.................................................................................................................................................5The review of the project concerning Financial Services sector..................................................................6Relevant government regulation..............................................................................................................6Financial services sector review..............................................................................................................8Current Security Aztek Posture...............................................................................................................9The concept of BYOD (Bring Your Own Device).................................................................................11IT Platform factors impacting BYOD Concept......................................................................................11Risk Assessment........................................................................................................................................12The risk of managing unknown third-party access and mobile applications..........................................12The risk of probable challenges in data tracking....................................................................................13The risk of probable difficulty in data management and segregation of compliance.............................14The risk of data leakage due to loss of personal gadgets.......................................................................14Data security..............................................................................................................................................15Recommendations.....................................................................................................................................16Conclusion.................................................................................................................................................16References.................................................................................................................................................17
Bring Your Own Device (BYOD) Project Description: Aztek Corporation_4

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