Improving the Cyber Resilience in Banksia

Running head: IMPROVING THE CYBER RESILIENCE IN BANKSIA.
Improving the cyber resilience in Banksia.
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IMPROVING THE CYBER RESILIENCE IN BANKSIA.1
Table of Contents
Introduction......................................................................................................................................2
Discussion........................................................................................................................................2
Important aspects of managing the IS/IT implementation in Banksia:...........................................8
Conclusion.......................................................................................................................................9
Bibliography..................................................................................................................................10

IMPROVING THE CYBER RESILIENCE IN BANKSIA.2
Introduction
Banksia pathology is one of the privately owned pathology center in Australia. It has
been founded in 2005. With the time the expansion of the business occurred and at present the
organization has 120 branches all over the country. Banksia is responsible for providing the
pathology services to the different medical and health care centers. The organization is
accredited by National Association of Testing Authority that supports the standard and the
quality of the service the organization is providing (Aarons et al. 2017). However, with the
growing of the business, the better management of data and information is needed. In order to do
this this organization has adopted some of the IT/IS solutions. However, at the present with the
advancement of the technology it has been seen that these existing IT/IS settings are not working
properly with the business model of the organization. In this context, there is a need for
revamping the overall IT/IS system.
The paper will discuss about the different aspects of the existing IT/IS system along with
the proposed IT/IS system. Apart from that the possible risks associated with the system are also
discussed with the risk mitigation plan. The conclusion is drawn from the factors discussed in the
paper.
Discussion
IT/IS Risk management:
In order to understand the different aspects of the risks, the definition along with the
coverage of the IT/IS risk management are needed to be discussed in a proper way. It has been
seen that with the implementation of the IT/IS system the organization can gain certain benefits.
However, there are some of the potential risks those are associated with the IT/IS

IMPROVING THE CYBER RESILIENCE IN BANKSIA.3
implementation. The managing of these IT/IS risks would help the project to deliver the right
outcome.
Some of the common IT/IS risks are the security issues, accessibility issues. These are the
common types of the risks or issues those can be occurred with the newly implemented system.
In the context of Banksia, it has been seen that the implementation of the system is needed to be
done so that the existing system can be replaced with the better one.
The implementation of the new system replacing the old system will have certain issues
like compatibility issues and security issues. With the new system the employees in the
organization will face some problems regarding the usage of the functionalities in the new
system. Apart from that the security of the system may not meet the standard required for the
organization.
In case, if the situation is analyzed from the financial or the business aspects, it can be
seen that there is chance that the implemented system is nor serving the proper results. In that
case, there is a risk that the whole investment can be wasted. Apart from that without the proper
maintenance of the system the system can generate wring data.
Regarding the privacy issue, there can be internal privacy issues and external privacy
issues. The internal privacy issues are concerned about the breaching of the data internally. This
can be done by the internal employees of the organization. In order to prevent this the restriction
on the accessibility of the system is needed to be done. Apart from that different portal is needed
to be assigned to the different people in the hierarchy and the access to the certain portion of the
system is needed to be restricted. For this restriction the use of the username and password can