Strategic Security Policy for Woolworths: Potential Threats and Mitigations

This report discusses the strategic security policy for Woolworths, including potential threats and vulnerabilities of the organization's network, and provides mitigations to address these issues.

Individual Report

·TABLE OF CONTENT
TABLE OF CONTENT...............................................................................................................................2
INTRODUCTION.....................................................................................................................................3
Woolworths stakeholders..................................................................................................................4
QUESTION 1...........................................................................................................................................4
Strategic security policy.....................................................................................................................4
QUESTION 2...........................................................................................................................................6
Potential threats and vulnerabilities of organization’s network........................................................6
Mitigations.........................................................................................................................................7
CONCLUSION.........................................................................................................................................9
REFERNCES............................................................................................................................................9
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·INTRODUCTION
Strategic Security policy can be understood as highly important aspect within new
dynamic business world where there are various new productive demands carried on, keenly
focusing on stakeholders safety and keeping their integrity safe within functional scenarios.
The report explains Woolworths company business services which is an Australian chain of
supermarkets and grocery stores within country accounting for more than 80% of Australian
markets and have several range of products, services which has created high range of
goodwill. Report explains formulation of strategic security policy paradigms where focus is
pertained onto how company can grow business scenarios and raise stakeholders
performance, motivation standards and also higher effective goals. The report also further
explains potential threats and vulnerabilities of company networks , various mitigations
which can be used on for developing stronger synergy of work potentialities and removing
threats and company network issues for gaining stronger working performance scenarios.
l壱Woolworths stakeholders
The Woolworths Company is one of the best Australian supermarket company having
wide range of products and services within all stores, where mission is to connect and
convenient ways to shop for evolving drinks business, food customers propositions which has
made Woolworths one of the best brand. The stakeholders of Woolworths are divided into
12 categories which are customers, suppliers ,competitors and government financial
community, service providers, employees, managers, owners and community activists where
there goals are to develop the best functional parameters to generate larger profits (Crowley.
and Bourke, 2018).
·QUESTION 1
·Strategic security policy
Strategic security policy can be understood as an effective strategy tool which enables
to position an organisation to mitigate, transfer, accept and avoid information risk related to
people processes and technologies which helps company adequately for protecting the
confidentiality, integrity and availability of information. This can be understood as an
important aspect for gaining confidence and working extension of strong fundamental
functioning where Woolsworth company main objective is to form convenience, value and

quality parameters for our customers. Employees are one of the most important stakeholders
where 201,000 team members who serve 29 million customers across our brands every week,
with high quality services and reducing prices to repair its price position and customer
perception that is more expensive than competitors.
The strategic security policy for Woolworths is based on functional avenues where main
focus is towards building competencies among stakeholders, with high innovative business
ideas, development of new functional innovation goals, leverage standard parameters for
larger effective paradigms into business avenues which are as follows (Demirdö?en and Işik,
2019).


壱Employees, managers, owners: Employees, managers, owners are the internal
stakeholders of Woolworths company where they hold high importance for company
to serve customers with larger functional scenarios and new phenomenon working
aptitude. The company within strategic security policy shall be focusing to provide
advance training to all employees for higher creative functional services which are
highly important for serving customers with high class services. Woolworth’s
company managers and owners have stronger synergy and best leadership
fundamentals for developing dynamic standards of working innovation to train
employees within various departments. This has also created wider functional
standards of working efficiency by working on best paradigms to generate larger
goals within company production standards with innovation, integrity of value and
energy in business scenarios. Employees belongings should be taken care of within
stores and their lockers should be proper allocated, within their reach which will
enable to gain their trust, safety measures and also enable to deliver growth of their
security interest policy standards. (Ganda, 2019).

壱Service providers and suppliers: Service providers and suppliers are also another
segment of stakeholders within Woolworths where main goal within strategic security
policy is towards developing service innovation and informative platforms for wider
value communication standards. The various competitive parameters within company
also hold wide focus as the service providers and suppliers hold wide importance and
functional innovation for gaining effective parameters. The service providers and
suppliers are highly coordinated and taken special attention to form the security
policy parameters, which will enable brand to gain stronger place within industry

business scenarios. Woolworths uses the best technology to integrate suppliers,
service providers for enabling strong communication networks within business for
generating new effective standards. Service providers and suppliers information and
data should be taken care, protected with all safety of data measures which will
enable to deliver growth fundamentals within business scenarios.

壱Customers: Woolworth’s customers are served with high class innovative services
within online marketing parameters and stores where company serves various scale of
products and services, leveraging new growth within industry domains. The security
policy standards within Woolworths for serving customers are highly focused onto
developing innovative selling and promotion goals, by using new channels and
communication platforms which further generate new working aspects. Customers are
served with larger variety of goods and services within stores, where there are new
services programming onto business scenarios, analysing feedbacks and developing
pathways to create effective networking. The focus within security policy
integrating customers hold high importance within business where there are major
factors developed for delivering larger ethical services with new effective parameters.
Customers personal information and data should be taken care of within business to
gain their confidence within business goals and to secure data within security policy.
5
四Community activists: Woolworths also focuses onto developing community
activists which are one of the integral stakeholders where CSR activities and new
functional ideas , services play high innovative role within business which further
enable to create new presence among competitive industry. Community activists and
society play an important role for higher goodwill and large business scenarios with
spread functional activities to attain new functional scenarios. It also plays major
phenomenon where Woolworths business activities are programmed to gain stronger
synergy of functional standards, potentially also entering new determinants which
will also further enable to gain wider larger goals enriching stronger work goals. The
s strategic security policy within community activists also fundamentally focuses onto
yearning standards of how CSR activities, investing into new scenarios further which
will enhance new domains and larger work potentialities (Heiden and Peters, 2020).
The Woolworths should take care of all communities and social welcare aspects for
developing wider goodwill and reach among various sceanrios.

5四QUESTION 2
5四Potential threats and vulnerabilities of organization’s network
Woolworths company with rising competition business scenarios fundamentally
focuses onto developing stronger working scenario and functionally also focusing new
scenarios, where there are various potential threats and vulnerabilities faced by company
which are as follows:
Data breach as threat-
It can be said that, there are different types of threats accessible in Australian retail
industry that may affect current business activities and practice in negative manner. Data
breach is considered as one of the biggest threats related to security and privacy of key
information of company and its workers, which need to be safe for longer (Cheng, Liu and
Yao, 2017). Data breach can be recognized as an incident that exposes protected and
confidential information. This situation occurs when cybercriminals can successfully
infiltrate a info source and get sensitive info, which is not suitable for Woolworth
supermarket business. It can be accidental or intentional that influence management practices
and activities in negative manner. It is one of the biggest threats that organization can face
while operating their business within retail industry. Due to this force, company can use high
security systems and things that can protect data. Data breach in chosen supermarket can be
done physically by accessing a network or computer to steal local and important files.
Theft of company assets-
Threats to Australian retail industry are mainly from people who are entrusted in
sector. Many people in market are accessible who are less interested in success and growth of
any business, they only think about themselves and focus on ways which makes them richer.
Theft of supermarket assets can be another big threat that can affect its privacy and security
concern effectively. It is another threat Woolworths can face while managing their venture
and activities related to it in industry. It requires major actions and strategies to overcome.
Asset misappropriation fraud occurs at workplace when individual who are entrusted to
management assets of firm steal from it. In market many persons are finding chance to steal
the key assets of firms that provide money to them.
Lack of security management –

Woolworth for safety concern use security system that helps management to protect
their resource and key assets. But they are not using advanced security tools and update the
existing one that can impact on its privacy in negative manner. Security management is
understood as technique or tool of key information confidentiality, accessibility and integrity
assurance. Without having effective and advanced info security management system,
supermarket would not be able to protect and keep their things safe for longer period of time.
Without security management firm would not be able to sustain within retail industry for
long and manage further crisis occurring outside its venture.
Lack of equipment security-
Vulnerability is a weakness of a company, which can be occurred in firm when
something is not going good (Manning and Soon, 2019). In context of Woolworths, lack of
equipment security is one of the vulnerability that can put negative impact on its business
performance and productivity. When management less focus to secure their key equipments
at workplace they can be falls in big trouble which require huge amount of investment.
l四Mitigations
l四Data breach theft shall be protected by usage of various innovative technology
aspects and bringing up various high tech innovative technologies to keep data secure.
The Woolworths data shall be taken care of by analysing varied market demands on
keeping employees information and consumers data safe within working avenues
which will enable to gain strong information. Data theft shall be identified by
machines and also develop analysis of how innovative actions should be taken care
of, which will enable to gain stronger working goodwill. This has been also
recognized as major objective for pertaining stronger working efficiency goal and to
yield focus among various new scenarios.
l四Theft of company assets shall be protected by using high tech CCTV cameras,
using productive innovative technology standards which will enable to keep all assets
safe within supermarket stores. There is also wide demand for pertaining focus on
new usage of machines, CCTV instruments and centralized protection tools which
will enable to generate stronger working elements of safety, keep infrastructure safe.
This measure as one of the most important mitigation keenly bringing on focus for
generating stringent innovation and to leverage focus within various scenario. This

mitigation will enable to develop wide range of safety standards and to focus on
keeping new working innovations on track within industry wide demands.
l四Theft of security management shall be mitigated by bringing up new technologies
and using up new machinery, to keep company infrastructure safe which will also
enable to gain consumers goodwill and to enhance wider function innovation within
business scenarios. This shall also include focus onto bringing on new working
aspects of innovation through which keen criteria will be able to enhance
productively . This mitigation will take care of all functional scenarios where new
relative growth shall be focused and also to generate wider business framework that
is competitively advanced to keep all data safe, assets safe under security interest
policy statements.
l四Lack of equipment safety shall be mitigated by using up capital to invest further
for occupying new instruments, investing on various new resources which are
technically advanced and also to generate new work goals. Woolworths company
owners and leaders must focus for keeping safe machinery and equipments which
are safe, advanced and also ton procure focus onto working with innovation goal
further in business. (Yang, Xiao. and Li, 2020).
l六CONCLUSION
The report can be concluded with detailed explanation and analysis of how functional
innovation and new functional synergy shall be brought within Woolworths business
scenarios where report analyses various parameters of how stakeholders play an
important part within company. Report further also analyses usage of new scenarios for
analysing potential threats and vulnerabilities, how they can be mitigated by company
leaders and to actively work on new phenomenon aspects.
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·REFERNCES
Books and journals
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Heiden, B. and Peters, R., 2020. Ip and Open Innovation—Managing Technology Push and
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