ProductsLogo
LogoStudy Documents
LogoAI Grader
LogoAI Answer
LogoAI Code Checker
LogoPlagiarism Checker
LogoAI Paraphraser
LogoAI Quiz
LogoAI Detector
PricingBlogAbout Us
logo

Information Assets

Verified

Added on  2023/01/17

|20
|3704
|91
AI Summary
This document discusses the identification and management of information assets in MyHealth Company. It explores the importance of information security governance and the use of ISO framework for securing assets. The document also covers vulnerability management and risk management strategies.

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Running Head: Information Assets 0
Information Assets
Report
Student name

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Information Assets 1
Table of Contents
Task 1: Identify and Manage Asset.................................................................................................2
Task 2: Vulnerability management and risk management............................................................10
References......................................................................................................................................16
Document Page
Information Assets 2
Task 1: Identify and Manage Asset
Q. 1(a), Q.1 (b), Q.1 (c)
MyHealth Company is a healthcare sector company that provides different services and
products to their patients, such as clinical services, healthcare products, and many others. It has a
cancer-related research department for researching new things in the field of oncology. It have
many information assets to manage different services and operations of the MyHealth Company,
such as computer systems, servers, routers, switches, wireless access points, and many others.
The MyHealth Company requires identification and manages their assets using different security
policies, which are based on the Australian cyber security standards (ACSC, Australian Cyber
Security Centre 2017).
There are many policies and mitigation strategies are used to mitigate the risks from the
organizations. MyHealth Company wants to know about their resources and secure them from
different cyber-attacks. They require security policies to mitigate risk from their organization.
ACSC provides different mitigation rules to mitigate risks (ACSC, Strategies to Mitigate Cyber
Security Incidents 2019).
Information systems are required high security from the cyber-attacks. In addition,
information assets are having a huge value. Therefore, it is highly required strong security
policies to make them secure (Andrijcic and Horowitz 2016).
Number Asset
ID
Asset Asset
Location
Ownership Asset Description
1 S.01 Database
server
On windows
server 2008 in
the server
room
Server
administrator
(IT staff)
Database server is a basic need of an
organization to manage large
amount of data of different
operations in the organization. It
manages all the data in systematic
way, which is used for decision-
making in future. Database server is
Document Page
Information Assets 3
used to manage all the patients’ data
and information as well as research
data of MyHealth Company. Cyber
security is requiring securing data
and information (Barkly 2018).
2 S.02 Web
application
Server
On windows
server 2008 in
the server
room
Server
administrator
(IT staff)
Web server is used to manage all the
request of all the patients and
customers, which are coming from
their internal network. It is included
in the MyHealth Company to
manage different applications of
their business operations. In present
era, data breaches are highly
increases. Therefore, company
should implement cyber security
( Bradford 2018).
3 S.03 Electronic
mailing
Server
On windows
server 2008 in
the server
room
Server
administrator
(IT staff)
MyHealth Company is used email
server for internal communication.it
is helpful for internal non-verbal
communication in between different
staff members.
4 NW.01 Layer 2
Switch
Server Room MyHealth
Company
MyHealth Company is having
access layer switches to connect
different computer systems with
server. It is included in the
MyHealth Company to connect
server with the personal computer
systems and internet. Network
should have security (Dutton 2017).
5 HW.01 Personal
Computer
In different
department in
MyHealth Computer systems are used to
manage different data and

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Information Assets 4
Systems a same floor,
such as
research lab,
payment
section,
reception, and
many others
Company information about the patients and
research data. It is included in the
organization for save time to know
about the information of patients. It
is also used in payments and
communication. It is included in the
organization to complete all the
works in less time (export.gov
2019).
6 SW.01 Windows
Firewalls
In operating
systems of
Computer
systems
MyHealth
Company
Windows firewalls are used to
secure system form upcoming
packets from network and other
devices. It is included to provide
security to the data of MyHealth
Company and patient’s data.
7 NW.02 ADSL Router Server room MyHealth
Company
Asymmetric Digital Subscriber Line
router is used to connect internal
network from Internet for different
purposes, such as payment and
research. It is included in the system
for routing of packets. It used
routing algorithms to sends packets
in a network (www.stanfieldit.com
2019).
8 NW.03 Wireless
access points
Reception
Area
MyHealth
Company
Wireless network is required in the
open areas. Therefore, wireless
access points are used to share
network for different purposes in
different devices (Fruhlinger 2018).
9 SM.01 IT Staff Server room MyHealth IT staff members are responsible to
Document Page
Information Assets 5
Company manage all the systems in a proper
way. If there is an issues in systems
then they will provides a proper
solution of that issues. They are
hired for management of computer
systems, internal network, and
server applications. They are
included in the organization for
managing database, email, web
server as well as different hardware
of the systems.
10 CS.01 Wireless
Security
System
Setting in
wireless
access point
situated in
reception area
MyHealth
Company
A wireless security system is used to
avoid unnecessary change in the
data and network settings. Open
access is harmful for system, as it is
accessible for public. Wireless
access point is access by only
authorized persons.
11 S.03 Dynamic Host
Configuration
Protocol and
Domain
Name System
On windows
server 2008 in
server room
MyHealth
Company
DHCP is used for provide IP
addresses to different computer
system based on the dynamic way. It
provides different IP addresses as
per availability of address at that
time. DNS is used for domain
management in the organization.
12 SW.02 Operating
Systems
In personal
computer
systems
MyHealth
Company
Windows – 7 operating system is
used to manage different works of
all operations, such as sales,
patient’s records, payments, and
many other works.
Document Page
Information Assets 6
d.
Number Asset Class
1. Database server Restricted
2. Web application Server Restricted
3. Electronic mailing Server Restricted
4. Layer 2 Switch Internal
5. Personal Computer Systems Internal
6. Windows Firewalls Internal
7. ADSL Router Restricted
8. Wireless access points Internal
9. IT Staff Public
10. Wireless Security System Internal
11. Dynamic Host Configuration
Protocol and Domain Name System
Restricted
12. Operating Systems Internal
2-
Information security governance can manage different assets of MyHealth Company. It will
provide many benefits to the company to secure their resources and asset management.
Information Security Governance (ISG) identifies different critical risks of the MyHealth
Company and provide them a rank based on their risk level (Von Solms and Van Niekerk 2013).
It is having few objectives to secure the assets of company, which are as:
1. Objectives are achieved
2. Risks is mitigates
3. MyHealth Company’s resources are used responsibly, and
4. Monitor security program of MyHealth Company

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Information Assets 7
It will provide many benefits, such as strategic alignment, risk management, resource
management, performance management, and value delivery.
Information Security Governance (ISG) is a best way to manage all the resource and information
assets of MyHealth Company. It will provide a high security to all the assets of company. It is a
way to manage all the assets of company, such as personal computer systems, server, routers,
switches, wireless access points, and many others (Gordon and Loeb 2006). ISG is having some
objectives, which is as:
1. Goals are achieved
2. All the risks mitigates through controls
3. Tangible resources are used in responsive way
4. Monitor all the activities of MyHealth company network
It will provide many benefits, such as, value delivery, risk management, performance
management, resource management, and strategic alignment.
3-
Acceptable Use Policy (AUP):
Handling of Username and password are responsibility of responsive person, such as
network admin, IT staff and other staff for their credentials
All staff members are responsible for their assets, which are allocated by the company.
Access Control Policy (ACP):
Only authorized persons have entry in restricted areas, such as sever room
Physical security is applied to all information assets
Wireless devices should be in surveillance
Database security:
Database server should have proper cyber security through firewalls
Database server access only by username and passwords
Proper authentication is used for accessing database server
Firewall configuration policy:
Firewall configuration should be proper to prevent system from cyber-attacks
All the risk controls are managed by the network administrator
Firewall should have IDS and IPS systems for security
Document Page
Information Assets 8
Antivirus update policy:
Antivirus are always updated in all the working systems of the company
Respective person is responsible for update process
Respective person should have record for different changes in system based on the
hardware and software
Antivirus should have proper license
Information Security Policy (ISP):
Credential are responsibility of respective person
Roles and responsibilities are distributed in terms of documents of email into all the staff
members by the IT staff members at training time of staff.
Data and information of patients and company is an important asset. Therefore, everyone
should responsible for that data and could not share with anyone (Arlitsch and Edelman
2014).
Incident Response Policy (IRP):
All the staff members should inform about any incident related to the computer system,
data, and information of company.
CISOs are responsible to take proper response based on mitigation controls
Disaster Recovery Policy (DSP):
Disaster recovery plan should be implement to business continuity
Activate business continuity program after any disaster
Business Continuity Policy:
Business continuity process start after disaster and disaster recovery plan is activated
CISOs start security checks after disaster
All the connectivity of network should check by respective person
Password Policy:
Do not use personal information in password, such as date of birth, name, address, and
anything else.
Password should have at least eight characters
Password should have combination of different character, such as uppercase, number,
lowercase, and special characters (NCSC 2019).
Document Page
Information Assets 9
In every month password should change by the respective person with the help of
password tool or software
Password should have a meaning to remember.

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Information Assets 10
Task 2: Vulnerability management and risk management
1-
ISO framework is used to secure different assets of an organization. In case of MyHealth
Company, they have many information assets (iso27001security.com 2019). Therefore, they
should use a proper framework to secure them. Information assets require security from different
cyber-attacks (Hayslip 2018). ISO 27001 is perfect for the MyHealth Company and it is suitable
to secure information assets from cyber-attacks (Kosutic 2016). These are the steps to secure
enterprise:
1. Identify the goals of your Business
2. Obtain Management Support to secure assets
3. Define the Scope of risk
4. Write a brief ISMS Policy as a document
5. Define Risk Assessment Methodology and Strategy
6. Create an Inventory of Information Assets to Protect them
7. Rank all the Assets based on Risk Assessment
8. Create a Risk Treatment Plan and Manage those Risks
9. Set Up Policies and Procedures to Control Risks
10. Allocate Required Resources to all staff and provide training to secure resources
11. Prepare for an Internal Audit of the company’s tangible and non-tangible resources
12. Periodic Management Review ( Cobb 2010).
These steps are strictly followed by the company to secure assets of the company. ISO 27001 is a
framework, which provides full protection to the information assets (Verma 2019). MyHealth
Company requires a framework to manage their assets from cyber-attacks. Therefore, they
should choose ISO/IEC 27001 framework for enterprise risk management ( Licato 2014).
2-
Asset Vulnerability Threat Analysis
Database server Lack of access control Unauthorized Patients and company information
Document Page
Information Assets 11
on the server access using
network and
physical access
should store in a database server
with proper security
Email server Lack of access control
on the server
Physical access of
all the staff
members in server
room
SMTP and POP3 should be
implementing in the server.
Web server Lack of access control
on the server
Unauthorized
access of server
Data should be stored on a server
and access controls should be
applied. User permissions should
be managed.
Firewalls Lack of proper
configuration
Access of firewall Network administrator should
configure firewall at network level
and system level
Layer 2 switches Lack of proper
configuration
All staff members
are having access
of server room
Network admin should configure
access layer switches
Personal Computer
systems
All staff members are
having access of
systems
No proper
credintial
distribution with
responsibility
All the staff members should use
server services to store data and
take responsibility of username
and password of their system.
Wireless security Lack of physical
security
Less security Network administrator should use
WEP2 for security
Routers Lack of configuration No configration Network admin should configure
routers to prevent whole system
from cyber-attacks
Wireless access
points
Lack of physical access Unauthorized
access and
physical access
Network admin should provide
physical security to wireless access
points and implement high level of
access password
Operating System Lack of credential Unauthorized IT staff should responsible for
Document Page
Information Assets 12
access to the PCs updates and configuration of
operating system and other
applications
DHCP and DNS
server
Lack of configuration Unauthorized
access in server
room
Network administrator should
configure DHCP and DNS server.
3-
Asset : An information asset is having some body of knowlede, which have financial value for
the company, state, and country.
Threat : Threat is anything, which cant have potential to damage information assets of company.
Vulnerability: Vulnerability is a loophole that can be useful for attacker to access or damage the
system.
Risk: Risk is cause that have potential for damage of an inforamtion asset through a
vulnerability.
4- Template has enclosed in a separate file
5-
Threat Vulnerability Likelihood Impact Risk rating Description
Unauthorized
access of
Server room is
not having any
3 Extreme High Authorized persons
can have entry in the

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Information Assets 13
servers room restriction server room, such as
IT staff members
Disaster
Recovery
Plan
Data and
information are
required for
different
operations.
MyHealth
Company is
not having a
proper security
policies
3 Low Medium Data is stored in
personal computer
systems, which are
not having updated
antivirus. Therefore,
it is so risky for the
company
Database
storage
Database
system is not
having proper
storage
4 Extreme Medium To secure database,
company should
implement a data
centre for more
security of patient’s
data and information
as well as research
data
Wireless
security
Lack of access
to the wireless
devices
3 High Medium Wireless network is
a simple way to
enter in the network
by an attacker
Configuratio
n of routers
and switches
Lack of
configuration
4 Medium High Without
confirmation routers
and switches are not
secure for data and
information
Document Page
Information Assets 14
Quantitative Risk Analysis Calculations
The key variables and equations used for conducting a quantitative risk analysis are shown below
(Christoffersen 2011). An example calculation for unpublished research information is shown in
each step:
Example:
Exposure Factor (EF) = Percentage of asset loss caused by identified threat; ranges from 0 to
100%.
Here is a method for estimating the exposure factor for use in conducting risk analysis (feel free
to modify any of the numbers below to suit your own needs and preferences):
Start with 100% for the starting exposure factor and answer each of the following questions.
100%
1. Does the system under attack have any redundancies/ backups/copies? Subtract 30% if the
answer is YES
- There is not backup, so no need for subtraction
2.Is the system under attack behind a firewall? Subtract 10% if the answer is YES
Document Page
Information Assets 15
Yes: 100 – 10=90%
s
3.Is the attack from outside? Subtract 20% if the answer is YES - Yes: 90-20=70%
4.What is the potential rate of attack? (10% damage / hour vs. 10% damage / min) Subtract 20%
if the answer is less than 20% damage/hr, Subtract 40% if the answer is less than 2% damage/hr
rate is assumed to be 20% / hour no subtraction
5. What is the likelihood that the attack will go undetected in time for a full recovery? Subtract
10% if the probability of being undetected is less than 20%, Subtract 30% if the probability of
being undetected is less than 10% assume to be 15% 70 – 10 = 60%
6. How soon can a countermeasure be implemented in time if at all? Subtract 30% if the
countermeasure can be implemented within ½ hour, Subtract 20% if the countermeasure can be
implemented within 1 hour Subtract, 10% if the countermeasure can be implemented within 2
hours assume to be within 2 hours 60 – 10 = 50% EF=50%
Single Loss Expectancy (SLE) = Asset Value x Exposure factor;
SLE= 1,000,000 X 50% = $500,000
Annualized Rate of Occurrence (ARO) = Estimated frequency a threat will occur with in a
year and is characterized on an annual basis. A threat occurring once in 10 years has an ARO of
0.1; a threat occurring 10 times in a year has an ARO of 10
Assumption is the threat occurring once in two year ARO is ½=0.5

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Information Assets 16
Annualized Loss Expectancy (ALE) = Single Loss Expectancy x Annualized Rate of
Occurrence.
ALE= SLE X ARO = 500,000 X 0.5 = 250,000
Document Page
Information Assets 17
References
Bradford, Laurence. What You Need To Know About Cybersecurity In 2018. 2018.
https://www.forbes.com/sites/laurencebradford/2018/03/30/why-people-should-learn-
about-cybersecurity-in-2018/#7c88f6fe5d00 (accessed December 11, 2018).
Cobb, Michael. ISO 27001 SoA: Creating an information security policy document. 2010.
https://www.computerweekly.com/tip/ISO-27001-SoA-Creating-an-information-security-
policy-document (accessed March 12, 2019).
Licato, Rich. Six steps to build an effective enterprise risk management program. june 2014.
https://searchcompliance.techtarget.com/tip/Six-steps-to-build-an-effective-enterprise-
risk-management-program (accessed April 8, 2019).
ACSC. Australian Cyber Security Centre. 2017.
https://www.acsc.gov.au/publications/ACSC_Threat_Report_2017.pdf (accessed
December 12, 2018).
—. Strategies to Mitigate Cyber Security Incidents. 2019.
https://acsc.gov.au/infosec/mitigationstrategies.htm.
Andrijcic, Eva , and Barry Horowitz. "A MacroEconomic Framework for Evaluation of Cyber
Security Risks Related to Protection of Intellectual Property." Risk analysis 26, no. 4
(2016): 907-923.
Arlitsch, Kenning, and Adam Edelman. "Staying safe: Cyber security for people and
organizations." Journal of Library Administration 54, no. 1 (2014): 46-56.
Barkly. 5 Cybersecurity Statistics Every Small Business Should Know in 2018. May 6, 2018.
https://blog.barkly.com/small-business-cybersecurity-statistics-2018.
Christoffersen, Peter. Elements of financial risk management. Academic Press, 2011.
Document Page
Information Assets 18
Dutton, Julia . three-pillars-of-cyber-security. September 26, 2017.
https://www.itgovernance.co.uk/blog/three-pillars-of-cyber-security.
export.gov. United Kingdom - Cyber-Security. 2019. https://www.export.gov/article?id=United-
Kingdom-Cyber-Security (accessed March 14, 2019).
Fruhlinger, Josh . Top cybersecurity facts, figures and statistics for 2018. 2018.
https://www.csoonline.com/article/3153707/security/top-cybersecurity-facts-figures-and-
statistics.html (accessed december 11, 2018).
Gordon, Lawrence A, and Martin P Loeb. Managing cybersecurity resources: a cost-benefit
analysis (Vol. 1). New York: McGraw-Hill., 2006.
Hayslip, Gary . 9 policies and procedures you need to know about if you’re starting a new
security program. March 16, 2018. https://www.csoonline.com/article/3263738/9-
policies-and-procedures-you-need-to-know-about-if-youre-starting-a-new-security-
program.html (accessed April 8, 2019).
iso27001security.com. Information risk managemnet. 2019.
http://www.iso27001security.com/html/risk_mgmt.html (accessed March 9, 2019).
Kosutic, Dejan . What should you write in your Information Security Policy according to ISO
27001? 2016. https://advisera.com/27001academy/blog/2016/05/30/what-should-you-
write-in-your-information-security-policy-according-to-iso-27001/ (accessed March 12,
2019).
NCSC. The National Cyber Security Centre. 2019. https://www.ncsc.gov.uk/ (accessed March
14, 2019).
Verma, Sunita . ISO 27001 Implementation — Step By Step Guide. january 26, 2019.
https://www.sync-resource.com/blog/iso-27001-implementation-guide/ (accessed April 8,
2019).
Von Solms, Rossouw, and Johan Van Niekerk. "From information security to cyber security."
computers & security 38 (2013): 97-102.

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Information Assets 19
www.stanfieldit.com. Cyber Security in a Nutshell. 2019. https://www.stanfieldit.com/cyber-
security/ (accessed January 24, 2019).
1 out of 20
[object Object]

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]