IT Risk Management Paper Aztek Organization

IT RISK
MANAGEMENT

Executive summary:
In this paper, we recommended to the Aztek organisation to transform their existing business
activities platform with the program of outsourcing business operations for minimizing the
cost associated with the working environment of the traditional procedure undertaken. The
IT operations can be outsourced for increasing the functionality of the business operations of
Aztek organization. The strategic decision making capability of the project owner can be
improved with the inclusion of outsourcing of business functionalities. The security is the
major concern with the business activities which are outsourced on the other business
platform developed by the third party. The development of the mitigation plan is the result of
using expertise, knowledge and skills in the effective and efficient manner. The activity of
outsourcing works on providing key resources at the time of demand.

Contents
Executive summary:.................................................................................................... 1
Overview:................................................................................................................. 3
Outsourcing business activities:...................................................................................... 3
Change management program for transforming existing business architecture with the Outsourcing
program:................................................................................................................... 4
Use of Research Methodologies:..................................................................................... 5
Review of financial sector with the deployment of outsourced program:....................................6
Impact on existing traditional security system with the deployment of outsourcing program:...........7
Data flow for the management of data security of the Aztek organization:..................................8
Threat, vulnerabilities, and consensus Matrix:.....................................................................9
Discussion:.............................................................................................................. 16
Recommendation:..................................................................................................... 17
Conclusion:............................................................................................................. 18
References:............................................................................................................. 18

Overview:
In this paper, we are looking forward for designing the new working platform for the Aztek
organization. The Aztek organization is comprised of some risks in the traditional working
environment. They want to upgrade the system to the new functionality to remain ahead in
the global market. It is recommended for the Aztek organization to transform their working
culture with the outsourcing of the activities with the inclusion of the third party to carry out
their business operations. The IT operations can be outsourced for increasing the
functionality of the business operations of Aztek organization. The functionality of the
outsourcing helps in increasing the cooperation and coordination between the business
processes. Different methodologies are used for analysing security issues deployed in the new
method of outsourcing. The outsourcing activities are used for reviewing the financial
statement of the enterprise.
Outsourcing business activities:
The strategic decision making capability of the project owner can be improved with the
inclusion of outsourcing of business functionalities. The knowledge domain is used for
analysing the development cost of the project for determining the baseline of the project. The
processes which are involved in the outsourcing of business activities to the third party are
categorised as management of helpdesk processes, management of the data storage and
associated application. The continuous procurement process can be undertaken for the
deployment of outsourcing program for increasing the benefit of Aztek enterprise. The
formulation of the communication program can helps increasing the processing of the
business operation. The integration of the business operation helps in changing the
capabilities of the Aztek organization. The outsourcing program is recommended for the
following factors:
 The resources and associated business operation are used for reducing the budget
integrated with the business activities.
 The investment of the processes should be evenly distributed.
 The supply and demand can be evenly distributed for managing the business operation
on the outsourced program