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Principles of Security

   

Added on  2023-01-23

16 Pages3223 Words64 Views
Finance
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Principles of Security
By
Name of Student
Name of Supervisor
Course Affiliated
Date
Principles of Security_1

2
Executive summary
The success of a company depends mostly on the role played by the management. A strong
management team will ensure all workers work accordingly through regular consultation with
staffs. Another critical issue is security issues in the Company, securing the Company data
protocol is essential. The company competitors should not access the company policy and
strategies at any cost. It is necessary for companies to install robust security protocols to
safeguard the company system from cybersecurity threats and other malware that may make the
company lost a lot of resources and customers in the process.
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Table of Contents
Executive summary 2
Introduction 4
Weighted Factor Analysis Technique 5
Risk register 7
Control strategy 9
Summary 11
Reference .....................................................................................................12
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Introduction
Vulnerability is the ability of the company to assess the working environment in terms of work
delivery and profits. It is essential for Companies to identify the weakness and the strength of the
company daily (Gaillard, 2010:2018). Adopting new technology might be a challenge for most
organizations. For this case study, the Company experience with security threats. With a
dynamic increase of clients, the company faces the risks of system failure as a result of the large
number of customers which the company can face a challenge to maintain them. Acquiring
service from other companies to help the company operate is also a risk due to poor control
measure set by the company. The competing company can obtain vital information from the
company and start their branch; this is a significant risk to the survival of the company. There is
no explicit partnership agreement that the company is making with the services providers.
Another threat the company faces is making losses as the company cannot establish a transparent
payment system. Making unclear payment can lead to corruptions and dissatisfaction among the
workers which can lead to a poor working environment (Stephenson, 2010:25).
Another vulnerable risk established is that the company poor management (Kusiak, 2018:408).
Most workers don’t know what they are doing in the company yet they are being paid. It is clear
that most workers don’t have the skills to work in the company; thus they don’t take an active
involvement in the running of the business. The company has failed to provide a clear role that
each in the company is supposed to do. There is poor integration of the Company database that
will control all the company process; with an overwhelming increase in the number of customers
the system could not manage all clients well.
Principles of Security_4

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