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Risk Management Assignment - Cloud Services

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Added on  2019-09-20

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Running Head: Risk ManagementRISK MANAGEMENTCobWeb
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Risk Management1IntroductionCobweb is considered as a famous cloud services expert and also consider the largest hosted exchange provider of the Europe. It was situated in 1996. In this paper, we will study the securityproblems of the organization. This will help us in determining proper solution to avoid these security problems. Its wide experience is empowering the different organizations to grow their business with high-level flexibility by best-of-breed cloud technologies. It was the first organization of the Europe dealing in the Microsoft Cloud Solution Provider program. It is mainly dealing with Microsoft office 365, Microsoft Dynamics CRM, Email Encryption, Professional consulting, Microsoft Enterprise Mobility Suite, and Email Archiving.Security Problems of CobWebCobWeb is facing different types of security problem. Some of them are following:Physical break-ins: It brings greater risk to the physical security of the organization than hackers. Due to the break-in employees of the organization leave the office and move on to other competitor’s organization (Alhawari, 2012). On the other hand, physical break-ins lost the important data which may fall into the wrong hands and can misuse by the others. The homepage of the CobWeb was hacked recently: Hacking brings serious problems forthe working of the organization. The homepage of the organization is recently hacked dueto which sensitive information of the organization leaked. This will damage the credit ratings of the organization from different consumer agencies (Whitman, 2013). Data loss due to large employee negligence: Loss of necessary data due to the employee negligence brings serious problem in the success of the organization. In the absence of
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Risk Management2necessary data, they cannot proceed further which will bring big monetary loss to the organization. The network administrator of the organization complains that the organization permits free access to anything on the network for everyone who asks for it: Due to this offer of the organization, everyone can access to the website of the organization (Stoneburner, 2013). In such case hacking chances are more which ultimately influence the performance of the organization in a negative context.Vulnerability Assessment MatrixHazardRisk ControlRankHackingInstall firewall to computerDelete emails from different unknown sourcesChange password213Data LossInstall protection from anti-virusUpdate the programsRegularly backup132Virus attackInstall real-time anti-spyware protectionPerform daily scan activityUse of hardware-based 132
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