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Risk Management Assignment | Information Technology

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Added on  2020-05-16

Risk Management Assignment | Information Technology

   Added on 2020-05-16

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RISK MANAGEMENT1RISK MANAGEMENTName of the StudentName of the UniversityAuthor Note
Risk Management Assignment | Information Technology_1
RISK MANAGEMENT2Executive summaryThe concept of cloud is playing a dominating role in the sector of Information technology.The main concern that can be applied to the technology is the security of the data. The userswho tend to move towards the concept of cloud wants their data to be very much secured.The data of any organization is a vital part, which has to be kept secured. The organizationshould always focus on the security, which is gained from the movement of the data to thecloud. The data should also be available to the user when the want to access the data. Thereare many issues relating to the security concept of the aspect of the cloud computing due towhich many of the organization does not want to involve into their infrastructure. To achievethe benefit from the concept the user or the organization should be very much clear about theconcept and the constraints they can face with the data.
Risk Management Assignment | Information Technology_2
RISK MANAGEMENT3Table of ContentsIntroduction................................................................................................................................4Threats........................................................................................................................................4Vulnerabilities............................................................................................................................5Consequences.............................................................................................................................5Existing industry risk recommendations....................................................................................6Protection mechanisms for website............................................................................................6Conclusion..................................................................................................................................7References..................................................................................................................................8
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RISK MANAGEMENT4IntroductionThe concept of cloud computing can be applied to different field and areas which arerelated to the concept of information technology. The cloud computing can offer manyadvantages but it can be stated that the failure of the appropriate security related to theinformation makes the service higher in cost with potential loss of business bodies using thetechnology. When any business organization tend to move towards the concept of cloud, theyshould have a clear idea of the benefits, which are related to the security and the risk factors,which are associated with it. There should be a realistic expectation of the implications of theservices of the cloud computing from the providers of the service (Almorsy, Grundy &Müller, 2016).The main aim of the report is to take into consideration the aspect of the cloudsecurity when implemented in business framework. The threats and the vulnerability which isapplied to the concept of cloud computing are mainly discussed in the report. According tothe scenario which is taken into consideration, the IT risk assessment would be done for theGigantic corporation in the technological aspect of cloud computing. ThreatsThere are many types of threats which are associated with the concept of cloudcomputing. Organization before moving towards the concept of should have a clear idea ofthe threats, which are discussed below:Data Breaches: Organization usually store a huge amount of data into the concept ofcloud. This eventually makes it an attractive target from the point of view of the hackers.In some cases when the breach is in the sector of health care data, financial data anddetails of the revenue it can be more devastating. This may lead to incur fines, criminalcharges and face lawsuits.
Risk Management Assignment | Information Technology_4

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