Security of Intellectual Property for PIA

Running head: SECURITY OF THE INTELLECTUAL PROPERTY FOR PIA
SECURITY OF THE INTELLECTUAL PROPERTY FOR PIA
Name of the Student
Name of the University
Author Note

1SECURITY OF THE INTELLECTUAL PROPERTY FOR PIA
Table of Contents
Part A:........................................................................................................................................2
Introduction:...............................................................................................................................2
The benefits derived from seeing Security Management as an ongoing process...................2
The development of a security policy and security management plan:..................................3
Identification and description of the functions, tasks, roles and responsibilities...................4
Various roles and responsibilities for the Security Management Program for PIA...............5
The roles of different individuals/groups would play in terms of governance in general......6
Proposed models for the development of a Security Management Program.........................7
The implications of legal and statutory requirements............................................................8
The benefits that formal approach would bring:.................................................................8
Part B:.........................................................................................................................................9
The benefits a Risk Management Plan...................................................................................9
The steps necessary to build one:...........................................................................................9
Importance of contingency planning for PIA:........................................................................9
Cost benefit analysis:............................................................................................................11
Bibliography:............................................................................................................................12
Appendix:.................................................................................................................................14
Identification of Assets:........................................................................................................14
Identification of threats/vulnerabilities:...............................................................................14

2SECURITY OF THE INTELLECTUAL PROPERTY FOR PIA
Part A:
Executive summary
The purpose of the report is to develop a proper security policy and an effective security
management program to ensure that intellectual property which is important for PIA has
proper security measures. The report defines various roles and responsibilities required for
implementing the security policy and the security management program. It is identified that
PIA has only trade secret for protecting their intellectual property, which is not applicable if it
is stolen and someone else implements the design and algorithm. Therefore, PIA should opt
for patent for their intellectual property even though it is costly, but provides enhanced
security for protecting the intellectual property and hence PIA should consider patent for their
intellectual property instead of trade secret.
Introduction:
The report discusses various issues and methods for protecting intellectual property
which is important for PIA. This report discusses about benefits of a Security management
plan and describes methods for developing a proper security management program. It also
describes Functions, tasks, roles and responsibilities that need to be defined for the Security
Management Program along The roles of different individuals/groups would play in terms of
governance in general. The report also discusses about model for developing security
management program for PIA for protecting intellectual property.
The benefits derived from seeing Security Management as an ongoing process
The advancement of Technology has significantly influenced organisational activities
and business process. Due to advancement in technology digitalization has become an
important part of organisational policy. The way data is stored, accessed and shared for

3SECURITY OF THE INTELLECTUAL PROPERTY FOR PIA
business purposes has changed significantly. Although it has increased efficiency and profit it
has various security threats as well. Hence it is important to develop proper security plan for
addressing security issues (AlHogail 2015). However, it is important to identify that hackers
and cyber-criminals are becoming smart and they are deploying new tools and techniques for
exploiting Organisational security. The type of security threats for organisations exchanging
significantly, hence it is not enough to develop security policies and security measurement for
one type of security threats because the type of security threats exchanging significantly.
Hence it is required to consider cyber security as an ongoing process. Organisations which
considered cybersecurity as an ongoing process are successful in bringing new and improved
cybersecurity measures that are consistent with cybersecurity threats (Baldwin and Henkel
2015). Hence this type of organisations is much more efficient in protecting their digital
assets due to innovation in security measurements. Therefore it is important for organisations
to consider cybersecurity as an ongoing process because it helps in protecting digital assets
including digital data that are important for business and organisational security and its
success as well. When organisations do not consider cyber security as an ongoing process
there is a lack of innovation in security techniques which compromises the overall security of
the organisation due to increased vulnerability to organisational assets which include digital
assets as well.
The development of a security policy and security management plan:
Security policy:
In order to develop an effective security policy fast, an internal audit will be
conducted for detailed security assessment within the organisation. this will help identify
what are the type of assets that Organisation deal in, what are the existing security measures
that the organisation has which assets are more vulnerable and which assets need enhanced