This document presents a comprehensive solution to an Information Security Policy Management assignment. The solution addresses three key areas: the development of a disaster recovery plan for personal assets in the event of a home loss, an analysis of outsourcing as a risk transfer mechanism, specifically examining cloud computing providers like Microsoft Azure and their liability concerning data breaches, and a comparison of the risk assessment models of ISO 27005 and NIST 800-39. The disaster recovery plan outlines steps for inventorying IT assets, assessing risks, determining application criticality, establishing recovery objectives, and documenting the plan. The outsourcing section discusses risk transfer, the responsibilities of cloud providers in safeguarding client data, and the provisions in Microsoft Azure's privacy statement. Finally, the document briefly contrasts the risk handling processes within ISO 27005 and NIST 800-39.