Risk Management week 5
amemon
Week5.docxRisk Management Framework Assessment
PURPOSE OF ASSIGNMENT
Analyze risk response options and how to align choices with business objectives. Assess risk response standards and frameworks to develop risk response actions that bring risk in line with the defined risk tolerance of the organization as cost-effectively as possible, not to eliminate or minimize the risk at all costs.
ASSIGNMENT DESCRIPTION
Students will analyze the cyber vulnerability assessment results from week 4 using either the NIST RMF or ISACA Risk IT Framework. For each of the assets, the student will make a recommendation to management on how the organization should respond to mitigate the risk (Avoidance, Mitigation, Sharing, and Acceptance).
Please include in your analysis:
1. Justify your decision with a cost benefit analysis summary (both of the response and of the potential cost of not responding).
1. Provide summary details of the response option.
1. Include organizational context, associated mission, risk tolerance and simple case of implementation
Please keep your analysis to no more than 1-2 pages. Please use size 11 font, double spaced.
FORMATTING REQUIREMENTS
Refer to the UCOL Format and Style Requirements on the Course Homepage, and be sure to properly cite your sources using Turabian Author-Date style citations. (Links to an external site.)Links to an external site.
Rubric
ICT-4215 Assignment Rubric 2 (3)
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ICT-4215 Assignment Rubric 2 (3) |
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Criteria |
Ratings |
Pts |
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This criterion is linked to a Learning OutcomeContent and Assignment tasks completed |
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15.0 pts |
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This criterion is linked to a Learning OutcomeWriting & logic (communicates purposefully, solid narrative flow) |
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5.0 pts |
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This criterion is linked to a Learning OutcomeGrammar and Citation (error-free, follows assignment guidelines, and Turabian) |
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5.0 pts |
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Total Points: 25.0
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