Information Security And Risk Management

Project: Risk Management Plan© 2015 by Jones & Bartlett Learning, LLC, an Ascend Learning Company. All rights reserved. www.jblearning.com Page 1PurposeThis project provides an opportunity to apply the competencies gained in the lessons of this course todevelop a risk management plan for a fictitious organization to replace its outdated plan.Learning Objectives and OutcomesYou will gain an overall understanding of risk management, its importance, and critical processesrequired when developing a formal risk management plan for an organization.Required Source Information and ToolsWeb References: Links to Web references in this document and related materials are subject to changewithout prior notice. These links were last verified on April 19, 2015.The following tools and resources that will be needed to complete this project:▪ Course textbook▪ Internet access for researchDeliverablesAs discussed in this course, risk management is an important process for all organizations. This isparticularly true in information systems, which provides critical support for organizational missions. Theheart of risk management is a formal risk management plan. The project activities described in thisdocument allow you to fulfill the role of an employee participating in the risk management process in aspecific business situation.The project is structured as follows:Project Part DeliverableProject Part 1 Task 1: Risk Management Plan – Due 08/2019 @ 11:59PMSubmission RequirementsAll project submissions should follow this format:▪ Format: Microsoft Word or compatible▪ Font: Arial, 10-point, double-space▪ Citation Style: Your school’s preferred style guideScenarioProject: Risk Management Plan© 2015 by Jones & Bartlett Learning, LLC, an Ascend Learning Company. All rights reserved. www.jblearning.com Page 2You are an information technology (IT) intern working for Health Network, Inc. (Health Network), afictitious health services organization headquartered in Minneapolis, Minnesota. Health Networkhas over 600 employees throughout the organization and generates $500 million USD in annualrevenue. The company has two additional locations in Portland, Oregon and Arlington, Virginia,which support a mix of corporate operations. Each corporate facility is located near a co-locationdata center, where production systems are located and managed by third-party data centerhosting vendors.Company ProductsHealth Network has three main products: HNetExchange, HNetPay, and HNetConnect.HNetExchange is the primary source of revenue for the company. The service handles secure electronicmedical messages that originate from its customers, such as large hospitals, which are then routed toreceiving customers such as clinics.HNetPay is a Web portal used by many of the company’s HNetExchange customers to support themanagement of secure payments and billing. The HNetPay Web portal, hosted at Health Networkproduction sites, accepts various forms of payments and interacts with credit-card processingorganizations much like a Web commerce shopping cart.HNetConnect is an online directory that lists doctors, clinics, and other medical facilities to allow HealthNetwork customers to find the right type of care at the right locations. It contains doctors’ personalinformation, work addresses, medical certifications, and types of services that the doctors and clinicsoffer. Doctors are given credentials and are able to update the information in their profile. Health Networkcustomers, which are the hospitals and clinics, connect to all three of the company’s products usingHTTPS connections. Doctors and potential patients are able to make payments and update their profilesusing Internet-accessible HTTPS Web sites.NOTE: Any discussion of products not a part of this scenario, such as health insurance products,will result in an automatic 50% reduction in points. Your paper is not a research paper on riskmanagement – it is a risk management plan to a very specific situation and must relate to thescenario, above.Information Technology Infrastructure OverviewHealth Network operates in three production data centers that provide high availability across thecompany’s products. The data centers host about 1,000 production servers, and Health Networkmaintains 650 corporate laptops and company-issued mobile devices for its employees.Project: Risk Management Plan© 2015 by Jones & Bartlett Learning, LLC, an Ascend Learning Company. All rights reserved. www.jblearning.com Page 3Threats IdentifiedUpon review of the current risk management plan, the following threats were identified:• Loss of company data due to hardware being removed from production systems• Loss of company information on lost or stolen company-owned assets, such as mobile devicesand laptops• Loss of customers due to production outages caused by various events, such as naturaldisasters, change management, unstable software, and so on• Internet threats due to company products being accessible on the Internet• Insider threats• Changes in regulatory landscape that may impact operationsManagement RequestSenior management at Health Network has determined that the existing risk management plan for theorganization is out of date and a new risk management plan must be developed. Because of theimportance of risk management to the organization, senior management is committed to and supportiveof the project to develop a new plan. You have been assigned to develop this new plan.Additional threats other than those described previously may be discovered when re-evaluating thecurrent threat landscape during the risk assessment phase.The budget for this project has not been defined due to senior management’s desire to react to any andall material risks that are identified within the new plan. Given the company’s annual revenue, reasonableexpectations can be determined.Project: Risk Management Plan© 2015 by Jones & Bartlett Learning, LLC, an Ascend Learning Company. All rights reserved. www.jblearning.com Page 4Project Part 1Project Part 1 Task 1: Risk Management PlanFor the first part of the assigned project, you must create an initial draft of the final risk managementplan. To do so, you must:You Risk Management Plan will contain the following sections:1. A section titled Introduction discussing the purpose of the plan. You must include details fromthe scenario, above, describing the environment. 10 points.2. A section titled Scope discussing the scope of the plan. 10 points3. A section, titled Compliance s and Regulations. Using the information in the scenarioprovided above, discuss regulations and laws with which Health Network must comply. 30 points4. A section, titled Roles and Responsibilities, that will discuss the different individuals anddepartments who will be responsible for risk management within the organization (this waspresented in your textbook). 20 points5. A section, titled Risk Mitigation Plan, that discusses the threats identified in the scenario andyour proposed mitigations, as well as any new threats.30 points.Write an initial draft of the risk management plan as detailed in the instructions above. Your plan shouldbe made using a standard word processor format compatible with Microsoft Word.Evaluation Criteria and Rubrics▪ Did the student demonstrate an understanding of the competencies covered in the course thusfar?▪ Did the student include all important components of a risk management plan in the outline?▪ Did the student demonstrate good research, reasoning, and decision-making skills in identifyingkey components and compliance laws and regulations?▪ Did the student create a professional, well-developed draft with proper grammar, spelling, andpunctuation?Project: Risk Management Plan