Risk-managemnt policy Case Study Example | Topics and Well Written Essays - 500 words

Risk-managemnt policy - Case Study ExampleAnother breach that the organization endured during the course of its trading operations was an inside job where personal info was stolen. This was achieved through the weak access-control policies that are utilized within the organization which allowed unaccredited individual access to valuable data (Case Study). This paper dwells on ascertaining whether the policy implemented will be effective in ensuring that the customer and organizations information is adequately secured from future trade protection breaches.This policy will be important because it will help in restoring the customers confidence in the organizations handling of their confidential data and fiscal assets. It is also vital since it provides authority and accountability to specific people concerning the authority of disclosing or sharing the information in the organization. According to Calder, Watkins & Watkins, the organizations governing body has to flow powers along with the necessary authority to a system administrator who will be the only person who can access the organizations data. The protective cover on the organizations customers confidential information will be enforced through the use of passwords which will remain know only to their systems administrator (2010). In addition, the systems administrator within the organization will be solely responsible for disclosing any information to any authorized effect who may require it. To enhance the datas security further, the system administrator will be required to utilize several data encryption techniques. This will include encryption techniques like the creation of block ciphers, feistel cipher structures and the utilization of other advanced encryption standards. These techniques will help in ensuring that unauthorized people within the organization cannot interpret the meaning of the data. This will further prevent them from