Reference no: EM133236834

Risk Management Roles

Introduction:

Risk management is critical to protect organizational assets and to ensure compliance with laws and regulations. Many individuals and departments in organizations are involved in risk management; this is especially true when creating a risk management plan.

You, as an employee of YieldMore, are asked to list a risk management plan for the organization.

Scenario:

In order to help protect the company and ensure it maintains compliance with laws and regulations, senior management at YieldMore has decided to develop a formal risk management plan.

As an employee of YieldMore, your team has been given the task of creating a risk management plan for the organization.

Tasks:

Find (3-5) examples of each.

• Senior Management
  • Responsible for all organizational risks, including information tech (IT)
  • Develop strategic initiatives associated with risk and risk management
  • ensures necessary resources are applied effectively
  • assign and manages risk management responsibilities throughout the organization
  • assess and incorporates result of risk assessment into decision making
• IT Management
• System and Information Owners
• Functional Management
• Information Security
• Security Awareness Trainers
• Users (employees, guests)