Creating an initial draft of the risk management plan

Assignment Help Operation Management

Reference no: EM132194869

Scenario You are an information technology (IT) intern working for Health Network, Inc. (Health Network), a fictitious health services organization headquartered in Minneapolis, Minnesota. Health Network has over 600 employees throughout the organization and generates $500 million USD in annual revenue. 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 colocation data center, where production systems are located and managed by third-party data center hosting vendors.

Company Products Health Network has three main products: HNetExchange, HNetPay, and HNetConnect.

HNetExchange is the primary source of revenue for the company. The service handles secure electronic medical messages that originate from its customers, such as large hospitals, which are then routed to receiving customers such as clinics.

HNetPay is a Web portal used by many of the company’s HNetExchange customers to support the management of secure payments and billing. The HNetPay Web portal, hosted at Health Network production sites, accepts various forms of payments and interacts with credit-card processing organizations much like a Web commerce shopping cart. HNetConnect is an online directory that lists doctors, clinics, and other medical facilities to allow Health Network customers to find the right type of care at the right locations. It contains doctors’ personal information, work addresses, medical certifications, and types of services that the doctors and clinics offer. Doctors are given credentials and are able to update the information in their profile. Health Network customers, which are the hospitals and clinics, connect to all three of the company’s products using HTTPS connections. Doctors and potential patients are able to make payments and update their profiles using Internet-accessible HTTPS Web sites.

Information Technology Infrastructure Overview

Health Network operates in three production data centers that provide high availability across the company’s products. The data centers host about 1,000 production servers, and Health Network maintains 650 corporate laptops and company-issued mobile devices for its employees. Threats Identified Upon 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 devices and laptops

Loss of customers due to production outages caused by various events, such as natural disasters, 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 operations Management Request

Senior management at Health Network has determined that the existing risk management plan for the organization is out of date and a new risk management plan must be developed. Because of the importance of risk management to the organization, senior management is committed to and supportive of 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 the current 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 and all material risks that are identified within the new plan. Given the company’s annual revenue, reasonable expectations can be determined.

Project Part 1 Task 2: Risk Assessment Plan After creating an initial draft of the risk management plan, the second part of the assigned project requires you to create a draft of the risk assessment (RA) plan.

Reference no: EM132194869

Questions Cloud

What is your estimate of the inventory holding cost per year : Firm BlueMountain Inc. carries product A as inventory. What is your estimate of the inventory holding cost per year in percentage?

Legitimate power-referent power and expert power : Coercive Power. Reward Power. Legitimate Power. Referent Power. Expert Power.

Managers who use information gained over the course of day : Managers who use information gained over the course of a day (or week) and briefs workers before the workday begins about issues, solutions, etc.

Construct an overall branding statement about yourself : Construct an overall branding statement about yourself. How would others, especially potential employers, look at your brand?

Creating an initial draft of the risk management plan : Scenario You are information technology intern working for Health Network. Risk Assessment Plan After creating an initial draft of the risk management plan,

View regarding the adequacy of the consideration : Discuss the court’s likely view regarding the adequacy of the consideration. Does the agreement written on the napkin constitute a valid contract?

Organization to build high performance organization : What two cash bonuses and/or recognition perks would you implement at your organization to build a high performance organization

Which type of power is most effective : Which type of power is most effective? Which type of power is the least effective? Why?

Some of the most surprising things about germany in business : What are some of the most surprising things about Germany in business?

User Account

All Pages