Risk management strategy for e-commerce company

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Reference no: EM132705196

Project 3 -Risk Management Strategy for an e-Commerce Company

Description

For this project, you will build upon the e-Commerce Risk Analysis performed in Project #2. For this project, you will construct a risk management strategy for your selected company which includes specific cybersecurity activities (as defined in the NIST Cybersecurity Framework Core) which will help the company mitigate the identified risks. Your strategy will include an "acquisition forecast" in which you identify and discuss the technologies, products, and services required to implement your recommended risk management strategy. (Note: you must use the same company as used in Project #2. You may expand upon your risk analysis if necessary.)

Develop an Executive Summary

Since this is a separate deliverable, you will need to begin by identifying the selected company and providing an executive summary of the e-Commerce Risk Analysis that you presented in Project #2.

Develop and Document theRisk Mitigation Strategy

For this section of your project, you must identify and document a risk mitigation strategy for 10 separate risks. Your risk mitigation strategies must utilize at least three (3) of the five (5) NIST Cybersecurity Framework (CSF) Core Functions.

1. Begin by copying Table 1 from this file into a new file (for your assignment submission). This table will become your Risk Profile Table. (Delete the example text.)

2. Next, convert your list of risk factors (from Project #2) into a "Risk Profile" Each risk factor should be listed as a separate risk item with its own row in your Risk Profile.(Add a row to your table for each identified risk - one per row). For this step, you will fill in the information for the first two columns (Risk ID and Risk).

3. Next, consult the NIST Cybersecurity Framework (see Table 2: Framework Core) to identify the cybersecurity activities which can be used to control / mitigate the identified risks. Add this information to each row in your table. Note: you should paraphrase the information for the "Risk Mitigation Strategy (description)" column and the "Implementation: Required Technologies, Products, or Services" column.

4. Complete the final two columns of the table by entering the exact function, category, and sub-category identifiers and descriptions as listed in NIST CSF Table 2. See the example below.

Attachment:- Project 3 - Risk Management Strategy.rar

Reference no: EM132705196

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