MIS607 Cybersecurity

For this assessment, you are required to write amitigation plan for threat report based on knowledge you gained about threat types and key factors.. You are required to use the Assessment 2 case as context to write a report to address or alleviate problems faced by the business and to protect the customers. In doing so, you are required to demonstrate your ability to mitigate threat/risks identified in Assessment 2 through the strategy you recommend (STRIDE).

Cybersecurity help organizations to mitigate threats/risks, reduce financial loss and safety violations, decrease unethical behaviour, improve customer satisfaction, and increase efficiency, as well as to maintain these improved results. Threats can be resolved by Risk Acceptance (doing nothing), Risk Transference (pass risk to an externality), Risk Avoidance (removing the feature/component that causes the risk) and Risk Mitigation (decrease the risk). This assessment gives you an opportunity to demonstrate your understanding of cybersecurity and your capability to explain Risk Mitigation strategies for such threats. Mitigations should be chosen according to the appropriate technology and resolution should be decided according to the risk level and cost of mitigation.

1. Read the Assessment 2 Case Scenario again to understand the concepts discussed in the case.

2. Review your subject notes to establish the relevant area of investigation that applies to the case. Re-read any relevant readings that have been recommended in the case area in modules. Plan how you will structure your ideas for the mitigation plan for threat report.

3. The mitigation plan for threat report should address the following:

•   Setting priorities for risks/threats

• Analyse the case in terms of identified risk categories and scenarios

• Apply standard mitigations

• Discuss specific resolutions for improvement, and justify their significance

• Provide recommendations for mitigating risk based on an assessment of risk appetite, risk tolerance and current risk levels (Choose techniques to mitigate the threats)
  
  
• Make recommendations to the CEO on how to conduct risk management, key issues involving your process improvement model, including a road map, the identification of appropriate technologies for the identified techniques, communicating the strategy, and a suggested timeline.