ISEC2001: Fundamental Concepts of Data Security - Change Management and Control Policy - IT/Computer Science Assignment Help

Assignment Task:

Question 1: Risk analysis is an integral part of the process of developing a security system. What is risk analysis used for and how does it influence the overall security system?

Question 2: An important step in risk analysis is to determine the value of an asset. Give five (5) different questions you think might help with the task of determining the asset value.

Question 3: Give two (2) examples of intangible assets and explain why it is often more difficult to determine the value of an intangible asset than a tangible one. Question 4: A backup data centre is located in a remote area. It has been determined that in the event of a severe cyclone, which happened twice in the last 40 years, the backup data centre suffers 50% damage. The cost to rebuild the centre is currently $1 million. What is the single loss expectancy for the centre suffering from such a severe cyclone? What is the annualised loss expectancy? If the insurance premium for such events is $10,000 per annum, would it be wise to consider insuring the centre to address the risk? Explain your reasoning.

Question 5: Consider the following risk analysis of a software company

Question 6: A recent security audit at an organisation has revealed that the processor of an important internal server has a critical design flaw that could be exploited to reveal confidential system information. This is a hardware vulnerability and there are no current fixes. It is also determined that it is not cost effective to upgrade to a new server and the current server must continue its operation to serve users within the organisation. The organisation needs to address this particular risk immediately. Identify two (2) strategies that can be used to address the risk. For each strategy, give an example and briefly explain how it helps.

Question 7: List and briefly describe five sections which are usually found in a policy. Updated August 21, 2019 Fundamental Concepts of Data Security ISEC2001 Business Continuity 

Question 8: Describe an example wherein unmanaged changes to IT systems and networks can increase risk to enterprises. Describe how the risk can be minimized if changes are managed carefully.

Question 9: Describe how you would measure the success of a change management program?

Question 10: What are the basic elements that you can expect to see in a change management and control policy. Briefly describe each of them.

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