Discussion: Effective Risk Management

Topic Statement

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Every risk management process has to be designed to fit its particular environment and the overall operating circumstances of the organization. The definition of roles and responsibilities is a critical step in developing the risk management function since that definition ties personnel and financial resources to the activities that will be performed.

Discuss
How would an Information Systems Risk Management plan for a publicly-held International multi-billion dollar organization differ from a privately held law firm?

Post and Engage
After posting your response, review your classmates’ posts and make a thoughtful and substantive response to at least two others.

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Solution Preview

The use of Risk Management is essential to being able to proficiently and efficiently generate a secure computing environment. Unluckily, it is still a difficult area for information specialist due to the speed of change in technology. An information system organization may have different risk managements plan compared to a law company (Stoneburner, 2003).

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