Risk Management Essay

Business Finance

Essay

Deliverables: Minimum 3-page paper

Step 1:
Research the Internet, books, journals, etc. about potential risks related to hackers and protecting sensitive information from theft in small businesses. Write an introductory paragraph about the importance for small businesses to protect sensitive information from Internet hackers and thieves.

Continue to research the online library and the Internet to make a list of potential risks related to hackers and protecting sensitive information and identity theft in small businesses.

Step 2: Write a 3-page essay:

  • Provide a list for each of the identified potential security risks (6 or more).
  • Provide a narrative for each of the identified Internet security risks with a description how the security risk operates.
  • Provide a best practice preventive measure narrative for each of the Internet security risks identified with a description how the preventive measures will minimize the security risks.
  • Consider the trend for small businesses taking advantage of Cloud computing resources and answer whether you think Cloud computing is more or less secure; why or why not?

Step 3: For the conclusion paragraph summarize what you have learned about the potential risks related to hackers and protecting sensitive information from theft in small businesses by deploying best practice measures to minimize Internet security risks.

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