Risks and Investigations Techniques in Organizations
Please prepare main discussion for below topic
The readings this week discuss the broad context of risk and investigative forensics. Part of risk management is to understand when things go wrong, we need to be able to investigate and report our findings to management. Using this research, or other research you have uncovered discuss in detail how risk and investigate techniques could work to help the organization. ERM helps to protect an organization before an attack, where as forensics investigate technique will help us after an attack – so lets discus both this week.
Please make your initial post and two response posts substantive. A substantive post will do at least TWO of the following:
- Ask an interesting, thoughtful question pertaining to the topic
- Answer a question (in detail) posted by another student or the instructor
- Provide extensive additional information on the topic
- Explain, define, or analyze the topic in detail
- Share an applicable personal experience
- Provide an outside source (for example, an article from the UC Library) that applies to the topic, along with additional information about the topic or the source (please cite properly in APA 7)
- Make an argument concerning the topic.
Example reasearch paper:
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Chen, J. & Zhu, Q. (2019). Interdependent Strategic Security Risk Management With Bounded Rationality in the Internet of Things. IEEE Transactions on Information Forensics and Security, 14(11), 2958-2971.
Borek, A. (2014). Total Information Risk Management: Maximizing the Value of Data and Information Assets (Vol. First edition). Amsterdam: Morgan Kaufmann
Answer previewRisk is considered a potential hazard that may affect organizational projects and goals in terms of quality, time, and cost. Risk management refers to a rational and structured approach to contextualizing, defining, assessing, treating, evaluating, tracking, and communicating risks associated with any operation in a manner that enables organizations to reduce losses and optimize opportunities (Boerek & Zhu, 2014). However, Enterprise Risk Management entails the strategy developed by an organization that facilitates identifying, assessing, and preparing potential dangers, hazards, and other disasters that may affect the organizational goals and objectives.
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