Assessment item 5 - Security, Privacy and Resilience strategy

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In today’s digital age, businesses face numerous security, privacy and resilience challenges that require effective planning and strategies to protect their operations and data. A comprehensive security, privacy, and resilience strategy can help companies mitigate risks, maintain customer trust, and ensure business continuity in the face of adverse events.

Therefore, it is essential for businesses to prioritize the development and implementation of these strategies to safeguard their operations and reputation. If you need an assignment helper in developing a security, privacy, and resilience strategy for your business, please visit mastersassignmenthelp.com.

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Assessment item 5 - Security, Privacy and Resilience strategy | Homework Help

Value: 20%

Due Date: 18-Oct-2021

Return Date: 09-Nov-2021

Group Assessment: No

Submission method options: Alternative submission method

TASK

Read the DR Alarms case study in the Resources section of Interact 2 before attempting this assignment.

Scenario

DR Alarms has been expanding because of the market success of its alarm and monitoring products. In order to keep up with the increasing demand, the company has established a manufacturing plant for its home alarms systems in Hanoi, Vietnam. The completed alarms are shipped to the different sales offices in Australia, New Zealand, Singapore and Germany.

DR Alarms has completed negotiations with an ICS company in Germany. This company is now its sales agent for the entire European Union.

The company has considered whether to provide monitoring services to end-users of its products. An early report to DR Alarms indicated that its use of the AWS Cloud infrastructure gives it a significant advantage as it could monitor systems in many different countries using AWS Edge locations. The company realised that this now gives it a strategic advantage over its European and Asian competitors and has decided to start offering end-user monitoring from the end of 2021 in Australia.

They plan to extend these monitoring services to a new country every three (3) months, beginning with New Zealand in early 2022.  Dr Alarms will also capture configuration, location and type of use data on each device deployed under its monitoring system. This data will be provided to end-user customers, but will also be used by DR Alarms to help improve their product range.

The MD of DR Alarms has considered the analysis report provided on potential strategic options for data protection and privacy loss prevention. He now wants a to develop a security strategy that will provide for:

  • Data protection across the company and its different storage sites in AWS and their on-premise data centre.
  • Privacy loss protection across the company and its different storage sites in AWS and their on-premise data centre with an emphasis on ensuring that they comply with all relevant privacy regulations in each country where they operate or provide services.
  • Data sovereignty protection for their IoT and ICS design data.
  • Data resilience for all data.

Tasks

You have again been engaged by DR Alarms to develop their strategy for data protection, privacy loss prevention and data resilience.

You are to provide a report to DR Alarms that:

  1. Outlines the strategy, with reasoning, for Data Protection across the company and the different data storage sites used by DR Alarms.  (25 marks)
  2. Outlines the strategy, with reasoning, for Privacy Loss Prevention across the company and the different data storage sites used by DR Alarms. This strategy must also ensure that DR Alarms complies with the relevant privacy legislation for each country where they operate. (25 marks)
  3. Outlines the strategy, with reasoning, for data sovereignty for the DR Alarms IoT and ICS design data.  (25 marks)
  4. Outlines the strategy, with reasoning, for Data Resilience for all data in the different data storage sites used by DR Alarms. (25 marks)

Presentation

Your report should use the following heading structure:

  • Data Protection Strategy
  • Privacy Loss Prevention Strategy
  • Data Sovereignty Strategy
  • Data Resilience Strategy

Your report should be about 4,000 words.

Referencing is required in APA 7th ed. Format.

Your report should not use any template developed by a Government Department or Agency. References to the Australian Government’s Information Security Manual or the Protective Security Policy Framework are not permitted.

REQUIREMENTS

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Assessment tasks that are NOT completed through the Subject site need to be submitted electronically via Turnitin site by the due date. Turnitin class details for this subject will be given by your lecturer.

Unless advised otherwise, all Turnitin submissions are due by midnight (AEST) of the date specified. Please note that the time and the date of your Turnitin submission will be used to determine your official submission time.

All textual elements within an assessment must be submitted in a format that is readable by Turnitin.  Specific exceptions, where an assessment requires the insertion of image-based evidence of workings will be outlined in the context of the assessment. Students that deliberately attempt to insert the content of assessments in a format that is not readable by Turnitin may be subject to Academic misconduct investigations.

Additional Submission Information:

It is recommended that your namestudent ID and page number are included in the header or footer of every page of any assignment. You are also required to rename your assignment file before you submit via Turnitin as per below protocol:

SUBJECT CODE, SI/SMI, SURNAME, STUDENT ID, ASSESSMENT NUMBER, SESSION.

Security, Privacy, and Resilience Strategy for Business - Mastering the Essentials

Security, privacy, and resilience are key factors that businesses should consider when developing strategies to protect their operations and data. A strong security, privacy, and resilience strategy can help companies mitigate risks, safeguard their reputation, and maintain customer trust. We will explore the essentials of a security, privacy, and resilience strategy for businesses.

The Importance of Security, Privacy, and Resilience Strategy

Security, privacy, and resilience are critical components of a business’s overall risk management plan. Without proper security measures in place, companies are vulnerable to a range of threats, including cyberattacks, data breaches, and theft. A privacy breach can also result in the loss of customer trust, reputation damage, and legal liabilities. Resilience, on the other hand, is the ability of a business to recover from an adverse event, such as a natural disaster or cyberattack. A strong resilience strategy can minimize the impact of such events on the business and ensure business continuity.

Essentials of a Security, Privacy, and Resilience Strategy

Risk Assessment

Businesses should start by conducting a risk assessment to identify potential threats and vulnerabilities. This should include a review of all business operations, systems, and data to identify areas of weakness.

Incident Response Plan

Businesses should develop an incident response plan to prepare for and respond to potential security breaches or privacy incidents. This plan should include procedures for reporting, containing, and recovering from an incident.

Security Controls

Once potential risks have been identified, businesses should implement security controls to mitigate these risks. This may include measures such as access controls, encryption, firewalls, and intrusion detection systems.

Assessment item 5

Business Continuity Plan

A business continuity plan is essential for ensuring that critical business operations can continue in the event of a disruption. This plan should include procedures for restoring IT systems and data, as well as procedures for communicating with customers, suppliers, and employees.

Privacy Policies

Businesses should develop and implement privacy policies to safeguard customer information. These policies should include guidelines for collecting, storing, and using customer data and should comply with relevant data protection regulations.

Security, Privacy, and Resilience Strategy for MastersAssignmentHelp.com

MastersAssignmentHelp.com understands the importance of ensuring the security and privacy of its users’ information. To achieve this, we have implemented a comprehensive security, privacy, and resilience strategy that helps to protect our website and our users from potential security breaches, data loss, and other cyber threats.

Here are the key elements of our strategy

Robust Information Security Controls

We have implemented stringent information security controls to protect our website from cyber-attacks, malware, and other security threats. We regularly review and update our security controls to ensure they are effective against the latest threats.

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Data Privacy

MastersAssignmentHelp.com is committed to protecting the privacy of our users’ data. We have implemented strict data privacy policies that comply with international data protection regulations, such as GDPR and CCPA.

Secure Communication

We use SSL encryption to secure all communication between our website and our users. This ensures that all sensitive data transmitted between our servers and our users’ devices are encrypted and protected from eavesdropping.

Regular Backups

We perform regular backups of all our data to ensure that we can quickly recover in case of a data loss event. We store our backups in secure, offsite locations to ensure that they are protected from physical threats such as fires and floods.

Resilience Planning

We have developed comprehensive resilience plans that outline our response to potential cybersecurity threats and data loss events. Our plans include procedures for disaster recovery, business continuity, and incident response.

Regular Security Audits

We conduct regular security audits to identify and address potential vulnerabilities and security weaknesses in our system. This helps us stay ahead of emerging threats and ensure that our security controls are effective.

Access Controls

We implement access controls to ensure that only authorized personnel can access sensitive data and systems. We also ensure that our users have access only to the information that they need to perform their tasks, and nothing more.

Employee Training

We provide regular training to our employees on cybersecurity best practices, data privacy, and resilience planning. This helps to ensure that all staff members are aware of the importance of security and privacy and are equipped to respond to potential threats.

Third-Party Vetting

We vet our third-party service providers to ensure that they meet our security and privacy standards. We also require them to sign data protection agreements and adhere to our policies and procedures.

Incident Response

In the event of a security breach or data loss event, we have a well-defined incident response plan that outlines our response procedures. This helps to minimize the impact of the incident and ensure that we can recover quickly.

Online Assessment Help – our security, privacy, and resilience strategy is based on robust information security controls, strict data privacy policies, regular backups, resilience planning, regular security audits, access controls, employee training, third-party vetting, and incident response procedures. By implementing these measures, we aim to provide a secure, private, and resilient platform for our users, while ensuring compliance with international data protection regulations.

Some Frequently Asked Questions Related To Security, Privacy, and Resilience Strategy Assignment Help

We use SSL encryption to secure all communication between our website and our users. We have implemented strict data privacy policies that comply with international data protection regulations, such as GDPR and CCPA. We also implement access controls to ensure that only authorized personnel can access sensitive data and systems.

We perform regular backups of all our data to ensure that we can quickly recover in case of a data loss event. The frequency of our backups depends on the volume and criticality of the data. We store our backups in secure, offsite locations to ensure that they are protected from physical threats such as fires and floods.

We have a well-defined incident response plan that outlines our response procedures. Our plan includes procedures for disaster recovery, business continuity, and incident response. We aim to minimize the impact of the incident and ensure that we can recover quickly.

We do not share our users’ personal information with third parties unless required by law or authorized by the user. We vet our third-party service providers to ensure that they meet our security and privacy standards. We also require them to sign data protection agreements and adhere to our policies and procedures.

We provide regular training to our employees on cybersecurity best practices, data privacy, and resilience planning. This helps to ensure that all staff members are aware of the importance of security and privacy and are equipped to respond to potential threats.

We conduct regular security audits to identify and address potential vulnerabilities and security weaknesses in our system. Our audits include penetration testing, vulnerability assessments, and security control reviews.

We hope these answers help, but if you have any additional questions or concerns, please feel free to contact us at any time.
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