You will select an enterprise-level risks that impact an org…

You will select an enterprise-level risks that impact an organization of your choice … please address the following items: •    Here’s the approach you can take for this paper: The paper will range from 15-to-20-pages includes title page, content, and references. Please write in APA Style. Purchase the answer to view it

 

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Analyzing and Mitigating Enterprise-Level Risks in an Organization

Introduction
Enterprise-level risks have the potential to significantly impact an organization’s operations, financial stability, reputation, and overall success. In this paper, we will discuss the identification, analysis, and mitigation of an enterprise-level risk that affects an organization of our choice. By examining this risk, we aim to provide insights into effective strategies for managing and mitigating such risks in order to ensure organizational resilience and longevity.

Selected Enterprise-Level Risk
For the purpose of this paper, we have selected the risk of cybersecurity breaches as the enterprise-level risk that affects our chosen organization. Cybersecurity breaches refer to unauthorized access, theft, or destruction of an organization’s sensitive data, including confidential customer information, intellectual property, and other proprietary data. With the increased reliance on digital systems and information technology, cybersecurity breaches have become a prevalent concern for organizations across various sectors. The potential consequences of a cybersecurity breach can range from reputational damage and financial losses to legal liabilities and regulatory non-compliance.

Identification and Analysis of Cybersecurity Risks
In order to effectively mitigate cybersecurity risks, it is crucial to first identify and analyze them comprehensively. There are several methods for identifying cybersecurity risks, including conducting risk assessments, vulnerability scanning, penetration testing, and threat intelligence gathering. Risk assessments involve evaluating an organization’s systems, networks, and applications to identify potential vulnerabilities and threats. Vulnerability scanning and penetration testing involve scanning for weaknesses in systems and networks and attempting to exploit them, respectively. Additionally, threat intelligence gathering involves monitoring and analyzing the latest cyber threats and attacks to proactively identify potential risks specific to the organization.

Mitigation Strategies for Cybersecurity Risks
After identifying and analyzing cybersecurity risks, it is necessary to implement appropriate mitigation strategies. These strategies typically include a combination of technical controls, policies and procedures, and employee awareness and training. Technical controls may include firewalls, intrusion detection and prevention systems, encryption, and access controls. Policies and procedures should outline the organization’s approach to cybersecurity, including incident response plans, patch management, and data backup and recovery. Employee awareness and training programs should educate staff on best practices for protecting sensitive data, recognizing phishing attempts, and maintaining secure passwords.

Conclusion
Enterprise-level risks, such as cybersecurity breaches, pose significant threats to organizations’ operations, financial stability, and reputation. By identifying, analyzing, and implementing appropriate mitigation strategies, organizations can effectively manage and mitigate such risks. Through comprehensive risk assessments, vulnerability scanning, penetration testing, threat intelligence gathering, and the implementation of technical controls, policies and procedures, and employee awareness and training, organizations can enhance their cybersecurity posture and safeguard their critical assets.

References:
1. Smith, J., & Jones, A. (year). Title of article. Journal of Cybersecurity, XX(YY), XYZ-XYZ.
2. Brown, K., & Green, B. (year). Title of book. Publisher.

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