Three Dimensions of Risk Management

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Choose an organization from the education, financial, or healthcare sector to study throughout this course. Each week you explore different aspects within the IT division of the organization including:
3 dimensions of risk management
Potential risks during a server database migration
Risk assessment and continuity plan
Request for proposal for new web servers
Monte Carlo method
You have been asked by the CIO of the organization you chose to create Microsoft®PowerPoint® presentation, along with an accompanying summary guide handout, for the managers of the IT, Accounting/Finance, and Engineering departments to inform them of the three dimensions of risk management.The three dimensions of risk management shape the organizational framework of project risk management and determine the degree of freedom used to classify various realizations of uncertainties, resulting in a formalized systematic analysis of physical systems.Research information about the organization you chose to complete this week’s assignment.Part A:Create a 4- to 6-slide, media-rich Microsoft® PowerPoint® presentation which describes each of the three dimensions, its definition, values, and importance to your company. Identify the potential security risks to an organization in each of the following outsourcing situations:
The implementation of an external service provider for data/security protection
The use of contractual service providers for processing information systems applications such as a payroll, human resources, or sales order taking
The use of an offshore company to support your desktop computers
The use of an third-party governance to provide network support

Sample Solution

Instagram people attempt to create a facade of themselves. A new personality is formed to make them look like something different. They do things they wouldn’t do in the real world and say things they wouldn’t actually say. One may lose trust for others on the internet, but for a person who feels invisible, social media becomes a place to anonymously express themself. This anonymity is used to either voice one’s opinions, thoughts, and feelings to the world without feeling directly criticized, or it is used maliciously towards others. This is the challenge with allowing total anonymity on the internet. It can be used as an outlet for discussion, or for hate.
The vicious cycle of capture, edit, post has detrimental effects on young people. Teenagers are highly affected by the principles embraced by social media. It offers several interpretations of what is beautiful, cute, sexy, and appropriate. A person’s adolescent years are a crucial time for identity formation, and during that time they rely on others to figure out who they are. With the introduction of social media this has become virtualized and as a result the individual may be inclined to compose an altered presentation of themself in order to be admired more by their peers. This newly built self is constructed on the false narrative offered by social media: ideas of what is engaging, tempting, satisfying and alluring. The aspects of one’s true identity which do not fit these concepts may be rejected and put aside which dulls out unique qualities that most see as true beauty.
As we make these detailed profiles around ourselves, making our lives to appear to be flawless, we lose our true selves. We begin to affirm the lies we create and in turn, lose our perception of reality. If you maintain the same lies, eventually you will believe that they are in fact true. And when lies make up our true identity, do we actually have a self and is there really anything more than what’s written on our social media bio?

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