|FINAL TEAM PROJECT DRAFT||MGD 426
Risk Management for Digital Industries
A 4th year course at the University of Toronto at Mississauga
"A contingency plan is an
outline of procedures to follow in case of a major event, such as a server
crash or building fire.
A contingency plan is a written way of saying, that should a problem arise, you have thought of ways to prevent the loss of vital information or reduce the impact to your business."
"Contingency planning aims
to prepare an organization to respond well to an emergency and its potential
Developing a contingency plan involves
Contingency Plan for an enterprise
in the digital sector
presuming you thoroughly read
- you can pick a company or enterprise in the GTA (which means you probably can talk to someone there)
- or you can do a company or enterprise outside the GTA or outside Canada
Take time to pick a good
company - picking a good company allows you to talk about many components
of a contingency plan and demonstrate the breadth of your problem solving.
Briefly describe the business sector within which this enterprise operates (meaning, auto, real estate, tourism)
What are some of the basic TRVs (Threats, Risks, Vulnerabilities) of enterprises in that sector?
banking - identity theft, fraud, and financial scam
What am I protecting / defending against,
What are the specific risks - since you probably don't have access to confidential information from your selected company you have to make "inferences" based on observations about their product line-up and/or services vended.
identifying specific risks can be very complicated and is affected by considering "what is going to potentially happen".
Asset: something worth something
What and Who.
What are we going to do about it?
How much am I willing to spend to protect these assets
Sources referred to on this
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