Risk Management Background Check for Essay

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While online purchases do increase in importance and popularity, it has to be noted that customers across the globe still perceive online operations as unsafe. If the company proves their fears are entitled, it risks losing their trust and their purchases. In other words, it is absolutely necessary to resolve the problems of the system weaknesses and the risks of information leakage.

In order to address the problem identified, the security team would assess the strength and capability of the data storage system. Also, it would assess the access to the data storage unit. Third, it would look at encoding controls and assess the encoding process and shortages. At a more specific level, the following actions would be recommended:

The evaluation of the data storage unit by the identification of the specific location where data is stores, as well as the specific means in which data is stored

The search for and identification of the weak spots within the data storage unit; this identification of the weak spots would refer to the location of the problems, as well as the identification of their nature

The third step would be represented by the resolution of the weak spots based on the nature of the problems each of them reveals.

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A general stand in this direction would be represented by the limitation of the access to the weak spots.

Last, the fourth and final step would be represented by the implementation of security precautions and the encoding or encrypting of sensitive data, so that even if it is leaked, the third parties do not have direct access to it.

Aside from these, it is necessary to periodically conduct tests and verifications in order to ensure that the control systems are adequate and in place and able to minimize the risk of data leakage (Gifford)......

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