Instructions

This assessment item is designed to improve student learning skills and provide experience in critically analysing governance frameworks, assessing risk management strategies, and evaluating their impact on information systems. The student will present their findings in a well-researched and referenced report. Assignment Overview: This assignment challenges you to critically evaluate an IS Governance framework and propose a risk management strategy for a given case study. Your goal is to demonstrate how effective governance and risk management can support the organization's overall strategy and operational objectives. Objectives: To enhance your ability to analyse governance frameworks within an organizational context. To develop practical risk management strategies using industry-standard methodologies. To critically evaluate the impact of governance and risk management on information systems operations. Case Study Analysis: You can choose a case study that describes a business scenario involving governance and risk issues from last 5 years Journals or conferences paper. Carefully read and analyse the case to understand the underlying governance challenges and risks. Governance Framework Assessment: Framework Selection: Select an appropriate IS Governance framework (e.g., COBIT, ITIL, ISO/IEC 38500). Analysis: Critically assess the selected framework's ability to address the governance challenges identified in the case study. Implementation Plan: Propose a plan for implementing the framework within the organization, including key roles, responsibilities, and processes. Risk Management Strategy: Risk Identification: Identify the key risks associated with the IS operations described in the case study. Risk Assessment: Evaluate the likelihood and impact of these risks using a recognized risk assessment methodology. Mitigation Plan: Develop a risk mitigation plan that includes preventive, detective, and corrective controls. Expected Outcomes: Discuss the expected outcomes of implementing your governance and risk management strategies, including potential benefits, challenges, and impacts on organizational performance. Key Elements of the Assessment: Introduction: Provide an introduction or background to the governance and risk issues, including an identification of gaps in the current approach. Governance Framework: Analyze the selected governance framework, including its strengths, weaknesses, and applicability to the case study. Risk Management: Present a comprehensive risk management strategy, detailing the identification, assessment, and mitigation of risks. Implementation: Discuss the practical steps for implementing your governance and risk management strategies within the organization. Conclusion: Summarize your findings and suggest areas for further improvement or research.

TheKeyelementsoftheresearchproposal

Thefollowingelementsmustbeincludedinyourresearchproposal:

1. Introductionorbackgroundtotheresearchproblemorissue,includingan identification of the gap in the current research
2. Research question and, if possible, a thesis statement answering the question
3. Justificationfortheproposalresearch,i.e.,whytheresearchisneeded.
4. Preliminaryliteraturereviewcoveringwhatothershavealreadydoneinthe area.
5. Theoreticalframeworktobeusedintheproposedresearch.
6. Statementofthecontributionoftheresearchtothegeneralarea
7. Proposedresearch methodology
8. Researchplanandoutline.
9. Timetableofproposedresearch

study options

Target Data Breach (2013): Analyze how inadequate governance frameworks and risk management led to the exposure of customer credit card information.

Uber Data Breach (2016): Explore Uber's handling of the data breach, the lack of IS governance, and how a stronger risk management framework could have reduced the impact. Yahoo Data Breaches (2013-2014): Review the governance and security risks that resulted in Yahoo's massive data breaches and subsequent downfall.

WannaCry Ransomware Attack (2017): Investigate how inadequate governance and security measures enabled the rapid spread of the WannaCry ransomware globally and the lessons learned for future risk management.

if possible make it 2500+ words