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CIS 558 Week 3 Assignment 1 ERM Roadmap
Week 3 Assignment 1
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Assignment 1: ERM Roadmap
Due Week 3 and worth 125 points
The following material may be useful for the completion of this assignment. You may refer to
the documents titled “Embracing Enterprise Risk Management: Practical Approaches for
Getting Started” and “Developing Key Risk Indicators to Strengthen Enterprise Risk
Management”, located at http://www.coso.org/-ERM.htm.
Imagine you are an Information Technology Manager employed by a business that needs you to
develop a plan for an effective Enterprise Risk Management (ERM) program. In the past, ERM
has not been a priority for the organization. Failed corporate security audits, data breaches, and
recent news stories have convinced the Board of Directors that they must address these
weaknesses. As a result, the CEO has tasked you to create a brief overview of ERM and provide
recommendations for establishing an effective ERM program that will be used as a basis to
address this area moving forward.
Write a three to four (3-4) page paper in which you:
1. Summarize the COSO Risk Management Framework and COSO’s ERM process.