CIS 558 Course Great Wisdom / tutorialrank.com CIS 558 Course Great Wisdom / tutorialrank.com | Page 2
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 .
2 . Recommend to management the approach that they need to take to implement an effective ERM program . Include the issues and organizational impact they might encounter if they do not implement an effective ERM program .
3 . Analyze the methods for establishing key risk indicators ( KRIs ).
4 . Suggest the approach that the organization needs to take in order to link the KRIs with the organization ’ s strategic initiatives .
5 . Use at least three ( 3 ) quality resources in this assignment ( in addition to and that support the documents from the COSO Website referenced in this assignment ). Note : Wikipedia and similar Websites do not qualify as quality resources .
Your assignment must follow these formatting requirements :
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 .
2 . Recommend to management the approach that they need to take to implement an effective ERM program . Include the issues and organizational impact they might encounter if they do not implement an effective ERM program .
3 . Analyze the methods for establishing key risk indicators ( KRIs ).
4 . Suggest the approach that the organization needs to take in order to link the KRIs with the organization ’ s strategic initiatives .
5 . Use at least three ( 3 ) quality resources in this assignment ( in addition to and that support the documents from the COSO Website referenced in this assignment ). Note : Wikipedia and similar Websites do not qualify as quality resources .
Your assignment must follow these formatting requirements :