Assignment Using Security Policies And Controls To Overcome ✓ Solved

Assignment Using Security Policies And Controls To Overcome Business

Using Security Policies and Controls to Overcome Business Challenges Learning Objectives and Outcomes § Understand the importance of information security policies and the role they play in business activities to ensure sound, secure information. § Identify four IT security controls for a given scenario. Scenario: § The organization is a regional XYZ Credit Union/Bank that has multiple branches and locations throughout the region. § Online banking and use of the Internet are the bank’s strengths, given limited its human resources. § The customer service department is the organization’s most critical business function. § The organization wants to be in compliance with Gramm-Leach-Bliley Act (GLBA) and IT security best practices regarding its employees. § The organization wants to monitor and control use of the Internet by implementing content filtering. § The organization wants to eliminate personal use of organization-owned IT assets and systems. § The organization wants to monitor and control use of the e-mail system by implementing e-mail security controls. § The organization wants to implement this policy for all the IT assets it owns and to incorporate this policy review into an annual security awareness training program. Assignment Requirements: Using the scenario, identify four possible information technology (IT) security controls for the bank and provide rationale for your choices. Required Resources: Access to the Internet Note: Need 400 Words with APA format.

Sample Paper For Above instruction

In today's digital landscape, banks and financial institutions are increasingly vulnerable to a myriad of cyber threats, making the implementation of robust security policies and controls vital to safeguarding customer data and maintaining trust. For a regional XYZ Credit Union with multiple branches, leveraging appropriate IT security controls aligned with industry best practices and legal compliance such as the Gramm-Leach-Bliley Act (GLBA) is essential. This paper discusses four specific security controls suitable for this scenario, emphasizing their rationale and contribution to the organization’s security posture.

Firstly, content filtering serves as a crucial mechanism to control Internet usage among employees. Given that the organization aims to monitor and restrict personal Internet activity, deploying content filtering tools such as web proxies or filtering software helps enforce acceptable use policies. These controls prevent access to unauthorized or potentially malicious websites, reducing the risk of malware infections, data leaks, and non-compliance with GLBA requirements concerning data privacy and security (Chen et al., 2020). Implementing this control aligns with the organization’s need to restrict non-work-related browsing, thereby minimizing productivity loss and potential security breaches.

Secondly, email security controls are imperative due to the critical nature of the bank’s customer service function and reliance on electronic communication. Employing email security measures such as spam filtering, email encryption, and anti-phishing tools helps prevent malicious emails from infiltrating the organization’s network. These controls reduce the likelihood of phishing attacks which can lead to unauthorized data access or financial fraud (Alotaibi et al., 2018). Given the sensitive financial data handled by the bank, protecting email communication ensures confidentiality and integrity, reinforcing compliance with GLBA regulations on safeguarding customer information.

Thirdly, implementing endpoint security controls is necessary to prevent misuse of organization-owned IT assets. This involves deploying antivirus software, host intrusion detection systems, and device management solutions across all computers and mobile devices used within the organization. Endpoint security enables prompt detection and response to threats such as malware, ransomware, or unauthorized device access. Continuously updating and monitoring endpoints supports the organization’s goal of eliminating personal use of IT assets and enhances overall security resilience (Chowdhury & Wu, 2021). It also ensures adherence to security policies during ongoing security awareness training.

Lastly, establishing a comprehensive security awareness training program is a vital control to promote ongoing compliance and foster a security-conscious culture. Regular training educates employees about organizational security policies, emerging threats, and safe IT practices, ensuring consistent policy enforcement across all branches. Integrating policy review into annual training aligns with best practices and ensures employees are updated on recent threats and procedural changes (Nash et al., 2019). Educated employees are less likely to inadvertently compromise organizational security, thereby supporting the bank's compliance efforts and operational security.

In conclusion, deploying content filtering, email security, endpoint security, and ongoing security awareness training are critical controls for the XYZ Credit Union. These measures collectively enhance the organization’s ability to comply with legal standards, protect sensitive data, and ensure the integrity of its operations amidst growing cyber threats.

References

• Alotaibi, O., Alotaibi, A., & Alghamdi, R. (2018). Email Security Threats and Countermeasures: A Review. International Journal of Computer Applications, 182(23), 22-29.
• Chowdhury, M., & Wu, J. (2021). Endpoint Security in Modern Cyber Defense: Challenges and Solutions. Journal of Cybersecurity and Digital Forensics, 9(2), 45-58.
• Chen, J. et al. (2020). Web Content Filtering Based on Machine Learning Techniques. Cybersecurity Journal, 6(4), 124-138.
• Nash, R., Behrens, S., & Doan, C. (2019). Building Security Awareness in Organizations: Strategies and Challenges. Information & Computer Security, 27(2), 162-178.