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Risk Management

Assignment Brief

Risk Management

What are baseline security requirements that should be applied to the design and implementation of applications, databases, systems, network infrastructure, and information processing when considering cloud computing within an enterprise risk management framework? Your paper should meet the following requirements: Be approximately four to six pages in length, not including the required cover page and reference page. Follow APA 7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion. Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations, in addition to your textbook. Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. You are being graded in part on the quality of your writing. Textbook : Information Governance: Concepts, Strategies and Best Practices; John R.S. Fraser, Betty J. Simkins, Kristina Narvaez; Copyright © 2015 by John R.S. Fraser, Betty J. Simkins, Kristina Narvaez (ISBN 978-1-118-69196-0) Beasley, M. S. (2016). What is Enterprise Risk Management? Retrieved from https://erm.ncsu.edu/az/erm/i/chan/library/What_is_Enterprise_Risk_Management.pdf

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Sample Answer

Baseline Security Requirements in Cloud Computing

Introduction

The adoption of cloud computing has become a fundamental component of enterprise IT strategies, offering flexibility, scalability, and cost efficiency. However, as organisations migrate applications, databases, systems, and network infrastructure to the cloud, new security challenges emerge. Integrating baseline security requirements within an Enterprise Risk Management (ERM) framework ensures that risks are systematically identified, assessed, and mitigated, while aligning with organisational objectives. This paper explores the baseline security requirements necessary for cloud environments, examining their application across applications, databases, systems, networks, and information processing, and highlighting their role within ERM.

Baseline Security Requirements

Access Control and Identity Management

Effective access control ensures that only authorised individuals can access cloud resources. Organisations must implement role-based access control (RBAC) and the principle of least privilege to restrict user permissions according to job functions. Identity management systems, including multi-factor authentication (MFA) and Single Sign-On (SSO), are essential to verify user identities and prevent unauthorised access. From an ERM perspective, access control reduces insider threats and protects sensitive information, supporting operational and regulatory compliance (Fraser, Simkins & Narvaez, 2015).

Data Protection and Encryption

Data confidentiality and integrity are critical in cloud environments. Baseline security requires encryption of data both at rest and in transit using strong cryptographic protocols such as AES-256 and TLS 1.2 or higher. Data loss prevention (DLP) strategies, including secure key management and tokenisation, help protect against breaches and unauthorised disclosure. Within an ERM framework, these measures mitigate financial, reputational, and legal risks associated with data compromise (Beasley, 2016).

Network Security and Segmentation

Cloud network infrastructure must be designed to defend against external and internal threats. Firewalls, intrusion detection and prevention systems (IDPS), and virtual private networks (VPNs) form the foundation of network security. Network segmentation isolates sensitive workloads to limit the impact of potential breaches. ERM integration requires that network security measures are assessed regularly to ensure resilience against emerging threats and alignment with organisational risk appetite (Fraser et al., 2015).

Application and System Security

Applications and operating systems deployed in the cloud must follow secure coding practices and be regularly updated to address vulnerabilities. Security baseline configurations, patch management, and vulnerability scanning are essential for protecting systems from exploitation. Implementing continuous monitoring and automated alerting enables rapid response to potential threats. Within an ERM framework, these practices reduce the likelihood of system downtime, data breaches, and business disruption.

Access control ensures only authorised users can access sensitive resources, preventing insider threats and unauthorised breaches.

Encryption protects data confidentiality and integrity, both when stored and when transmitted across networks.

ERM provides a structured approach to identify, assess, and mitigate risks, aligning security with business goals.

Compliance ensures organisations meet legal, regulatory, and industry standards, reducing potential fines and reputational damage.

Alex

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Mathew

Really helped me see how cloud security fits into ERM. Super practical and concise.

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Ben

Well-structured, easy to read, and the references are spot-on. Got a high grade.

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Hazel

I finally understand baseline security in cloud computing and how it links to risk management.

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