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GLOBAL ASSET INCORPORATED RISK ASSESSMENT Name Institution Executive Summary Global Asset, Inc (GAI) is a growing financial institution whose growth strategy incorporates technological innovation and automation. For a firm in the financial industry, security is vital for the daily business activities. The networks of such an institution demand extremely high levels of security, to avoid the loss of data and to protect against malicious internet users who may intrude on the network. The objective of the project is to build physical and operational security for the corporate information system. This is the core system that provided the primary business functionality to the remote nodes which connect to it. For GAI, the physical network assets are in the same building and up to eleven people are responsible for the development and maintenance of the network and the security systems. The current challenge is an internal threat to the system by the management who consider outsourcing to be more cost-effective and efficient as compared to internal networks that are maintained by the organization.In the light of decreased attention to the role of information and communication technology in the running of the organization, it is paramount that the project demonstrates unassailably, the benefits of having such an internally maintained network instead of outsourcing this service. The history of the organization indicates a prevalence of security concerns. The organization uses an Oracle database that had been broken into more than once. This loss of data reflects negatively, especially on the reputation of such an institution. In spite of this negative history,
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