1. The role of professionals involved in information security within an organization in regards to Information Security Professionals is wide yet specific. The term security indicates a sense of probable risk. In the era of hackers with various bugs, worms, virus and spyware it is extremely important to develop a maintenance plan for any software based organization, particularly a financial company. In this context, it could be stated that The Network operating system or NOS, under the parameter of wireless operations, is used for controlling network and its messages. Alongside, it also helps to control unrestricted access by multiple users. It helps in the field of wireless network security too. The main functions of a file system are retrieval of data, hierarchical organization, navigation, manipulation and storage. The prime function of a client operating system is to enable the user to use the machine where further programs would be executed. (Fletcher, 2005)
These are all well formulated forms of security maintenance. Bug prioritizing/ Rejection software procedures identifies the bugs trying to infiltrate or has already infiltrated the system and once this is done the software eliminates the bug or reports bug attack. When the attack is reported then the software already deployed for the maintenance job takes over the act and uses a thorough process of testing that ends in the user reporting the attack. Sometimes it becomes essential of the software to identify it as a bug or genuine software. Under such conditions wireless security, it is important to use QC that would ultimately formulate the basic logic that can maintain the fixes deployment and enhancement measures. (Kar, 2006) Thus, it is obvious that the role of professionals involved in information security within an organization in regards to Information Security Professionals is extremely important for any organization.
2. Risk management is a process that evaluates the risk factors of a due or ongoing project to minimize future loss. Risk management strategies are tabled and final procurement project lists are prepared. The risks are then projected on each project outcome and tested for applicability. Information is elicited from team members as to when they perceived risks arising and what they did. These interventions are tabled into the risk strategy at different stages of the procurement cycle. There might be situations where the risks might not be clear or even expected. In such complex situations, every member is taken through the entire process to pick up ideas on the way. The project would benefit from past processes and the factors, which worked, kept on record as resources to be used later on. Budgets compared to actual costs, final schedules are some of the ratios, which act as blueprints to follow a risk control plan. A team moderator who would ensure that team members feed in information, which can be collated, would supervise the risk amelioration program. Summaries are generated on things, which went wrong, and the risks, which could not be anticipated. A consensus is built up among the group after individual responses are received. Team members are asked what went wrong and then the information is preserved. (Edelman, 2005)
If a company brand is to have a competitive edge, which drives it further from the pack, risk management and forecasting abilities, are expected to be very strong. The development of the initial risk list is highly critical and equally important in the company’s scheme of things is the project review process, which it has initiated. Risks are inherent in every situation, and the important thing is to share perceptions on the possible pitfalls. This is why the identification of risks, by listing assets and their vulnerabilities, so important to the risk management process. (King, 2006)
Edelman, S; (2005); Evaluation Techniques in International Business Management; Bloemfontein: ABP Ltd
Fletcher, R; (2005); Principals: Beliefs and Knowledge; Believing and Knowing; Dunedin: Howard & Price
Kar, P; (2006); History of Industrial Economics and Related Applications; Kolkata: Dasgupta & Chatterjee
King, H; (2006); Management Principals Today; Auckland: HBT & Brooks Ltd