Construct an incident response plan Research Paper

Construct an incident response plan - Research Paper Example The metrics are further discussed in relation to what is to be measured in the policy, how it is to be measured and the kind of action to be performed with the information. This is to ensure that the policy is workable and makes sense in relation to the fact that the impacts can be quantified. In the Information Technology, being a continuously developing field, there are risks that come with dynamic nature of the field. The exposure to such risks, if not secured, normally leads to loss of income in the sector. These risks involve hacking, using the website for adverts among others (Beale et al., 2003).In addition, the risks deserve some scrutiny so as to understand how to tackle them. The policy is supposed to ensure that the risks that lead to vulnerability are taken into consideration so that they can be mitigated or reduced to the minimal state possible. Analysis of such risks will ensure that the firm does not experience unnecessary loses that could be controlled through the use of appropriate policies and institutional framework. The unsecured risks that include hacking are the major challenges experienced in the IT sector and, therefore, tackling it will be of a much relief to the firm. This will also make the firm outstanding in terms of competition since its products will not be able to be duplicated or pirated thus a fair competition (Johnson, 2013). Addressing the unsecured risks will ensure that the IT firm gets its profit to the maximum thus eliminating issues like retrenchments and early retirement that are proposed by the firm due to low profits. The employees will also be able to work in an IT secured environment whereby their personal information and their unique work that come from their expertise cannot be leaked to the public without their consent. Their work also cannot be lost due to the deliberate introduction of computer viruses by the competitors (Easttom, 2013). The policy will ensure that the

The Strategy of Alaska in Saudi Arabia Term Paper

The Strategy of Alaska in Saudi Arabia - Term Paper Example Alaska has an established Alaska Permanent Fund (APF)  that requires the government to invest at least a quarter of the revenue it earns from oil on behalf of its citizens. From these investments the APF has diversified mutual fund that has accumulated into a huge resource base in form of asset to the tune of about $28 billion dollar according to a report released in 2004 (Alaska Oil and Gas Association, 2015). Each year the government injects some amount from the oil revenue while they pay a dividend to the citizens annually through the Permanent Fund Divided scheme. For instance, in 2014 the government paid its citizens a total of $1,884 for each qualified Alaskan. The funds are managed through Alaska Permanent Fund Corporation.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In Alaska, oil revenue contributes about 92 percent of the total government revenue as of the year 2011. Half of the corporate shares are in the ownership of private and public pension and retirement schemes while individuals own 20% while 27% is owned by asset management companies and financial institutions (Alaska Oil and Gas Association, 2015). The board members and corporate executives own the remaining 3%. This has an implication that when the oil sector is performing well the benefits trickles down to the citizens equitably either through returns from mutual fund investments, pensions, etc. (Dyer & Al-Ghwell, 2012). Therefore, oil earnings benefit the citizens in many way including dividends, better economic growth from states and federal revenues, capital projects, and employment opportunities.