Importance of Security Pharmaceutical Organization Harvard Case Solution & Analysis

Importance of Security Pharmaceutical Organization Case Study Help

Risk mitigation

External risks impact the financial and legal aspects of the business.

To mitigate these risks and their impact on the business; the management needs to improve the employees’ morale and motivation through empowerment and compensation. Employees need to undergo a training program to better operate the systems in the workspace. Conflict and disputes among employees should be settled in a neutral manner. Management needs to clearly define the roles and responsibility of each employee. They also need to invest in an IT staff that can manage the technological assets and keep them updated. Having a good IT staff can help in preventing the cyber-attacks and loss of data. The IT engineers can set up good network security firewalls to prevent the cyber-crime. They could also set up a honey pot, which is an isolated system in the organization that cyber criminals are allowed to hack. In this way the network traffic of this isolated system can be monitored and the IP of the attacker can safely be recorded. By utilizing the latest encryption and decryption techniques;. they can secure the data to a much higher level. Some of which are as follows:

  1. Triple DES.
  2. RSA
  3. Blowfish
  4. Twofish
  5. AES

While most of the external risk are unexpected, cyber-crime can still be mitigated by the aforementioned suggestions..........................

 

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