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This Business Risk Assessment Checklist is a guide through the practice of identifying and rating the threats connected to business activity. Preparation for the air vacation is actually the beginning of the trip, because when you start planning, it gives you a thrill of anticipation.
Sit down with business owners and show how their business is exposed to potential penalties, fines and lawsuits as a result of not being compliant with FACTA, OSHA, FCRA, GLB, HIPAA & ADA. Services Overview“Business Technology Consulting and Services” is how we describe our unique combination of strategic and operational business consulting services and the more traditional technical services. Last week, I wrote about the patching that was done on the Mars “Curiosity” Rover a few weeks ago. As Technical Lead for our Network Operations Centre (NOC), I’m well aware of the operational duties that need to be performed and constantly fine-tuned for successful patch deployments. The Microsoft Scenario: Microsoft releases OS and Software patches on the 2nd Tuesday of every month, known in the IT industry as “Patch Tuesday”. The key thing to remember in any patch management strategy is not to patch for the sake of patching, as inadvertently you could cause more harm to the systems if something goes wrong. Put into perspective, if you have Windows Server 2008 server running a website and there is a “moderate” severity patch released for the web service as an attacker can exploit the server, it would classify a big risk. If a high risk Microsoft Excel patch is released, first deploy the patch to a test group of workstations.
Workstations come with limited System Restore features that can provide you with some means of roll-back but not servers so backups are important. Get Management buy-in by making them understand the importance of patching and support it fully.
Lastly, when choosing a patch management system, choose a something that can push patches to systems on a scheduled basis, verify that the patch installed correctly, and generate reports across all systems. Other items on the check list might be: email routing (both inbound and outbound), OWA and Outlook Anywhere Access or even testing external VPN connections.

Business risk assessment refers to the assessment ofrisks and opportunities affecting the achievements ofthe organizational goals and objectives.Business risk assessed at three levels.
Clipping is a handy way to collect and organize the most important slides from a presentation. Try CentriQS complete task management solution for planning, tracking and reporting tasks, projects, and schedules. With a help of this checklist you may identify probability and severity of risks endangering your profits, hence mitigate them. A series of simple multiple-choice questions are answered by the business owner that leads to the creation of a report based on those answers. Associates log-in to the program site using a username and password to conduct unlimited risk assessments with business owners. So I thought what may be useful to share, was a high level overview of key points one should consider in order to have a successful patch management strategy. The patches are different every month, varying from Critical Security Fixes to Recommended Stability improvement patches. Yes, I know not all enterprises have the luxury of having a dedicated test bed for testing updates. If the patch installs successfully and does not break any 3rd party integration, then continue rolling out to the remaining computers. Even simple things could provide you with some means of recovery, like if you are using virtualization technologies like Hyper-V, making a copy of the Virtual Hard Disks could provide you with some means of recovery. Understanding of overall goals and objectives by examining of fundamental documents and classification of indentified goals and objectives into SHORT, MEDIUM and LONG TERMS issues.2.
Creation of series of matrices …… environments (step 3) X identification based on time (step 1)5. Increase productivity of your small business or office by better organizing your employees' tasks and time.

Here on Earth, IT departments are responsible for installing patches all the time, and unless there is a very strict process around it and full buy-in from all stakeholders, it is often neglected. That said, this leaves enterprises using Microsoft products with some potential degree of risk if the updates address known vulnerabilities.
Microsoft does make it a little easier by means of their monthly Security Bulletin that accompanies the relevant month’s released patches. I can’t tell you have many times in the past, a simple “System State” backup would have made the difference between a simple ? hour restore and a 16 hour full scale disaster recovery of a server.
Share your thoughts on this topic – I’d love to hear how others approach this rather routine, but important, IT task. A proper check list for Health Checking your servers after patch deployment is essential, of which checking the services after a reboot should be on any technicians list. Choosing of strategic risks that are likely to be of greatest importance: ? Operational risk is that entity will not meet its operational goals and objectives. Using of various creative processes such as brainstorming, imagine scenario of possible threats and opportunities for each cell of matrix. If you don’t have a test environment, try using a staged approach in your patch management strategy. Combining of the risk assessment for various goals and objectives for each of the three time horizon to get a composite strategic risk assessment.

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