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Operationally, Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE) methods

1.     (One Page) Provide a brief explanation of the Operationally, Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE) methods. Explain how they are

beneficial for organizations developing their IT risk management approaches.
Explain how the size of the organization impacts the OCTAVE method utilized. Determine the factors that large organizations, as opposed to small organizations, are

most concerned with.

2. (One page) Principles for Policy and Standards Development” Please respond to the following:

Select two principles for policy and standards development (accountability, awareness, ethics, multidisciplinary, proportionality, integration, defense-in-depth,

timeliness, reassessment, democracy, internal control, adversary, least privilege, continuity, simplicity, and policy-centered security). Examine how these principles

would be the same and different for a health care organization and a financial organization.
Determine which type of organization would have the most difficulty implementing the principles you selected. Support your answer.

3.IT Security Policy Framework

Establishing an effective Information Technology Security Policy Framework is critical in the development of a comprehensive security program. Additionally, there are

many security frameworks that organizations commonly reference when developing their security programs. Review the security frameworks provided by NIST (SP 800-53),

ISO / IEC 27000 series, and COBIT. Assume that you have been hired as a consultant by a medium-sized insurance organization and have been asked to draft an IT Security

Policy Framework.

You may create and / or assume all necessary assumptions needed for the completion of this assignment.

Write a three to five (4) page paper in which you:
2.    Select a security framework, describe the framework selected, and design an IT Security Policy Framework for the organization.
3.    Describe the importance of and method of establishing compliance of IT security controls with U.S. laws and regulations, and how organizations can align their

policies and controls with the applicable regulations.
4.    Analyze the business challenges within each of the seven (7) domains in developing an effective IT Security Policy Framework.
5.    Describe your IT Security Policy Framework implementation issues and challenges and provide recommendations for overcoming these implementation issues and

challenges.

6.    Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
•    Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific

format. Check with your professor for any additional instructions.
•    Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the

reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:
•    Identify the role of an information systems security (ISS) policy framework in overcoming business challenges.
•    Design a security policy framework.
•    Use technology and information resources to research issues in security strategy and policy formation.
•    Write clearly and concisely about Information Systems Security Policy topics using proper writing mechanics and technical style conventions.

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