All posts by : chebby

 Discuss in 500 words your opinion whether Fair Use of copyrighted material should be expanded, contracted, or left alone. Justify your choice.   

 Proposal: learn about the problem – 

Follow the instructions given in the first file .

Prepare a 3-5 page paper on the future of digital currency litigation and the implications for taxation. What are the pros and cons? How will this ultimately impact the business world?

Your paper should be 3-5 pages long (excluding the title and reference pages) and formatted according to APA.

Compose your essay in APA format, including the introduction and conclusion, and in-text citations for all sources used. In addition to your 3-5 page essay, you must include an APA-style title page and reference page.

Please read the two discussion post and provide response to each discussion post in 75 to 100 words

Post1:

Quantitative Risk Analysis uses available relevant and verifiable data to produce a numerical value which is then used to predict the probability (and hence, acceptability) of a risk event outcome. Qualitative Risk Analysis, on the other hand, applies a subjective assessment of risk occurrence likelihood (probability) against the potential severity of the risk outcomes (impact) to determine the overall severity of a risk. (Shuttleworth, Mike, 2017) 

Qualitative risk assessment excels at giving the risk assessor and the risk manager information about how well the control is currently implemented.

In qualitative risk analysis, impacts and likelihood evaluated using some established methods.  After evaluation, we describe them in terms such as very high, high, moderate, low, very low.

The purpose of qualitative risk analysis is to:

Identity (or mark) risks for further analysis.

The risk which is not marked for further analysis, it identifies actions for them based on the combined effects of the probability of occurrence and impact on project objectives.

Qualitative analysis does not analyze the risks mathematically to identify the probability and likelihood. Instead, it uses stakeholders inputs to judge the impact.

Quantitative Risk Analysis uses the probability distributions to characterize the risk’s probability and impact.

The risk assessment methodology you use should depend on what you are trying to measure and what outcomes you’d like to see from that measurement. A quantitative risk assessment focuses on measurable and often pre-defined data, whereas a qualitative risk assessment is based more so on subjectivity and the knowledge of the assessor. A quantitative risk management methodology is best suited for a detailed look at comparing like-things across your organization, while a quantitative risk assessment is best for evaluating the implementation of a framework that does not inherently have pre-defined values. ( Buzz Hillestad)

Post2:

A common question that companies ask during the risk management process is whether a quantitative or qualitative approach should be taken. The good news is that you can actually make your method more effective and achieve the desired level of security by using both approaches. On the other hand , quantitative risk analysis is objective. It uses comprehensible data to evaluate the impacts of risk on overruns, differences in reach, use of resources and delay schedules. In the end, the objective is the same; the difference is that a more analytical, data-intensive approach is needed.

“In layman’s terms, quantitative risk analysis assigns a numerical value to extant risks- risk A has a 40% chance of occurring, based on quantifiable data (fluctuations in resource costs, average activity completion time, logistics etc.) and a 15% chance of causing a delay of X number of days. It’s thus entirely dependent upon the quantity and accuracy of your data” (Wood, 2019)

It also enables the detection of special areas — a risk incident, for example, with a high possibility of raising or a disastrous outcome. And it can be used to manage risk in real time at any point of the project. However, there is no doubt that a combined solution is better. They are basically two sections of a single whole, so that the ‘risk stage’ of each operation can be completely defined in the project schedule.

“It’s generally accepted that qualitative risk analysis is an older form of risk management than its quantitative counterpart. Not because human civilization’s earliest project managers had any particular bias towards the qualitative methodology; the answer is actually much simpler than that” (Wood, 2019)
One issue with qualitative evaluation is that those who conduct it are highly complex both in likelihood and in effect.HR consequences are more important than qualitative impacts for HR individuals , for example, and vice versa. In terms of a probability bias, a lack of understanding of the timeframes of other procedures can lead someone to believe that mistakes and failures occur more frequently in one’s own process than others.

While the quantitative risk evaluation, relies on factual and measurable data and highly statistical and analytical basis for estimating risks and impact values, usually expressing the risk value in monetary terms, rendering their findings useful beyond the framework of the evaluation.

“To reach a monetary result, quantitative risk assessment often makes use of these concepts:SLE (Single Loss Expectancy): money expected to be lost if the incident occurs one time.ARO (Annual Rate of Occurrence): how many times in a one-year interval the incident is expected to occur.ALE (Annual Loss Expectancy): money expected to be lost in one year considering SLE and ARO (ALE = SLE * ARO). For quantitative risk assessment, this is the risk value” (Leal, 2017)

As you can see, qualitative and quantitative tests have some characteristics that enhance each for a particular risk assessment situation, but incorporating both methods can, on the wide scale, prove to be the best alternative to a risk assessment. You can easily define most of the risks under normal circumstances with the use of the qualitative method. And the fears of people about their work can be used as a simple guide for evaluating these risks as important or not. You can then use the quantitative approach to relevant risks for more comprehensive decision-making details.

Risk evaluation is one of the most important and most difficult elements of risk management – individual, technological and administrative. When done correctly, the introduction of an ISO 27001 Information Security Management Framework could undermine any effort that organizations might make about the execution of qualitative or quantitative evaluations. However, you do not rely on a single methodology because ISO 27001 makes it possible to measure both qualitative and quantitative risk.

 This week’s journal article focuses on attribution theory and how it influences the implementation of innovation technologies.  Two types of employee attributions are noted in the article (intentionality and deceptive intentionality), please review these concepts and answer the following questions:

1. Provide a high-level overview/ summary of the case study
2. Note how constructive intentionality impacts innovation implementations
3. Find another article that adds to the overall findings of the case and note how attribution-based perspective enhances successful innovation implementations.  Please be explicit and detailed in answering this question.

Read the attached PDF article entitled, “How Blockchain Technology Can Benefit Marketing: Six Pending Areas Research Areas”.

The six pending research areas mentioned in the article are:

1) Fosters disintermediation

2) Aids in combatting click fraud,

3) Reinforces trust and transparency,

4) Enables enhanced privacy protection,

4) empowers security, and

6) Enables creative loyalty programs.

After reading the article in full, select on of the mentioned six areas of research and write an article reflection minimum 8-9 maximum page paper identifying the following;

1) Describe and provide the overall research area mentioned in the article in a synopsis

2) What did the article state in how Blockchain can benefit that marketing area overall?

3) What further research did the article recommend?

4) What do you think can be the approach to further research the topic? What approach would you recommend to take and what type of research method would make sense?

5) What is an example of a company that you believe would benefit from this type of research and why?

6) Outside of Blockchain, what other piece of marketing technology can help this area?

7) What do you recommend is the best way to approach for a company to implement this area of research into their company?

Paper must be 12Pt. Font, Times New Roman, Double Spaced, with title page and reference page. Minimum of 3 references, to include the article required. The title page and references page do NOT count towards the minimum.

Company overview of stockman Trader and what services offered.

2 Part Assignment 

Assignment Content

1. The information security strategic plan and security policies are strongly interrelated within an organization’s information security program. The security plan and security policies will drive the foundation and selection of security controls to be implemented within the organization.

   Part 1
   Write a 1- to 2-page summary of the comparison chart of strategic plans and security policies you completed in this week’s Learning Team assignment.

   Part 2
   Review the control families described in this week’s reading, NIST SP 800-53a Revision 4, Assessing Security and Privacy Controls for Federal Information Systems and Organizations.

   Review the controls from this week’s reading, CIS Controls V7.1.

   Develop a 2- to 3-page matrix using Aligning Security Controls to NIST Security Controls Matrix Template that accurately maps CIS controls to NIST security control families. Note that some CIS controls may map to multiple NIST control families.

   Cite all sources using APA guidelines.

   Submit your assignment.

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