Essay on Acquisition And Procurement Of The Cybersecurity Industry
TASK: Investigate and then summarize key aspects of risk and risk management for acquisitions or procurements of cybersecurity products and services.
PURPOSE: Give better understanding of risks
SUMMARY: This report will provide An introduction section which provides a brief overview of the cybersecurity industry as a whole, An operational risks overview section in which you provide an overview of sources of operational risks which could affect suppliers of cybersecurity related products and services and, potentially, compromise the security of those products or services, A product liability section in which you provide a summary of the current legal environment as it pertains to product liability in the cybersecurity industry, A governance frameworks & standards section in which you discuss the role that standards and governance processes should play in ensuring that acquisitions or purchases of cybersecurity products and services meet the buyer’s organization’s security requirements (risk mitigation), A summary and conclusions section in which you present a summary of your findings including the reasons why product liability (risk transfer) is a problem that must be addressed by both suppliers and purchasers of cybersecurity related products and services.
When we look at cyber security industry as a whole we must start at what is cyber security. While in this day and age of technology where…