Risk Management Week 4 Essay Example | Topics and Well Written Essays - 750 words

encounter Management Week 4 - Essay ExampleHowever, affair endeavors must be aw are of manageable risk factors in respect to data integrity, data availability, and data disposal while outsourcing data store to external providers. Service providers need to manage the data of several businesses, and hence they might host all in all these data on the same storage server. Under this circumstance, the organization must ensure that its data are not mixed with others data and are separated by the application of proper virtualization software so as to enhance data integrity. As Kaur (2007) points out, timely data availability often becomes a quarrel while outsourcing data storage to external parties. In order to address this issue, the organization must distinctly prioritize its data availability requirements so that the service provider can properly place the data on the server (p. 110). Finally, in order to improve data security business houses must ingest sure that external serv ice providers no longer store the unwanted or expired data.When hiring an enterprise service provider for processing information system applications including payroll, workforce management, and sales order taking, organizations actually adorn a part of their operations in the hands of someone else. If the service provider is not trustworthy, this business practice will dreadfully affect even the survival of the business firm. There are many rules and regulations governing the operations of enterprise service providers. Therefore, prior to contracting out a business function, a firm must ensure that the chosen service provider strictly adheres to such rules and regulations. In addition, it is good for companies to direct enterprise service providers who have a strong reputation for their previous business dealings. Experts suggest that an all-embracing research would assist firms to identify a reliable service provider in this