Risk management framework for organization

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Reference no: EM133567627

As the CISO for a healthcare organization, you are tasked with Choosing a risk management framework and associated systemic process that measures and evaluates risks that may impact the organization's assets and data Developing a security management plan that is aligned with the healthcare organization's goals and objectives. The goals are Patient Satisfaction: Patient satisfaction is the foundational strategy by which the healthcare organization will attain its mission. It encompasses patient outcomes, compliance scores, and patient and visitor experiences within the healthcare organization. Increase Revenue: Providing excellent care requires money. The healthcare organization seeks to maximize revenue wherever ethically possible through a strategy that captures, retains, and grows revenue. Maximize Operational Efficiencies: Maximizing operational efficiencies helps the healthcare organization get the most value out of each dollar of revenue. Efficient operations also directly affect the patient experience and overall patient and visitor satisfaction. Gain positive returns on capital investments. Ensure that new initiatives show a tangible return on investment (ROI). The objectives are to leverage assets and resources for centralizing and automating processes. Reduce the total cost of ownership (TCO) with respect to the IT infrastructure and IT systems. Improve the security of IT systems to protect the confidentiality, presentation for the healthcare organization's senior leadership that recommends a risk management framework.

Address the following:

Define the chosen risk management framework for the organization to implement as part of its risk management program.

Illustrate the associated risk management processes.

Justify your choice for the risk management framework.

Reference no: EM133567627

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