Assessment Details and Submission GuidelinesTrimesterMarch2022Unit CodeICT 309Unit TitleIT...

Question

Assessment Details and Submission Guidelines
Trimester	March2022
Unit Code	ICT 309
Unit Title	IT GOVERNANCE, RISK & COMPLIANCE
Assessment Type	Individual Assessment
Assessment Title	Essay Writing
Purposeofthe assessment(withULO Mapping)	Evaluate the business benefits of GRC in managing the contribution of IT to organizations.
Weight	20%
Total Marks	20
Word limit	1000minimum
Due Dates	01/09/2022
Submission Guidelines	•All work must be submitted on Moodle by the due date along with a completed Assignment Cover Page. •Referencesourcesmustbecitedinthetextofthereport,andlistedappropriately at the end in a reference list usingAPAreferencing style.
Extension	• Extensions to assignment deadlines (not including exams) based on mitigating circumstances shall be at the discretion of the Lecturer for a unit. Mitigating circumstances are circumstances outside of the student's control that have had an adverse effect on the student's work or ability to work. Extensions of up to three days are permissible. •Students must email or otherwise write to the Lecturer prior to the due date for an assessment item. The student must produce a copy of their work to date on the assessment, demonstrating that they have commenced work.
Academic Misconduct	•Academic misconduct involves cheating, collusion, plagiarism or any other conduct that deliberately or inadvertently claims ownership of an idea or concept without acknowledging the source of the information. This includes any form of activity that negates the academic integrity of the student or another student and/or their work. Please refer 2.6 Academic misconduct – plagiarism, collusion and cheatingfor further details.

Assignment Description(Total marks 20)

You arerequired to write‘academic essay’on anyoneof the following topics-

•The 10 Best GRC Tools And Platforms For 2022.

•Building Business Value with IT GRC Program.

•GRC Framework.

•GRC System Australia.

•Integrating a GRC Framework in a Digital Age.

•Cyber Security and Governance, Risk and Compliance

Submission Guidelines

1.Manuscript should becontainingminimum1000words and should not exceed3000words including embedded figures and tables, contain no appendix, and the file should be in Microsoft Office (.doc/.docx) format.

2.Paper should be in prepared in A4 paper (21cm x 29.7cm) using 2.5 cm for inside margin and 2 cm for top, bottom, and outside margin.

3.The title, abstract and main text should be in one column.

4.Title should be less than 15 words, title case, small caps, centered, bold, font type Times New Roman (TNR), font size 16, and single spaced.

5.The main text of the writing should be in onecolumnwith 1 cm column spacing, justified, 12 TNR, first line indent 5 mm, and 1.5 spaced.

6.The manuscript should begin with title, abstract, and keyword and the main text should consist of: Introduction, Literature Review, Research Methodology, Finding and Discussion, Conclusion followed by References.

Marking Guide:

Criteria	Description	Marks
Abstract	One paragraph abstract with clearobjectivesof paper.	5
Key Terms	Minimum 5 key terms.	2
Literature Review	Literature review with good referencing.	5
Diagrams, Figures	Labelling of diagrams and figures.	3
References	All references inAPAstyle format.	3
Formatting	Paper must beformatted consistentlywithcontent hierarchy.	2

Possible steps (In no strict order)

1.Analyse thetopicand define key terms.

2.Establish a possible point of view

3.Do the literature review. Use books, journals and other credible academic sources for support and evidence.Import references with EndNote.

4.Write a first draft to include yourabstract, body and conclusion.

5.Complete orfinalizeyour references and citations

6.Complete your final draft andcheck similarity index with Turnitin.

7.Similarity index should not cross 20 %

essay-writing-ict-309-s20wiefk.docx

Shubham · Accepted Answer

INTEGRATING A GRC FRAMEWORK IN A DIGITAL AGE
Abstract
Governance, risk, and compliance framework provide with integrated compliance and risk platform that can help organizations in undertaking the residual track and risk. It provides a full understanding of procedures, security posture, and policies in a single view. The study provides information about the integration of the GRC framework in the digital era. The framework is integrated with the procedure manual and management policies for ensuring service requests and problem management. It is considered a consistent approach for risk and control treatment plans. 
Keyword 
GRC framework, Risk management, GCPR, Encryption, Cloud solution
Introduction
The GRC framework provides an effective platform for the development of powerful businesses. The implementation of GRC includes collaboration with the department for making decisions. Collaboration is crucial and it is required for driving a clear decision structure for companies that are needed to have designated oversight with a common view of the purpose that ensures sharing of information. The main focus is to help businesses in addressing main concerns for ensuring that business meets compliance and regulatory goals. 
Literature Review
Overview of GRC Framework
Governance, risk, and compliance framework can help the organization in aligning information technology with business objectives that can help in meeting regulatory compliance and managing risk requirements. The organization strategy can help in managing governance, compliance with industry and government, and risk management. It refers to the integration of a suite of software capabilities for managing and implementing the GRC program. It is a set of processes and practices for providing a structured approach that can align with IT for ensuring business objectives. This can help the company in ensuring effective managing IT and security risks, meet compliance requirements and reduce costs (Abdullah, Labuschagne & Young, 2016). It also helps in improving performance and decision-making through integrated views that can help in managing risks of the organization. 
The GRC framework helps the organization in establishing practices and policies that can help in minimizing compliance risk. Security and IT solution are focused on leveraging timely information on infrastructure, mobile, cloud applications, and data. The GRC program should improve efficiencies, increases performance, and reduces risks along with return on investment. This is required for the development of business and this framework is required for leadership, operations, and organization for IT areas that can ensure support and enables the development of strategic objective. This required correlating information in the context of the business, control, process, and policies as well as activities that are carried out by finance, IT, and HR teams. This can help in breaking down the platform and break down silos in data and processes that comply with regulations, measure, and monitor for predicting risk events and losses. This can also help in managing the lifecycle of an artificial intelligence-driven model for improving IT controls and compliance. It can measure the impact of business requirements on the development of a policy framework. 
Figure 1: GRC Framework
Advantages of the GRC Framework
The primary advantage of the GRC framework is that it can be customized and it includes the approach for measuring, identifying, and remediating risk across the business for ensuring compliance with external regulations and internal rules. It provides with leverage software solution where users can populate data inventory with individualized custom fields, analytical grids, and custom views (Sillaber, Mussmann & Breu, 2019). The management tool can stay up to date with regulations for reducing the need for manual entry of data. Tools used are dynamic and it can help in tracking obligations, automate action supported by a flexible workplace, and helps in flagging compliance gaps. It includes capabilities that can help in increasing the productivity of the team and it eliminates human errors. The compliance tools can help in making the process easy and it involves processes that collaborate with the platform. It can help in enhancing the project management capabilities that are integrated with task management for tracking compliance activities, monitoring activities, and setting deadlines in an auditable format.

Assessment Details and Submission Guidelines Trimester March 202 2 Unit Code ICT 309 Unit Title IT GOVERNANCE, RISK & COMPLIANCE Assessment Type Individual Assessment Assessment Title Essay Writing...

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