Cyber Security Question
Assignment Title: Evaluate IT Companies’ Innovation, Investment, and Risk Calculation Books and Resources • • Blank, L., & Tarquin, A. (2018). Engineering economy (8th ed.). McGraw Hill. Read Chapter 19, pp. 538-554. Vernimmen, P., Quiry, P., Dallocchio, M., Le, F. Y., & Salvi, A. (2017). Corporate finance: Theory and practice (5th ed.). Wiley. Read Chapter 40, pp. 730-745. Instructions The CEO has asked that you develop an information paper that outlines risks associated with investing in both emerging technologies and current IT sustainment activities in line with the strategies applied by the top companies in the IT industry. You will do primary and secondary research on how at least three other companies in the IT industry invest in current and emerging technological development. Include the following items in your information paper: • Describe best practices for strategic investment in both emerging and sustaining technologies. • Describe probability techniques for analyzing investment risk, to include random samples, mean and standard deviation, probability distribution, and Monte-Carlo simulation. • Include industry best-practices for investing in new or emerging technology. • Identify common investment approaches applied by IT-focused venture capital firms. • Identify hardware installation and costs for upgrades to existing technologies. • Provide software licenses. This includes cloud and hosting services as well as programs used for both current and new systems. • Consider investment considerations for migrating to Cloud Services (the breakdown of what these are and their annual costs) • Ensure IT infrastructure maintenance and sustainment. • Ensure IT staff training for integrating new technologies. • Determine cybersecurity financial risks or costs associated with new technologies. • Determine costs associated with reverse compatibility with legacy systems. • Describe possible sources of investment funding to include shareholders, corporate and government bonds, loans, and reutilization of existing cash flows. Length: 5 to 7-page information paper. Page count does not include title page, references, or figures. References: Include a minimum of 2 scholarly resources that describe innovative investment strategies in at least one industry or corporation. The completed assignment should address all the assignment requirements, exhibit evidence of concept knowledge, and demonstrate thoughtful consideration of the content presented in the course. The writing should integrate scholarly resources, reflect academic expectations and current APA standards. Notes: Assignment will be submitted via Turnitin.
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