Week 11: Reading Questions & Case

Readings

1. What is the difference between risk appetite and tolerance?
2. What three types of IT risk are there? Can you give an example of each?
3. In your own words explain what occurs in each of the three processes included in the IT Risk Framework.
4. How can an organization respond to any IT risk?

The All World Airlines Case

Focus your analysis two of the five areas of risk identified by the CFO.  Ignore the questions at the end of the case. Come to class ready to discuss the two areas of risk that you choose.  Based on just your analysis would you recommend AWA continue with its plans to outsource it ALCS?  Why or why not?