Senior management at Health Network allocated funds to support a risk mitigation plan, and have requested that the risk manager and team create a plan in response to the deliverables produced within the earlier phases of the project. The risk mitigation plan should address the identified threats described in the scenario for this project, as well as any new threats that may have been discovered during the risk assessment. You have been assigned to develop this new plan.
Please provide references
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The mitigation plan will also include a data management plan that can help Health Network gain beneficial insights from it. The plan will include a strategy for organizing the company’s data that will ensure that its large volume of data is properly handled. The risk mitigation plan of Health Network will also address how to reduce the risk that may be caused by third parties that the company deals with. In this context, the risk mitigation plan will address the issue of the selection of third-party vendors (Ah Zahid, Inayat, Daneva, & Mehmood, 2020). This includes recommending the vetting of the vendors to ensure that their values and those of the organization are aligning in terms of data privacy and risk management.
