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Risk Management Compliance

Risk Management Compliance

One problem in the scenario regards the likelihood of minimal training materials and support on using the software, considering that the new application’s vendor is relatively

new. The organization is introducing cloud technology, necessitating the health care providers, administrators, and patients to be trained on using the new application. This problem affects the health care providers, administrators, and patients who might need training and support on how to apply the new application.

The organization needs to take several risk management and compliance considerations while selecting new technology. First, the new application might impact the organization’s key business operation processes. According to Gupta et al. (2017), implementing new technology necessitates organizations to restructure their business processes, organizational structure, and job roles and functions. Primarily, the integrated new application does not work in isolation but impacts other systems during integration, resulting in unexpected results and loss of data integrity. Therefore, the organization must consider how the new application might impact its vital business processes, job roles, and organizational structure before fully integrating.

Second, the new application must be customized to meet country-specific practices and regulations for tax requirements, accounting, and human resource management. Gupta et al. (2017) observe that integrating new technologies and systems might have challenges regarding processes and data input and output due to incompatibilities between organizational requirements and the new software’s functionality and regulatory requirements. Last, the organization must consider the risk of challenges relating to attempts to connect diverse databases if there are no clear and concise plans and executive support defining the new application’s requirements regarding processes, people, infrastructure, and financial resource requirements.

Reference

Gupta, M., Sharman, R., Walp, J., & Mulgund, P. (2017). Information Technology Risk Management and Compliance in Modern Organizations. Hershey, Pennsylvania: IGI Global.

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Question 


Risk Management Compliance

Risk Management Compliance

Read the following scenario.

Your company has implemented a new application for general use by healthcare providers, administrators, and patients. The software is a vendor-hosted application using cloud technology. This is the first time cloud technology has been introduced to the organization, and the vendor is relatively new. Training materials and support might be minimal because the vendor is new. Your company has asked you to determine the risk management and compliance issues this new product may present to the organization.

Complete the table below for the scenario provided.

Include the following in the table:
• Identify at least one problem presented in the scenario.
o What is the issue?
o Who does it affect?
• Explain the risk management and compliance considerations that need to be taken while selecting new technology.

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