RISK MANAGEMENT MATRIX Team C 17 June 20 RISK MANAGEMENT MATRIX NAME  Sony OBJECTIVE REF/ID PRE-MITIGATION DEPARTMENT / LOCATION MITIGATIONS / WARNINGS / REMEDIES POST-MITIGATION RISK RISK SEVERITY RISK LIKELIHOOD RISK LEVEL RISK SEVERITY RISK LIKELIHOOD RISK LEVEL ACCEPTABLE TO PROCEED? 1 Sony Malware Intolerable Possible High IT Check the system frequently. Look for anything suspicious ACCEPTABLE IMPROBABLE LOW YES 2 Computer system was not compartmentalized Intolerable Possible Medium IT Have Information in separate compartments ACCEPTABLE IMPROBABLE LOW YES 3 Loss of Employee Data,IP, Documents & Email UNDESIRABLE PROBABLE HIGH TOLERABLE POSSIBLE MEDIUM YES 4 Data Stolen/leaked INTOLERABLE Possible EXTREME UNDESIRABLE PROBABLE HIGH NO 5 Spam INTORERABLE POSSIBLE HIGH IT Develop anti-spamtechniques ACCEPTABLE POSSIBLE HIGH 6 Security risks INTORERABLE   POSSIBLE HIGH  IT  HIGH 7 vulnerabilities INTORERABLE POSSIBLE MEDIUM IT TORELABLE POSSIBLE MEDIUM 8 Cyber risk  UNDESIRABLE POSSIBLE  HIGH  IT Develop options and actions to enhance opportunities and reduce threats  UNDESIRABLE POSSIBLE  HIGH  Project 1Project 2 The project relates to material covered in Chapter 2. Please post generic questions to the discussion board office forum orName: TYPE in your name heree-mail me if you have a specific question and are unsure if it should be posted to the discussion board.Submit your completed project by uploading your solution using this Excel Template to the project 1 assignment area . Make sure you type in your name in cell A2 and save your file with the first initial of your first name, last name, and title of project.You will be graded on the accuracy of your answer and the usage of excel.Requirements 2-4 requires the usage of excel cell referencing and developing 2 charts.The project solution is worth a total of 10 pts. I will take off 5 pts. if you do not use the excel application appropriately.I have a demonstration exercise that demonstrates the development of the statements, which you can access by goingto the Chapter 2 folder. The requirements below are a little bit different than my demonstration problem and textbook,but there are a lot of similarities. We have to realize that real life is not a textbook project. You should use this worksheet as your as your data reference sheet. In the web links area of our course I have excel tutorials you may find helpful, but feel free to ask questions in the office forum on Excel. I do not pre-grade, so if you email me make sure it is a specific question and not asking for me to review your solution.If you are using Excel 2013 or 2016, please make sure your file is compatible with Excel 2010 by saving in Excel 2010.Objectives of Project 21. Analyze and classify product and period costs.2. Develop the Cost of Goods Manufacturing statement for a manufacturing company.3. Develop comparison charts.4. Evaluate the costs of the ...

1. RISK MANAGEMENT MATRIX
Team C
17 June 20

2. RISK MANAGEMENT MATRIX
NAME
Sony
OBJECTIVE
REF/ID
PRE-MITIGATION
DEPARTMENT / LOCATION
MITIGATIONS / WARNINGS / REMEDIES
POST-MITIGATION
RISK
RISK SEVERITY
RISK LIKELIHOOD
RISK LEVEL

3. RISK SEVERITY
RISK LIKELIHOOD
RISK LEVEL
ACCEPTABLE TO PROCEED?
1
Sony Malware
Intolerable
Possible
High
IT
Check the system frequently. Look for anything suspicious
ACCEPTABLE
IMPROBABLE
LOW
YES
2
Computer system was not compartmentalized
Intolerable
Possible
Medium
IT
Have Information in separate compartments
ACCEPTABLE
IMPROBABLE
LOW
YES
3
Loss of Employee Data,IP, Documents & Email
UNDESIRABLE
PROBABLE
HIGH
TOLERABLE
POSSIBLE

4. MEDIUM
YES
4
Data Stolen/leaked
INTOLERABLE
Possible
EXTREME
UNDESIRABLE
PROBABLE
HIGH
NO
5
Spam
INTORERABLE
POSSIBLE
HIGH
IT
Develop anti-spamtechniques
ACCEPTABLE
POSSIBLE
HIGH
6
Security risks
INTORERABLE
POSSIBLE
HIGH
IT
HIGH
7

5. vulnerabilities
INTORERABLE
POSSIBLE
MEDIUM
IT
TORELABLE
POSSIBLE
MEDIUM
8
Cyber risk
UNDESIRABLE
POSSIBLE
HIGH
IT
Develop options and actions to enhance opportunities and
reduce threats
UNDESIRABLE
POSSIBLE
HIGH
Project 1Project 2 The project relates to material covered in
Chapter 2. Please post generic questions to the discussion
board office forum orName: TYPE in your name heree-mail me
if you have a specific question and are unsure if it should be
posted to the discussion board.Submit your completed project
by uploading your solution using this Excel Template to the
project 1 assignment area . Make sure you type in your name in
cell A2 and save your file with the first initial of your first
name, last name, and title of project.You will be graded on the
accuracy of your answer and the usage of excel.Requirements 2-
4 requires the usage of excel cell referencing and developing 2
charts.The project solution is worth a total of 10 pts. I will take

6. off 5 pts. if you do not use the excel application appropriately.I
have a demonstration exercise that demonstrates the
development of the statements, which you can access by goingto
the Chapter 2 folder. The requirements below are a little bit
different than my demonstration problem and textbook,but there
are a lot of similarities. We have to realize that real life is not
a textbook project. You should use this worksheet as your as
your data reference sheet. In the web links area of our course I
have excel tutorials you may find helpful, but feel free to ask
questions in the office forum on Excel. I do not pre-grade, so if
you email me make sure it is a specific question and not asking
for me to review your solution.If you are using Excel 2013 or
2016, please make sure your file is compatible with Excel 2010
by saving in Excel 2010.Objectives of Project 21. Analyze and
classify product and period costs.2. Develop the Cost of Goods
Manufacturing statement for a manufacturing company.3.
Develop comparison charts.4. Evaluate the costs of the
production and operations.Grading Rubric for Project 2Possible
pointsRequirement #1-.1 each classification and .25 for
calculated amounts3Requirement #2COGM--.10 each1.2Each
Calculation 1-6(.5 each) 3Requirement #3Charts - 1 pt.
each2Comment on each chart (.15 each)0.3Requirement #4 (#1
worth .1 pt. and #2 and #3 each worth .2 pts.)0.5Total points
possible10A deduction of 5 pts. if cell references are not used
on requirements 2-4Data and requirements for Project 2:This
company makes a single product.The following information has
been taken from the company's production, sales, and cost
records for the month.The ?? Areas will need to be calculated as
you move through the requirements for this project.Production
in units29,000Sales in units??Beginning Finished Goods in
Units0Ending Finished goods in units??Total Sales in
dollars$700,000Unit selling price$25Beginning of the
monthEnd of the monthInventories:Raw
Materials$13,000$12,000Work in
process$30,000$28,000Finished goods$0??Costs:Direct
labor$80,000Advertising Expense$70,000Indirect production

7. labor$6,950Raw materials purchased$130,000Building
rent(production uses 82%
of the space, administrative and sales
offices uses the rest of the space)$35,000Utilities,
Factory$32,000Royalty paid for use of production patent, $2.35
per
unit produced??Maintenance, factory$20,000Rent for special
production equipment,
$3,000 per month plus $.20 per unit produced??Selling and
administrative Salaries$140,000Utilities, selling and
administrative$20,000Part time janitor in the
factory$11,000There are 4 requirements to this
project.Requirement #1: Use the scenario above to fill in the
chart below with the applicable information. A cost item can
affect multiple areas. You are making your calculations based
on this month's production and sales.Total each of the columns
after you have assigned all the costs to the applicable
column(s)I have entered the Direct labor to help get you started.
Also, the selling and admin. Costs have been combined into one
column.Product costsPeriod CostCost itemDirect
MaterialsDirect
LaborManufacturing
overheadPrime
costsConversion
CostsSelling and Administrative
ExpensesDirect labor$80,000$80,000$80,000Advertising
ExpenseIndirect production laborRaw materials used
Cindy Nye: Guidance:
When determining product costs you should include those costs
that are used in production. You must calculate materials used
and not material purchased for your calculation of product cost,
since a portion of the materials purchased are still in raw state.
The calculation here should match the material used your
compute on the COGM statement.Calculated amountBuilding
rent(production uses 82%

8. of the space, administrative and sales
offices uses the rest of the space)Calculated amountUtilities,
FactoryRoyalty paid for use of production patent, $2.35 per
unit producedCalculated amountMaintenance, factoryRent for
special production equipment,
$3,000 per month plus $.20 per unit producedCalculated
amountSelling and administrative SalariesUtilities, selling and
administrativePart time janitor in the factoryTotalsRequirement
#2:Use the information in requirement #1 and the data given
above requirement #1 to complete the Schedule of Cost of
Goods Manufactured.I have set up a separate worksheet for you
to develop your COGM statement. Look at the sheet tab
COGM. Use exhibit 2-7 on page 45 as your model .Also
calculate the following on the COGM worksheet using cell
references: 1. Computation of Cost per unit: COGM/units
produced2. Calculate the number of units that were sold3.
Calculate the number of units in the finished goods inventory at
the end of the month4. Calculate the cost in ending finished
goods inventory at the end of the month.5. What is Cost of
Goods Sold(COGS)?6. What is Income before taxes?You
should not type any number into a cell on the Schedule of
COGM or your calculations for 1-6. Requirement #3:Prepare 2
doughnut charts. I have a tutorial in the chapter 2 folder to
assist you and developing a chart.One chart should compare the
total product costs to the total period costs, and another chart
should comparethe three types of product costs. Insert these
charts on separate sheets and comment on each of your chart
results on the comment worksheet.I have prepared a doughnut
chart comparing sales and advertising costs so that you can use
the process asa guide to prepare the 2 charts I have asked for. I
have found from past experience that some students are not
familiar with how to prepare a chart in excel. If you are having
problemswith the charts, please post questions to the discussion
board. A key to your success is setting up the data you want in
your chart like I did in the blue area below. Make sure you
have the labels in the left column and in the next column the

9. applicable $ amount. Comment:Sales$700,000Based on the
comparison in the chart of sales to advertising we can see that a
small percentage isAdvertising$70,000going towards
advertising. The company seems to have this cost under
control, but may want tolook at opportunities that could show
an increase in sales based on increased advertising.Requirement
#4:Based on the current economic pressures, the company has
decided to eliminate the part time janitor and the cost of that
position and have the production workers clean up the area.
Answer the following question:1. What will be the new
COGM? 2. What is Cost of Goods Sold(COGS)?3. What is
Income before taxes?If you have used only cell references on
your COGM statement you should only have to eliminate the
figure in requirement #1 andthe COGM statement will change
automatically along with the other questions asked for on the
COGM worksheet. Make sure you change the information back
to the original information before submitting.Answer
Requirement #4 on the Comments worksheet
COGMCompany, Inc.Schedule of Cost of Goods
ManufacturedFor the Month ended May 31, 2017Make sure you
are using cell references and not typing in the numberDirect
materials:Beginning Raw materials inventory,May 1Add:
Purchases of MaterialMaterials available for useDeduct: Ending
Raw materials, May 31Raw materials used
Cindy: Guidance:
This number should match with what you have as the material
used in Requirement #1.
Direct laborManufacturing overhead: List out each MOH
belowTotal Manufacturing overheadTotal manufacturing costs
Add: beginning work in processSubtotalLess: Ending work in
processCost of Goods Manufactured1. Computation of Cost per
unit: COGM/units produced2. Calculate the number of units
that were sold3. Calculate the number of units in the finished
goods inventory at the end of the month

10. Cindy Nye: Guidance:
Ending finished goods is calculated by adding beginning
finished goods+units produced-units sold
Cindy: Guidance:
Click on the cell and you will not see a number, but a cell
reference. So I can change the data field and my statement will
automatically change. That is why we use excel, so we can
automatically change data and all the linked statements will
change automatically.4. Calculate the cost in ending finished
goods inventory at the end of the month.5. What is Cost of
Goods Sold(COGS)?6. What is Income before taxes?
Sales and Adv. Chart
Comparison of sales to advertising
Sales Advertising 700000 70000
CommentsRequirement #3 comment on both chart
results:Requirement #4:Based on the current economic
pressures, the company has decided to eliminate the part time
janitor and the cost of that position and have the production
workers clean up the area. Answer the following questions (do
not use cell referencing for this requirement, since you should
convert back to the original data):1. What will be the new
COGM? 2. What is Cost of Goods Sold(COGS)?3. What is
Income before taxes?If you have used only cell references on
your COGM statement you should only have to eliminate the
figure in requirement #1 andthe COGM statement will change
automatically along with the other questions asked for on the
COGM worksheet. Make sure you change the information back
to the original information before submitting.

11. Sony Risk Management
What is Risk Management
It is the process of looking at potential sources of disruption to
your supply chain that can create financial and physical
damage.
It would involve the business and the supply chain leaders
evaluating the assessment and fix the weaker points and doing
their best to prevent the risk from happening in the future.
Risks
Disgruntled employees
Careless or Uninformed Employees
Mobile Devices
Cloud Applications
Unpatched or Unpatchable Devices
Third –Party Service Providers
Disgruntled Employees
Risk
Internal Attacks
Access to networks
Data Centers
Passwords
Viruses
Stealing Funds or Trade secrets
Sabotaging Data
Prevention
Control Access
Setting up permissions
Monitoring access

12. Careless or Uninformed Employees
Risk
Uniformed Employees
Data Breaches
Bad understating of policy
Bad Training
Weak Passwords
Visit to Unauthorized Sites
Click on Suspicious Emails or attachments.
Prevention
Provide employees with security best practices
Hold Regular Training
Send emails with current trends on threats
References
https://www.lojistic.com/blog/the-importance-of-optimizing-
your-supply-chain-with-risk-management
https://www.cio/article/2872517/data-breach/6-biggest-
business-security-risks-and-how-you-can-fight-back.html