Now that you have categorized the risks, it’s time to consider risk management for virtual currency. Begin the process of addressing those risks from a strategic response perspective. What direction will be taken in the event of one or more of the identified risks occurring?
This brief, two- to three-page report is an integral part of the Virtual Currency Applicability Report. It is not intended as a play-by-play procedures’ manual in the event of a breach. It is intended, as is the final report, as an overview of a strategic response should risk mitigation be required.
Submit the Virtual Currency Risk Mitigation Strategy for approval and proceed to the final series of steps to complete the Virtual Currency Applicability Report.
Submission for Project 3: Risk Mitigation Strategy
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