Assignment Question

You have been appointed as the new Risk manager for your organisation

In this capacity the senior executives of your organisation have come to you with concerns about recent reports they have seen regarding the "Wannacry virus" and the issue faced by British Airways following the failure of their IT system. Their concern has been further increased by the recent report in the guardian newspaper on 23 January 2018 with the following headline.

"The head of the UK's National Cyber Security Centre has warned that a major cyber-attack on the UK is a matter of "when, not if", raising the prospect of devastating disruption to British elections and critical infrastructure.

In remarks underlining newly released figures showing the number of cyber-attacks on the UK in the last 15 months, Ciaran Martin said the UK had been fortunate to avoid a so-called category one (C1) attack, broadly defined as an attack that might cripple infrastructure such as energy supplies and the financial services sector."

While this refers to the UK the threat of a cyber risk is global. Therefore to reassure the senior management you are required to identify the cyber risk facing your organisation and develop a risk management plan including business continuity planning for your organisation to enable the organisation to continue trading in the event of the risk occurring.

Notes

An assignment coversheet should be completed and attached to the coursework. With your matriculation number the module number FIN09904 and module name Corporate Risk Management on the coversheet.

The essay will contribute 30% of the overall assessment mark for the module.

The word count excludes contents page, appendices and references.

In the assignment you would be expected to consider the three main phases in the plan

1 pre-incident
2 during incident
3 post incident & recovery

Attachment:- hints.rar