Global Business

[SEM A 2024] Introduction to Cybersecurity Governance - A1

Develop a comprehensive cybersecurity strategy for EduTech Corp. EduTech Corp is an ed-tech company that has experienced a security breach affecting over 100,000 students' data.

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DETAILED INSTRUCTION

A/ ASSESSMENT RECAP

  • Objective: Develop a comprehensive cybersecurity strategy for EduTech Corp.

  • Background: EduTech Corp is an ed-tech company that has experienced a security breach affecting over 100,000 students' data.

  • Requirements:

    • Introduction: Craft an intro that provides organizational information in the context of cybersecurity (5 points).

    • Governance Mapping: Apply the COBIT 5 framework to map out governance, aligning it with the company's strategic goals (12 points).

    • Comprehensive Cybersecurity Strategy: Design a cybersecurity strategy that integrates with the business strategy and addresses governance outcomes (13 points).

B/ KEYWORD EXPLANATIONS

  • Cybersecurity Governance: Refers to the framework and set of practices used by an organization to ensure that its cybersecurity measures align with business objectives, manage risks effectively, and comply with applicable laws and regulations. It involves leadership, organizational structures, and processes that safeguard information and technology assets.

  • COBIT 5: Stands for "Control Objectives for Information and Related Technologies version 5." It's a comprehensive framework used by businesses to manage and govern their information technology (IT) resources effectively. COBIT 5 helps organizations align IT processes with business objectives, manage IT risks, and ensure compliance with relevant regulations.

  • Cybersecurity Strategy: A strategic plan that outlines an organization's approach to protecting its information and technology assets from cyber threats and risks. It includes the organization's cybersecurity goals, the roles and responsibilities of staff members in achieving these goals, and the specific actions or initiatives the organization will undertake to enhance its cybersecurity posture.

  • Strategic Initiatives: These are projects or actions taken to achieve the strategic objectives. In the context of cybersecurity, these initiatives might include implementing new security technologies, conducting cybersecurity training for employees, or enhancing incident response capabilities.

  • Governance Objective: Refers to the overarching goals or outcomes that an organization's governance framework aims to achieve. In cybersecurity governance, objectives might include ensuring the confidentiality, integrity, and availability of data, complying with legal and regulatory requirements, or managing cybersecurity risks.

  • Data Encryption: A security method where information is encoded in such a way that only authorized parties can access it. Encryption transforms readable data (plaintext) into an unreadable format (ciphertext) using an algorithm and an encryption key.

  • Access Control Measures: Security techniques that regulate who or what can view or use resources in a computing environment. These measures are crucial in preventing unauthorized access to sensitive information and ensuring that only authorized personnel have access to specific data or systems.

C/  DETAILED OUTLINE 

  1. Introduction (approx. 150 words)

  • Brief overview of the organization (EduTech Corp)

  • Mission and vision of the organization

  • Current cybersecurity threat landscape, business needs, and other contexts

Example: 

EduTech Corp is an emerging force within the educational technology sector, known for its robust learning management systems and comprehensive online platforms that cater to higher education institutions. As digital learning becomes increasingly prevalent, EduTech Corp has expanded its services, playing a vital role in transforming how educational content is delivered and consumed.

 

The organization's mission is to empower educational institutions through innovative technology solutions that facilitate effective learning and teaching experiences. Its vision is to be at the helm of education's digital transformation, ensuring that learning is accessible, engaging, and secure for all participants.

 

In the current landscape, EduTech Corp confronts an array of cyber threats, from advanced phishing attacks and ransomware to substantial breaches compromising sensitive data. These incidents highlight critical vulnerabilities within its cybersecurity defenses and emphasize the importance of a comprehensive cybersecurity strategy. Aligning this strategy with EduTech's expansion goals and business needs is imperative for the company to protect its stakeholders and maintain its trajectory towards redefining educational excellence.

 

→ You should also add in some data and literature review in this part 

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