GLOBAL BUSINESS CYBERSECURITY RISKS
Imagine the following scenario: You come to work one morning, turn on the lights, and notice that someone has broken in, ransacked your office, and stolen a lot of your professional documents, including the final design for your organization’s new marketing campaign. A month later, you read in the paper that another company just came out with the very same marketing campaign your organization designed months before.
It sounds like a scene right out of a movie, but it does happen, and it’s a scenario that can happen quite dramatically on an organizational level, both domestically and globally. In this Discussion, you and your colleagues will identify trending global cybersecurity risks and examine their implications for a business.
Post an analysis of the impact of cybersecurity risk on the organization from your selected article as follows:
Provide a brief description of what happened in the situation and what the immediate impacts to the organization were. Be sure to include a link to the article in your post.
Based on what transpired, what might you expect the short- and long-term consequences of the event to be? In what ways do you think it will impact the business (and its customers, if applicable)?
Part 2: Due 7/28/23 by 6pm EST
ETHICAL AND PRIVACY CONCERNS OF DATA MANAGEMENT
In any organization, employees may encounter situations that present ethical challenges, and it is important that they be given appropriate support and guidance to ensure that they are able to act in support of the organization’s needs and priorities. For leaders, it is critical that they remain aware of such potential challenges and work to anticipate, plan for, and train their staff on how to handle these situations in accordance with the law (if applicable) as well as the company’s values. Many organizations have employee handbooks or codes of conduct to provide both general policies related to items like requesting time off or adhering to a dress code, as well as very specific policies related to the handling of company property, how to address ethics concerns or violations, et cetera. If properly supported and modeled by leadership, such codes of ethics or codes of conduct can facilitate decision making, remove any doubt about the organization’s standards and practices, and promote positive social change.
- In this Assignment, you will put yourself in the position of a senior-level IT leader of a company that functions like Facebook or LinkedIn and is in need of some policies related to ethics, privacy, and data management. You will draft an IT code of ethics or code of conduct to present to the senior leaders of your company related to employee decision making and behaviors around data management (in general), privacy concerns, and the ethical treatment of company and customer data.
- To prepare for this Assignment:
Search the web or Walden library for two or three examples of “codes of ethics” or “codes of conduct” around information technology as well as any additional articles that focus on how companies integrate codes of ethics into their business operations.
From the examples of “codes of ethics” or “codes of conduct” related to IT that you located, create a list of major themes you located that reflect appropriate, legal, ethical practices you would want to employ to bring about positive change in your organization. You will use these themes to create a draft code of ethics or code of conduct to present to your senior leadership team and get their buy-in.
Review the following resources on executive summaries:
Walden Writing Center. (n.d.). Common assignments: Executive summariesLinks to an external site.. https://academicguides.waldenu.edu/writingcenter/a…
Asana. (n.d.). How to write an executive summary, with examplesLinks to an external site.. https://asana.com/resources/executive-summary-exam…
Submit your draft code of conduct/code of ethics that reflects best practices (based on your research) related to ethical management of customer and company data for an organization. Your “code” document should be approximately 3–5 pages, not including references or a title page, and must include the following:
Introduce your draft with an executive summary in which you present a rationale for utilizing a code of ethics/code of conduct related to IT practices of data management for your organization (1 paragraph) along with a brief statement (approximately 1 paragraph) on the steps you will take as a leadership team to model this behavior for the rest of the employees and bring about positive change within your organization. (Note: Although the executive summary is the first page of your document, it is typically written last, since it is meant to provide a very concise summary of the main points of your document.)
Serving as background for your proposal, summarize your observations about the codes of conduct/ethics you reviewed online and the major themes you found in your search of these important policy statements as they pertain to the use and management of information and information systems. Be sure to include citations for the examples you reviewed in your references section.
Create a draft of your proposed code of ethics/code of conduct, being sure to cover the major themes you noted. Each theme in your code must be accompanied by a series of statements or a brief paragraph explaining what the policies are associated with that theme (or category). You are free to use your creativity and license to create details about your company, as appropriate. The object of this exercise is to identify important considerations for the leadership of your organization and to ensure that the staff will find this document useful in guiding their behavior and decision making.
Resources:
- Understanding and Identifying Cybersecurity Risks
- Cybersecurity attacks, such as the massive SolarWind threat in December 2020, can have a detrimental impact on organizations and government agencies. Cybersecurity threats are real and unavoidable, so it is critical for business leaders to have a strong understanding of what they are to be better prepared to address them. Using these resources, you will examine security threats organizations face in today’s ever-connected world.
- Bianculli, L. (n.d.). 10 common IT security risks in the workplaceLinks to an external site.. https://www.ccsinet.com/blog/common-security-risks…
Time Estimate: 9 minutes
Moschovitis, C. J. P. (2018). Chapter 1: Understanding riskLinks to an external site.. In Cybersecurity program development for business: The essential planning guide (pp. 1–8). Wiley.
Time Estimate: 14 minutes
- Moschovitis, C. J. P. (2018). Chapter 3: A cybersecurity primerLinks to an external site.. In Cybersecurity program development for business: The essential planning guide (pp. 15–46). Wiley.
Time Estimate: 62 minutes
Tunggal, A. T. (2020, October 2). What is cybersecurity risk? A thorough definitionLinks to an external site.. UpGuard. https://www.upguard.com/blog/cybersecurity-risk
Time Estimate: 5 minutes
Ethics, Privacy, and Data Management
As organizations collect, store, use, and share internal and external data, privacy and ethical considerations are key to avoid potential legal risks. Ethics are an integral part of an organization’s data management strategy.
- BBC News. (2021, April 20). Facebook downplays data breach in internal emailLinks to an external site.. https://www.bbc.com/news/technology-56815478
Time Estimate: 2 minutes
eWeek. (2020, January 31). Five data ethics considerations for 2020Links to an external site.. https://www.eweek.com/it-management/five-data-ethi…
Time Estimate: 4 minutes
Sun, Z., Strang, K. D., & Pambel, F. (2020). Privacy and security in the big data paradigmLinks to an external site.. Journal of Computer Information Systems, 60(2), 146–155. https://doi.org/10.1080/08874417.2017.1418631
Time Estimate: 36 minutes
TEDx Talks. (2019, November 13). “I have nothing to hide,” data privacy in 2020 | Nelio Leone | TEDxAmityUniversityDubaiLinks to an external site. [Video]. YouTube.
Time Estimate: 11 minutes
Uria-Recio, P. (2018, September 14). 5 principles for big data ethicsLinks to an external site.. Towards Data Science. https://towardsdatascience.com/5-principles-for-bi…