discussion post 163
Irrespective of the size of the business, every organization will encounter an incident that will impede its operation. Still, organizations often operate as if it is invincible to significant disasters and will have inadequate response policies and practices which are not scenario based or addresses it social responsibilities to the community. Now research the Citibank incident that occurred in 2005, where more than 3.9 million customer’s personal financial information disappeared during shipment from its Weehawken, NY facility.
Was this an unpreventable incident or did Citibank fail to implement enough safeguards to minimize the event? Why or why not? Could Citibank’s corporate culture have played a part in the incident occurrence? Why or why not? What plan was underdeveloped or not developed the incident response, disaster recovery, business continuity planning, or a combination of a few that would have aided in minimizing the incident’s impact? Elaborate. What benefits, if any, would have been gained if Citibank had developed the plan you proposed? If you were Citibanks’s CSO, what would you have done differently? What practices and procedures would you have put in place? Elaborate. How should the data have been secured, stored, and transmitted? How would you have guided the efforts of the CSIRT? If CSIRT was not needed, recommend a team that would have been more effective to prevent or remediate this incident. Elaborate.
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