Data Breach Incident Analysis

Write a three to five page report using your research. At a minimum, your report must include the following: 1.An introduction or overview of the problem (cyber insurance company’s audit findings regarding the company’s lack of readiness to respond to data breaches). This introduction should be suitable for an executive audience and should explain what cyber insurance is and why the company needs it. 2.An analysis section in which you discuss the following: A review of best practices which includes 5 or more specific recommendations that should be implemented as part of Padgett-Beale’s updated data breach response policy and plans. Your review should identify and discuss at least one best practice for each of the following areas:people, processes, policies and technologies. (This means that one of the four areas will have two recommendations for a total of 5.)A closing section (summary) in which you summarize the issues and your recommendations for policies, processes, and/or technologies that Padgett-Beale, Inc. should implement.
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CSIA 300: Cybersecurity for Leaders and Managers
Research Report #1: Data Breach Incident Analysis and Report
Scenario
Padgett-Beale Inc.’s (PBI) insurance company, CyberOne Business and Casualty Insurance Ltd,
sent an audit team to review the company’s security policies, processes, and plans. The auditors found
that the majority of PBI’s operating units did not have specific plans in place to address data breaches
and, in general, the company was deemed “not ready” to effectively prevent and/or respond to a major
data breach. The insurance company has indicated that it will not renew PBI’s cyber insurance policy if
PBI does not address this deficiency by putting an effective data breach response policy and plan in
place. PBI’s executive leadership team has established an internal task force to address these problems
and close the gaps because they know that the company cannot afford to have its cyber insurance policy
cancelled.
Unfortunately, due to the sensitivity of the issues, no management interns will be allowed to
shadow the task force members as they work on this high priority initiative. The Chief of Staff (CoS),
however, is not one to let a good learning opportunity go to waste … especially for the management
interns. Your assignment from the CoS is to review a set of news articles, legal opinions, and court
documents for multiple data breaches that affected a competitor, Wyndham Worldwide. After you have
done so, the CoS has asked that you write a research report that can be shared with middle managers
and senior staff to help them understand the problems and issues arising from the insurance company’s
findings and the court case against Wyndham Worldwide.
Research
1. Read / Review the readings for Weeks 1, 2, 3, and 4.
2. Research the types of insurance coverage that apply to data breaches. Pay attention to the security
measures required by the insurance companies before they will grant coverage (“underwriting
requirements”) and provisions for technical support from the insurer in the event of a breach. Here
are three resources to help you get started.
a. https://www.aba.com/Tools/Function/Documents/2016Cyber-Insurance-BuyingGuide_FINAL.pdf (see page 4)
b. https://www.travelers.com/cyber-insurance
c. https://wsandco.com/cyber-liability/cyber-basics/
3. Read / Review at least 3 of the following documents about the Wyndham Hotels data breach and
liability lawsuits.
a. https://hotellaw.jmbm.com/ftc-v-wyndham-what-every-hotel-owner-needs-to-knowabout-data-security-after-the-wyndham-case.html
b. https://hotellaw.jmbm.com/files/2015/08/FTC-v-Wyndham-Worldwide-3rd-Circuitopinion-8-24-15.pdf
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Copyright ©2017 by University of Maryland University College. All Rights Reserved
CSIA 300: Cybersecurity for Leaders and Managers
c. https://www.ftc.gov/news-events/press-releases/2015/12/wyndham-settles-ftccharges-it-unfairly-placed-consumers-payment
d. https://www.lexology.com/library/detail.aspx?g=4e7666a0-72b6-413b-b44462d07426a71c
e. https://www.lexology.com/library/detail.aspx?g=86006108-0b85-4357-a0d6a73d97d9ecbd (pay close attention to the final paragraph!)
f. https://www.lexology.com/library/detail.aspx?g=68f8a12e-a5c8-4aff-8934c7d667ab4394 (best practice recommendations!!!)
4. Find and review at least one additional resource on your own that provides information about data
breaches and/or best practices for preventing and responding to such incidents.
5. Using all of your readings, identify at least 5 best practices that you can recommend to PadgettBeale’s leadership team as it works to improve its data breach response policy and plans.
Write
Write a three to five page report using your research. At a minimum, your report must include the
following:
1. An introduction or overview of the problem (cyber insurance company’s audit findings regarding the
company’s lack of readiness to respond to data breaches). This introduction should be suitable for
an executive audience and should explain what cyber insurance is and why the company needs it.
2. An analysis section in which you discuss the following:
a. Specific types of data involved in the Wyndham Worldwide data breaches and the
harm
b. Findings of the court regarding actions Wyndham should have taken
c. Findings of the courts regarding liability and penalties assessed against Wyndham
3. A review of best practices which includes 5 or more specific recommendations that should be
implemented as part of Padgett-Beale’s updated data breach response policy and plans. Your review
should identify and discuss at least one best practice for each of the following areas: people,
processes, policies and technologies. (This means that one of the four areas will have two
recommendations for a total of 5.)
4. A closing section (summary) in which you summarize the issues and your recommendations for
policies, processes, and/or technologies that Padgett-Beale, Inc. should implement.
Submit For Grading
Submit your research paper in MS Word format (.docx or .doc file) using the Research Report #1
Assignment in your assignment folder. (Attach your file to the assignment entry.)
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Copyright ©2017 by University of Maryland University College. All Rights Reserved
CSIA 300: Cybersecurity for Leaders and Managers
Additional Information
1. To save you time, a set of appropriate resources / reference materials has been included as part of
this assignment. You must incorporate at least five of these resources into your final deliverable.
You must also include one resource that you found on your own.
2. Your research report should use standard terms and definitions for cybersecurity. See Course
Content > Cybersecurity Concepts for recommended resources.
3. Your research report should be professional in appearance with consistent use of fonts, font sizes,
margins, etc. You should use headings to organize your paper. The CSIA program recommends that
you follow standard APA formatting since this will give you a document that meets the “professional
appearance” requirements. APA formatting guidelines and examples are found under Course
Resources > APA Resources. An APA template file (MS Word format) has also been provided for your
use.
4. You are expected to write grammatically correct English in every assignment that you submit for
grading. Do not turn in any work without (a) using spell check, (b) using grammar check, (c) verifying
that your punctuation is correct and (d) reviewing your work for correct word usage and correctly
structured sentences and paragraphs.
5. You are expected to credit your sources using in-text citations and reference list entries. Both your
citations and your reference list entries must follow a consistent citation style (APA, MLA, etc.).
3
Copyright ©2017 by University of Maryland University College. All Rights Reserved

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