Cоngrаtulаtiоns, yоu аre now the Technology Risk Manager for Global Operational Business, Unlimited (GoBU). They are a multinational provider, basically consultants and hardware / software distributor, for technology solutions in the financial and medical industries. The business lines—financial and medical technology—are separate divisions, and both are multinational (United States Europe primarily but not solely).You’ve been asked to review two scenarios already in their risk register, and then choose which one is most important for GoBU Senior Management to prioritize. (For guidance there's a response outline, word counts and some helpful notes below the scenarios)Scenarios to choose from:#1 (unintentional failure): For the financial services division, a burst water compressor triggers critical HVAC failures that in turn allow the primary data center in Boston to both flood and overheat at the same time. The on-site operations team evacuates because of the flooding, but the overheating also prevents automated failover to the disaster recovery site in nearby Winthrop. Until either the primary or DR site can be made functional again, GoBU’s sales representatives and solution-providing technicians cannot serve their clients in the United States. Service level agreements are likely to be violated here in the US, and GoBU’s operational resiliency is likely to face major scrutiny everywhere else.Or:#2 (cyber attack): For the medical services division, a targeted ransomware attack encrypts GoBU’s portfolio of solution offerings, recently completed and in progress, to local hospitals in the eastern half of the US. The portfolio was the lifeblood for generating revenue for GoBU’s medical services, and it also contained excerpts of patient medical records to support the use cases for GoBU’s hospital solutions.Cyber threat actors now have greater access to all of this information than GoBU has. Privacy concerns are likely to spike among GoBU customers and client patients alike, with civil lawsuits likely to follow.Address either (but NOT BOTH) of the above using this outline:Which scenario you feel is more important to mitigate, brief description of why you feel that risk is greater—where in your chosen scenario do you see greater exposure, more danger than in the other scenario? (recommend approximately 100 words)Regulatory concerns: how might applicable regulations influence your risk mitigations and incident response? (recommend approximately 200 words)Mitigation details: what controls would bring this scenario’s risks to acceptable levels set by GoBU, and how would they do so? (recommend approximately 200 words)Incident response / recovery: when your scenario does happen, what are the most important parts of responding to / recovering from that—whether the incident was cyber-relevant or otherwise—and why? (recommend approximately 200 words)Helpful notes:Entire response should be approximately 700 words; offer and support high-level answers, as opposed to overly detailed step-by-step answersThere is no right or wrong choice for scenario, only the one that matters more to youThere are no right or wrong regulatory, mitigation or response / recovery aspects; they need only to be supported by AD618 concepts
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