Risk Management report on data breach at Target

Number of Words : 2417

Number of References : 10

Assignment Key : TRR-18776

Contents

  • Content for this assignmentThis report is based on the following requirement -
  • Content for this assignmentThe data breach at Target was significantly broader than originally reported: the company said Friday that 70 million customers had information such as their name, address, phone number and e-mail address hacked in the breach.
  • Content for this assignmentTarget said the personal data stolen could affect its past shoppers -- not just those who have visited the store recently.
  • Content for this assignmentthe breach occurred in the weeks following Thanksgiving when as many as 40 million customers may have also had credit or debit card information stolen. A Target spokesperson said there may be overlap b/t the two groups, but they do not currently know the extent.
  • Content for this assignmentTarget said it would try to reach customers for whom it has e-mail addresses to inform them of the breach. It cautioned that it would not ask customers to provide any personal information and warned customers not to respond to any e-mail claiming to be from Target.
  • Content for this assignmentTarget: Hacking hit up to 110 million customers - Jan 10 2014. Target: Hacking hit up to 110 million customers - Jan. 10, 2014. ONLINE Available at: 
  • Content for this assignmenthttp://money.cnn.com/2014/01/10/news/companies/target-hacking/
  • Content for this assignmentTASK 1
  • Content for this assignmenta) Define risk management , risk identification , and risk control
  • Content for this assignmentb) Describe how target could have used risk management and security planning in order to reduce or avoid security attacks from taking place
  • Content for this assignmenti) A discussion potential consequences of not planning for security risks
  • Content for this assignmentii) A discussion of the information needed to make the decision security decision;
  • Content for this assignmentTASK 2
  • Content for this assignmentProvide an overview of the suggested approach for the security systems development life cycle (SDLC) 
  • Content for this assignmentThis should include:
  • Content for this assignmenti) A diagram of the life cycle for the approach;
  • Content for this assignmentii) A brief overview of each phase in the life cycle;
  • Content for this assignmentiii) A listing of the principles associated with the approach;
  • Content for this assignmentiv) A brief overview of the techniques used in the approach.
  • Content for this assignmentResearch & Presentation:  
  • Content for this assignmentYour work should be word processed and presented in the form of a report ( 2000 words). Credit will be awarded for good presentation (e.g report is well structured and work has been spell checked, etc.) You must support your answers for TASK 1 to 2 by referring to appropriate literature. Credit will be awarded for the range of reference sources consulted, how well they are used within the report and the correct use of the Harvard System of Referencing.

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