I’m stuck on a Computer Science question and need an explanation.
The Acquisition of Island Banking Services has moved from the strategy development phase to the integration phase. In this phase, the M&A team will develop transition and implementation plans. Padgett-Beale’s Chief Information Security Officer (CISO) has recommended that a separate Cybersecurity Management Program be established for the Padgett-Beale Financial Services (PBI-FS) subsidiary to isolate as much risk as possible to the PBI-FS organization. This management program will require the establishment of policies, plans, and procedures which are customized to the financial service industry and the operating structure of PBI-FS.
The CISO has asked you to continue supporting the Merger & Acquisition team’s efforts. Your specific tasking is to assist in developing an implementation plan for the previously developed Cybersecurity strategy (Project #1). Since there have been additional developments in the M&A strategy overall, you should pay close attention to the Background Information provided later in this document.
Using your prior work (Project 1), develop a high-level plan for implementing a Cybersecurity Management Plan that will allow PBI-FS to begin operations in its new, on-island location. (The plan for the U.S. headquarters is being developed separately from your efforts.) This plan must take into account compliance requirements for U.S. banking laws, regulations, and standards. It must also include recommendations for required security controls, replacement of outdated hardware and software, and other measures necessary to reduce risk to an acceptable level. You must specifically address measures to reduce risks associated with both insider threats and external threats and threat actors.
Note: you MUST use the implementation plan outline provided later in this document.
You may need to perform additional analysis to address issues specific to the findings from the M&A team regarding the as-is state of the purchased assets which comprise the existing IT infrastructure.
Your high-level plan should include the system development life cycle (SDLC) gates/decision points and relevant tasks required to implement changes in the company’s hardware, software, and infrastructure. See https://www.sebokwiki.org/wiki/System_Life_Cycle_Process_Models:_Vee for more information about the gates & decision points.
You must also address any systems or software interoperability issues which may arise (especially those associated with the company’s existing custom software applications). You do not need to prepare a comprehensive Interoperability Assessment but, you should identify key issues and concerns. See the following resources for definitions and guidance:
You must clearly show that you have applied the following frameworks and concepts in your analysis and planning:
Note: Make sure that you include (in detail) the steps you would take to secure the new infrastructure.
As part of the purchase agreement for Island Banking Services, Padgett-Beale made a commitment to the bankruptcy court to operate the call center and transaction processing center on the island for the next five years. The Padgett-Beale, Inc. Merger and Acquisition Strategy for Island Banking Services has been updated and now includes the following stipulations which are derived from requirements to comply with U.S. laws and regulations while also implementing the contractual agreement to continue some operations on the island.
As part of its due diligence efforts, the Padgett-Beale M&A team reviewed the existing cybersecurity posture for Island Banking Services. This review determined that, while there were some IT security protections in place, Island Banking Services never had a formal IT security program. Instead, the company outsourced management of its hardware, software, and networks to an islander owned and operated IT services company. This company installed and managed the networking equipment, firewalls, and workstations. Some workstations were used by tellers to conduct financial transactions using a web-based interface to a back-end database. The M&A team is suspicious of the existing software and databases due to the level of criminal activity that was uncovered during the police investigation into money laundering.
The M&A team also reviewed the inventory of digital assets (HW/SW/Licenses) included in the purchase of Island Banking Services. The team also reviewed existing contracts for services related to those assets. It has determined:
Figure 1. Island Banking Services IT Infrastructure (as-is).
Your plan will be a combination of a paper and a detailed list of steps and resources that you would follow to implement and complete this project. Think about all of the actions, resources, and tasks that you would need to ensure a successful implementation of the “to-be” state for the PBI-FS cybersecurity program and infrastructure. These should also be included as part of the plan. The minimum structure for this assignment is below:
grading rubric for specific content and formatting requirements for this
Your 10-12 page Implementation
Plan should be professional in appearance with consistent use of fonts, font
sizes, margins, etc. You should use headings and page breaks to organize your
paper. The listed page length is a recommended target. You should not, however,
exceed double that page count (i.e. no more than 25 pages including diagrams,
tables, and lists).
should use standard terms and definitions for cybersecurity. See Course Content
> Cybersecurity Concepts Review for recommended resources.
IT Architecture Overview diagram may be constructed using commercial clip art
but you may not copy / glue together architecture diagrams from other sources.
MS Word and Power Point both provide drawing tools and clip art which you can
use to construct your diagram. See Figure 1 in this file for an example of the
type of diagram / level of detail required.
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
You must include
a cover page with the assignment title, your name, and the due date. Your
reference list must be on a separate page at the end of your file. These pages
do not count towards the assignment’s page count.
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
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.). Note: you may use footnotes to credit sources
when doing so will improve the readability of the deliverable.
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