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Elizabeth Chan is the CEO of a one year old electronics company. The company designs, develops and manufactures printed circuit board and assembly requirements, cables and wiring harnesses this is Elizabeths own invention and it is a small but important component for many large businesses. Elizabeth is an engineer but she has no modern technical understanding of IT security issues. Elizabeth has had no problems with IT Security until very recently when the Companys network was subject to a series of attacks. In the period of 3 days, the companys website was defaced, a serious virus infected the company e-mail and large quantities of data were corrupted. Elizabeths IT security risk management concerns are wide ranging. She needs to determine whether the same hackers are likely to hack the company again. She believes the recent attacks suggest the hackers were interested in either proprietary theft of sensitive information for personal and/ or financial gain or, to disrupt the affected company in such a way as competitors have an edge. There is also an evidence of a previous disgruntled employee planning for revenge against Elizabeth. Elizabeth knows that current security policy has several weaknesses and needs to be rewritten.Elizabeth has become very worried about cyberterrorism and is concerned about becoming a victim of e-crime. After discussing with the Executive committee, she appoints you as a Chief Information Security Officer (CISO). As a first step, current security policy has to be reviewed and updated. Secondly, a through Business Impact Analyses (BIA) of the current threats should be made and based on the analysis a comprehensive Information Security Management Plan needs to be created. Thirdly, a Forensic Readiness Plan should be developed so as to be prepared for possible action against the hackers who have been attacking this company. Task: 1. Based on the above information, use your own imagination to come up with a company structure. 2. Analyse the companys existing Information security policy. (Assume that the current policy is not very effective). Evaluate the gaps and provide an overview of suitable security policy for your CEO. Include the major sections of the proposed policy document. 3. Identify the threats the company currently facing and how these threats can be managed. Your discussion can be categorised under the broad categories of people, process and technology. 4. Based on the evaluation of the above threats, prepare a Business Impact Analysis (BIA). 5. Based on any one Industry Standards (for example, ISO or NIST) or Government Standards develop a comprehensive security management plan.6. Finally, illustrate the legal and ethical issues will your client face if the data in her databases or files is lost or damaged? Provide details of the broad categories of Federal and South Australian criminal legislation can be used to prosecute hackers and computer criminals in South Australia. Advise how your client can ensure her organisation is forensically ready for possible action against intruders to company network

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