Prepare a case study-NEW YORK CITY TEACHERS’ RETIREMENT SYSTEM

Prepare a case study-NEW YORK CITY TEACHERS’ RETIREMENT SYSTEM

Read the case and answer the questions.

What are the main risks that have been identified and discussed in the board meeting? (5 points)

From your perspective which additional cyber risks is TRS exposed to? (5 points)

What are the threats from e-mail phishing attacks and which controls and strategies have been suggested in the board meeting? (15 points)

From your perspective are the controls/strategies suggested by TRS risk management effective for phishing e-mails? Would you do anything differently? (15 points)

What is wrong with having an external auditor take 5 years to conduct an audit? (10 points)

List 3 controls that you would suggest to improve cyber security at TRS as well as which risks they are expected to mitigate and the cost effectiveness of each control. (15 points)

a) Suggest loss data collection strategies for cyber risk at TRS. (15 points)

b) Describe KRIs and KPIs that you would potentially put in a dashboard for cyber risk reporting and for use by top management. (20 points)

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