$4\mathrm{.}1.$ Question $1$

Question $1$

$20$ Marks

Study the scenario and complete the question$($s$)$ that follow:

You are leading a risk management project for a multinational technology corporation, TechVista Solutions.The company develops cutting$-$edge software solutions for various industries, including finance, healthcare,and telecommunications. TechVista Solutions recently experienced a significant cybersecurity breach thatresulted in the theft of sensitive customer data. As a result, senior management has mandated theimplementation of a comprehensive risk management project to enhance the company$$s cybersecurityposture and protect its information assets.

$1\mathrm{.}1$

Outline the key components of your risk management project plan, including its objectives, scope,stakeholders, and timeline.

$(6$ marks$)$

$1\mathrm{.}2$

Identify and analyse potential risks and vulnerabilities that TechVista Solutions may face in its operations,considering both internal and external factors.

$(6$ marks$)$

$1\mathrm{.}3$

Develop a risk assessment methodology and explain how you would prioritise and assess risks within theproject.

$(4$ marks$)$

$1\mathrm{.}4$

Propose and justify at least two risk mitigation strategies that you would recommend implementing tomitigate the identified risks and improve the company$$s cybersecurity resilience.

$(4$ marks$)$

End of Question $1$