Question: Course Outcomes Interpret the law to devise a valid and ethical solution to a problematic workplace scenario and then present your case and the solution

Course Outcomes Interpret the law to devise a valid and ethical solution to a problematic workplace scenario and then present your case and the solution to the scenario using multimedia. Program Outcomes Demonstrate knowledge of numeric measurements within the business environment to make informed decisions. Institutional Outcomes Information Literacy and Communication - Utilize current technology and resources to locate and evaluate information needed to accomplish a goal, and then communicate findings in visual, written and/or oral formats. Relational Learning - Transfer knowledge, skills and behaviors acquired through formal and informal learning and life experiences to new situations. Thinking Abilities - Employ strategies for reflection on learning and practice in order to adjust learning processes for continual improvement. Community and Career - Participate in social, academic, and professional communities for individual growth and to function as a citizen of a multicultural world. Scenario Laguna Productions, Inc., is a multi-media entertainment corporation located in Los Angeles that employs 200 people, and it is incorporated in the State of California. Laguna Productions is publicly traded, and the majority shareholders are CEO Charles Encatre (40% shareholder) and his four partners (each who each 5% shareholders), all of who comprise the Board of Directors. After three years in existence, Lagunas media products have been selling well and the Board of Directors is interested in expanding operations to include a New York City office location. In its role as an employer, seller of media products, and selling of shares on the public stock exchange, Laguna Productions holds Personal Identifying Information (PII) related to bank accounts, credit cards, email addresses, social security numbers, and other personal information on its employees, customers, and public shareholders. CEO Charles Encatre is unsure of what are the companys legal obligations to its employees, customers, and shareholders if PII is stolen in a cyber-attack under federal law, California state law, and under New York state law. In light of recent cyber-attacks and intrusions into publicly traded companies, Laguna Productions consulted with a cyber security expert, who conducted an internal evaluation of the companys vulnerability to a cyber intrusion. After review, the cyber expert recommends the expenditure of at least $1 million in security software programs to ward off a cyber-attack. The CEO is willing to make this expense, but the other four board members are not willing to invest a lot of money to defend Laguna Productions computer system. As one opposing board member put it, Its a valid business decision to accept the risk. You have been hired as a Security Consultant to provide recommendations to Laguna Production on the laws and regulations on how to deter cyber breaches. Week 3: Identify any applicable federal, California, and New York state laws imposed on businesses when PII is stolen Determine whether the board members sentiment that not purchasing the $1 million in software security is an acceptable risk? Make a compelling argument as to whether or not a shareholder vote is needed to implement a $1-million-dollar security software program. Make sure to justify your reasoning.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!