Question $2[30$ marks$]$

$2\mathrm{.}1$

Based on the case study, identify and explain two significant cybersecurity threats that MBK faces. Discuss how these threats exploit vulnerabilities in the bank's existing security measures; $(10)$

$2\mathrm{.}2$

Evaluate MBK$$s current data privacy policies concerning POPIA. Propose two specific changes or enhancements to the policy that could have mitigated the breach. Justify how these changes would improve compliance and protect customer data; $(10)$

MBA$5945$

OCTOBER$/$NOVEMBER $2024$ EXAMINATION

$5$

$2\mathrm{.}3$

Considering the issues related to single$-$factor authentication, propose an improved IAM strategy for MBK$.$ Identify one IAM enhancement that could help prevent similar breaches in the future. Explain the rationale behind this enhancement and its potential impact on MBK$$s cybersecurity.