Risk Management

Read the 2018 New York Times article, Facebook and Cambridge Analytica: What You Need to Know as Fallout Widens (https://www.nytimes.com/2018/03/19/technology/facebook-cambridge-analytica-explained.html )involving Cambridge Analytica and Facebook as a case study that you should use to base for your answers to the three questions posed below. Use the tools introduced in this lesson to assess the risk to the United States election system:

Bottom Line Up Front: In a BLUF or by mathematical equation estimate a value at risk proposition with regard to the current state of data privacy and integrity on social networking platforms such as Facebook and the vulnerability that exists with this data to exploitation by foreign governments.
How would this value proposition change if rather than Cambridge Analytica doing the exploitation and foreign governments merely making use of what’s available to attempt to influence elections, that the nation-state actors instead begin the conduct of targeted cyber operations?
With operations aimed at far more than merely influencing but actually breaching our election systems and compromising our elections as a future state?
Mention and apply the three variables associated with Value @ Risk in your answer.

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Complete a Risk – Consequence – Action Matrix: the Risk Framework, based on the above scenario in which the two independent variables are the US government action and nation states conduct of cyber operations targeting our election systems. Clearly note action is on which axes.
Complete the cells in the framework. These cells are the consequence of the convergence of the two actions.
Explicitly identify the cell in which the precautionary principle occurs remembering the principle reflects pre-emptive action that may have costs and countervailing risks.

Risk-Consequence-Action Assessment







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