| Section 2: Assignment Details |
| Assignment 3 Assignment 3 will consist of two tasks centered around a business case scenario. Based on this scenario you will need to prepare a presentation explaining information security to the company executive – making sure to carefully read instructions and extrapolating useful information from the scenario. In addition to this presentation, you need to prepare a supporting document, handed to the members attending the meeting, containing an executive summary of the results from a preliminary risk landscape review you performed in preparation for this meeting. Business Case Scenario: Aloe Insurance AS (henceforth referred to as Aloe) is a Norwegian financial services firm listed on the Oslo Stock Exchange. With a market capitalization of NOK 28.4 billion and an embedded value of NOK 41.2 billion as at 30 June 2019, Aloe remains one of Norway’s largest life insurers and integrated financial services companies and offers the following products and services for both individuals and companies: Long and short-term Insurance Employee benefits including healthcare and retirement provision Asset management, property management, investments, and savings Client engagement solutions, including the Aloe LEAF wellness and rewards program Aloe’s current operational strategy, as articulated in the 2018 year-end results presentation, reflects a reset and growth strategy with a focus on delivery and implementation. This is spearheaded by dynamic new leadership and operational changes from within the Aloe Group in 2018. Aloe’s strategy remains focused on client centricity, growth and excellence. Purpose and Vision Aloe’s strategy aims to generate superior shareholder returns through leading products, valuable distribution partnerships and excellent client experiences. These capabilities will enable businesses and people from all walks of life to achieve their most important financial goals and life aspirations. The result of financial wellness remains at the core of what they do. In a recent sitting of the Executive Steering Committee (ExCo), the executive of Aloe expressed concern in the growing number of cyber incidents within the financial services sector. Many of Aloe’s competitors have in recent times fallen victim to such incidents, negatively affecting operations, revenue, and brand reputation. |
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