Who should be accountable for quantifying the business impact of a potential breach of a server containing retail transactions for the last year?
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A. B. C. D.A.
In this scenario, a potential breach of a server containing retail transactions for the last year has been identified. It is essential to determine the business impact of the breach.
The responsibility of quantifying the business impact of the breach rests with the Chief Risk Officer (CRO). The CRO is responsible for identifying, assessing, and mitigating risks that could affect the organization's ability to achieve its strategic objectives. In this case, the breach of the server containing retail transactions is a risk that needs to be assessed and mitigated.
The CRO has a deep understanding of the organization's risks, including those related to information security. The CRO will have access to information about the potential impact of the breach on the organization's reputation, financial position, and regulatory compliance. The CRO can also work with other stakeholders, such as the Head of Retail, to understand the potential impact of the breach on the business operations.
While the Information Systems Security Officer (ISSO) and the Chief Information Officer (CIO) have important roles to play in managing information security risks, their responsibilities are more focused on the technical aspects of security. The ISSO is responsible for implementing and maintaining the organization's information security program, while the CIO is responsible for managing the organization's information technology infrastructure.
In conclusion, the Chief Risk Officer (CRO) should be accountable for quantifying the business impact of a potential breach of a server containing retail transactions for the last year. The CRO has the expertise and organizational knowledge to assess the potential impact of the breach on the organization's strategic objectives.