CSR Analysis of Cyber Defence Project in ANZ Bank

This CSR analysis examines the cyber defence project in ANZ Bank, focusing on principles, processes, and outcomes. It discusses the benefits of cyber security solutions and their impact on the company and employees.

Running head: CSR ANALYSIS
CSR Analysis of Cyber Defence Project in ANZ Bank
Name of the Student:
Name of the University:

1CSR ANALYSIS
The Principles:
1. Principle of institutional legitimacy
The technology developed is cyber security solutions which would be welcomed by the
society as it can provide a digital protection to the business. It ensures the employees that they
are not at risk from possible threats.
2. Principle of public responsibility
Yes, the benefit of cyber security solutions is greater than the risk. The solution can
prevent the spyware from taking effects can make sure that actions of employees stay private as
well as private in the workplace.
3. Principle of managerial discretion
The work and behaviour ethical and socially responsible as it provides significant
benefits to the business. It attracts the customers to business’s products, that means boost the
sales and profits (Gupta, Agrawal and Yamaguchi 2016). It attracts the investors and keeps share
price of company at high level. Therefore, it prevents the business from takeover.
The processes:
4. Environmental assessment
Yes, right questions are asked as the cyber security project helps in process of enhanced
productivity of the business.

2CSR ANALYSIS
5. Stakeholder management
Right questions are asked to right people and targeted population for the questions is
employees those are working in the business operations of ANZ bank.
6. Issues management
Positive thinking is required to make a project work successful. It helps to prepare and
handle the problems. I have researched along with planned well and I thoroughly understand the
project requirements.
The outcomes:
7. Social Impacts
Cyber security solutions provide benefits to the company and business as it protects
network as well as data from any unauthorized access. It improves information security and
company’s credentials with security controls. The computer security keeps the network safely
and runs the productivity of employee and organization. Dishonesty of the employees will curb
as the system has 100% of confirmation that the employee is reported to work and time as it lefts
without physical monitoring (Knowles et al. 2015). It intimidates employees; therefore it ensures
that the management is related well with the employees.
8. Social programs
The system does account for the full legislation process along with compliance for the
employees as it is taught on how to utilize it. The system cannot confound person from other as it
is registered the employees electronically throughout use of fingerprints plus iris detection.

3CSR ANALYSIS
9. Social policies
The company can use of technology for enhancement awareness to the community for
adoption of system and mitigation of old book signing systems. The company is first to use of
this cloud security system as it provides positive response to their business within community for
adoption of proposed system.
References
Gupta, B., Agrawal, D.P. and Yamaguchi, S. eds., 2016. Handbook of research on modern
cryptographic solutions for computer and cyber security. IGI Global.
Knowles, W., Prince, D., Hutchison, D., Disso, J.F.P. and Jones, K., 2015. A survey of cyber
security management in industrial control systems. International journal of critical
infrastructure protection, 9, pp.52-80.