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Business Plan on Cyber Security Field

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Added on  2023/06/18

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This business plan discusses the concept of cyber security and digital forensics, business overview, safety and security policy in cybersecurity, ethical, regulatory and legal phenomena, technological phenomena, impact on customers and organization, technical and non-technical risks, and contingency plans.

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Business plan on cyber security
field

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Table of Contents
Introduction
Concept of Cyber Security and Digital Forensics
Business overview
Business plan of safety and security policy in Cybersecurity
Purpose of report
Main body
Analyse ethical, regulatory and legal phenomena in business proposal
Analyse technological phenomena in business proposal
Impact of the proposal on customers and organization
Technical and non-technical risks
Contingency plans considering risk management and secure systems architecture
Conclusion
Findings
Recommendation
References
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Introduction
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Concept of Cyber Security and Digital Forensics
Cyber security can be defined as the computer security which protects the technical
devices either hardware or software from various vulnerabilities which enters via
internet or networks. This results in the data theft or data breach which misdirects or
misleads the owner of data in a drastic manner. Therefore, cybersecurity takes care of
the technology from implementation to the maintenance of it so that any cyber crime or
cyber theft cannot enter in an organization. Basically cybersecurity saves the application
and processes along with the systems and networks which is followed by the programs
and devices and data from cyber attacks. Its target is to decrease the risk of cyber attacks
in order to protect against any unauthorised systems exploitations. Digital forensics can
be defined as the study of forensic science whose aims is to encompass the recovery and
the research of any thing found in the technical devices specifically associated with the
computer crime. It is basically the application of information technology which research
about the procedures for a ethical and legal targets which includes the examination of
digital evidences. It uses various tools and techniques in order to find out the computer
crime such as fraud, illicit use and many more. It has different phases through which the
whole process is based on such as identification and preservation along with the analysis
and documentation which is followed by the presentation (Berry and Berry, 2018).

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Reason why to do business in Leicester
This is one of the reason to do business in Leicester that it will be beneficial of the
firm to gather attention from more clients as this place is close to the client's
requirements and needs for better servicing nature of the information security
consultancy firm.
Moreover, this is an another reason to do business in Leicester that it is nearest to
central city which means that central city has the attraction of large number of
business firms which actually require the servicing of information technology in terms
of safety and security plans of technology the business has adopted.
Furthermore, this is also an another reason to do business in Leicester that it has good
number of target competitors which helps the company in analysing the situation and
unique selling proposition in order to gain the competitive advantages in the city and
more.
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Business overview
Chosen organization is Tesco which one of the leading international super market
company specifically in retail sector headquartered in United Kingdom and established
in 1919. its products and services includes the groceries, clothing, food, home
appliances, electronics, credit card services, financial services and many more. They are
also up to the online shopping as well due to the current scenario of Covid-19 pandemic,
online services are more in demand and therefore, they want to establish the safety and
security policy in an organization in the form of cyber security. Currently they are
facing the issues in data management because of the big data they are handling of a lots
of customers along with the employees and other stakeholders as well. Moreover, they
also want to install a proper cyber security system so that they can not only save their
private data but also other crimes related to the internet and networks such as website
maintenance and many more. Furthermore, they are also facing the problem of training
and development of employees in context of technology so that employees can get
awareness about the cyber crime and cyber security for better functioning within
organization. Hence, business plan for cyber security is highly required by the
organization so that they can manage their operations in an effective and efficient
manner (Limba, Plėta, Agafonov and Damkus, 2019).
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Business plan of safety and security policy in Cybersecurity
Tesco requires the cyber security policy and a proper business plan so that they
can easily implement and follow the same. It is important for the company to
execute the necessary plans only which can help them in an effective manner
but not those plans which are not of use. Such as Tesco is requiring the data
management and security plan along with the internet surfing safety plan such
emails or fraud websites. Moreover, the plan of access control and training and
development to employees as well (Aldawood and Skinner, 2019). Business plan
for cybersecurity includes the setting of password requirements and outlining of
email security measures along with the explaining that how to handle sensitive data and
setting rules around handling technology which is followed by setting standards for
social media and internet access so that preparation of an incident can be done in order
to keeping up the policy up-to-date which is related to the data and internet security and
management. Moreover, it also involves the authentication and authorization of data,
such as in the form of encryption and description. Password management and regular
updates are highly required along with the access control techniques so that the whole
process can be efficient within budget. Plan has the ability to identify and prevent the
any abnormal things so that detection of any fraud can be found out in order to respond
and recover the loss by formulating solid framework for the organization.

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Purpose of report
The following discussion is based on the concept of cyber Security and digital
forensics along with the business overview in context of Tesco and business
plan of safety and security policy in cybersecurity under the introduction part.
Analysing ethical, regulatory and legal phenomena in business proposal and
analysing technological phenomena in business proposal along with the impact
of the proposal on customers and organization which is followed by the technical
and non-technical risks and contingency plans considering risk management
and secure systems architecture is also covered under the main body part.
Findings and recommendation are also discussed under the conclusion part. All these are
the purpose of report which is carried out for better formulation of the business plan for
Tesco. Such purposes will help the company in gaining the strategies on how they
further maintain their operations and management along with all their internal as well as
their external stakeholders. This is because outlining the business plan with processes
and tactics are essentially supportable for execution of the plan due to the particular
purpose carried out which specifies each and every aspect of plan from any risks
associated with the mitigation process and therefore, purpose of the report not only
assist the organization but also the people who are involved in the project of
implementing the policy of cybersecurity plan in Tesco.
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Main Body
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Analyse ethical, regulatory and legal phenomena in
business proposal
Ethical phenomena in cyber security plan within organization are basically the moral
principles that examines an individual behaviour and values in the company in context
of the technology and its devices associated with the internet and networks, mainly from
the external devices. Hence, ethical nature is a critical part of the defence strategies of
cyber security implemented in the firm. Cybersecurity in terms of risk management
often damages other parties with the reason being of unethical nature so therefore,
ethical standards and rules are important to maintain in the form of proper training and
development to employees regarding the following of rules and standards in a strict
manner so that they cannot attempt any unethical activity with technology and company
(Taylor, Dargahi, Dehghantanha and Choo, 2020). Regulatory and legal phenomena in
cyber security plan within organization formulates and maintains the written cyber
security program which includes administrative and technical along with the physical
safeguards in order to protect the personal information and confidential data as well.
Cybersecurity laws enforces the organization to follow the legislations so that they can
be protected from viruses, worms, trojan horses, phishing, denial of service attacks,
unauthorised access and many more. Therefore, it is basically the entire system which is
legal in nature associated with the legal informatics and digital circulation of software,
information security, e-commerce and information.

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Analyse technological phenomena in business proposal
Technological phenomena in cyber security plan within organization are such that there
are different types of technology used in the company which supports cybersecurity but
the problem is such that it is difficult to select and make decision that what type of
technology is require as per the needs and requirements of the business plan on
cybersecurity. Therefore, according to the plan made as discussed above, some of the
technologies that can highly prove efficient to the organization are spying software and
google glass (Thomas, 2018). They are responsible for the tracking of fingerprint
movements on the screen which are touched in order to operate some functioning.
Moreover, the company can also use the memory scrapping malware and bespoke
attacks so that the detection can be appropriately done without compromising with a
whole system. Furthermore, there are some trends which supports the technological
phenomena such as by determining the impact of remote work with both new threats and
solutions, new challenges from ransomware, increased use of multi-factor
authentication, continued rise of artificial intelligence, increased attacks on cloud
services, data privacy as a discipline, COVID-19 phishing schemes, increased need for
cybersecurity professionals, insider threats on the rise, increased need for chief security
officers, critical need for real-time data visibility, prioritize growing the cybersecurity
workforce, invest in security automation and educate the Staff.
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Impact of the proposal on customers and organization
Impact of the proposal on customers and organization are such that it protects the
business which contain big data related to the privacy of customers and it should not
breach or lost otherwise it can harm organization as well as customers also so it is a
positive impact on both the customers and organization. Proposal will protect the
personal information of the organizational employees along with each and every
stakeholders which includes the customers and suppliers along with the shareholders
and competitors and many more. Proposal impacts the employees to work safely in the
company because there is some sort of the security measures and beliefs that the
implementation of cybersecurity can safeguard them at any cost (Pandey, Singh,
Gunasekaran and Kaushik, 2020). It also protects productivity of the organization
because safety measures in technology helps the workforce to work smarter and hence
benefit to the customers as well because of the good quality products and services
offered by the organization. Proposal will help the company to stop the website from
going down which can helps in the more visits of the customers over the website and
also can increase the number of sales as well. Proposal denies spyware and prevents
adware which are the major causes or sources from where the attacks are generated.
Moreover, it also supports the information technology experts so that they can perform
their functioning in an enhanced and strategic manner. Furthermore, proposal inspires
confidence among customers on the organization as they can trust the company on not
being their privacy expose at any cost (Aldawood and Skinner, 2018).
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Technical and non-technical risks
Technical risks while implementing the cyber security plan can be minor as well as
major such as it is well known that the cybersecurity prevents the organizational
technical infrastructure but it also brings up the risks of cyber attacks as well because
anything which is implemented is a secret process so that information cannot go out
without any authorised permission and thus many security measures are to be
implemented for the same. For the professional or expertise hacker who have the
knowledge of coding and programming can hack such securities which can ultimately
damages or destroy the technology in an organization in the form of cyber attacks or
cyber crimes that spoils the entire working of the technical systems. Non technical risks
involves the major or minor loss in the organization along with the employee turnover
with less productivity measures which can spoil the image and reputation along with the
goodwill of the company in the market place. These are risks which are associated with
the company's operations and management which is essential to focus because it leads to
the ultimate reaction or conclusion of the firm which might be dangerous for the success
and generating revenues for the company (Nguyen and Reddi, 2019).

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Contingency plans considering risk management and
secure systems architecture
Contingency planning process in cyber security contains seven basic steps
which are to be followed by the organization such as the first step is to develop
the contingency planning policy statement which ensures that until and unless
the statement is not clear that what to get prepared, jumping on further steps
can be difficult. Second step is to conduct the business impact analysis so that it
can be understood that the impact will be positive or negative. Third step is to
identify the preventive controls so that implementation process can be clear with
no bugs or errors. Fourth step is to create the contingency strategies so that
rectification of any mistake can be carried out in a potential manner. Fifth step is
to developing an information system contingency plan through which the safety
and security measures are performed by applying the preventive methods of
any cyber attack. Sixth step is to ensure the planning of test and training along
with the exercises in order to plan the further maintenance. Seventh step is to
make sure the planning of maintenance part so that new trends of cyber crime
cannot harm the technical systems in any way (Zwilling, Klien, Lesjak and Basim,
2020).
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Conclusion
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Findings
Cybersecurity is an important concept to learn and study so that its application can be
applied in the real world organization along with the business plan of cyber security.
Therefore, it is important to analyse the concept of Cyber Security and Digital Forensics
and it is essential to examine the business overview along with that it is necessary to
determine the business plan of safety and security policy in cybersecurity and it is
significant to gain the knowledge about the purpose of report which is followed by that
It is crucial to analyse ethical, regulatory and legal phenomena in business proposal and
also it is imperative to analyse technological phenomena in business proposal.
Moreover, It is vital to assess the impact of the proposal on customers and organization
and it is required to investigate the technical and non-technical risks and it is needed to
specify the contingency plans considering risk management and secure systems
architecture. Hence, this report finds all such areas in order to better understand the
conception of business plan on cyber security field along with the proper findings and
recommendation. All such findings can help the organization to make their decision
wisely so that the outcomes of this policy can be positive rather than negative one.

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Recommendation
It is recommended that the company should apply the various data protection laws while
implementing the business plan of cybersecurity such as the information technology act,
2000, the contract act, 1872 and general data protection regulation act, 2016. this is
because it helps in getting a valid evidence of operation of cyber security within
organization with a proper justification. Data protection act, 1998 is an effective and
efficient to follow and execute the same in the company because it consist some
principles such as processing private data in a fair and lawful manner. Processing private
information for a particular purposes only. Keeping such confidential data accurate and
up to date for better evaluation of it and for the safety purpose as well. These are
principles of the act to follow in a strict manner to save the business from any unethical
or illegal activity within organization.
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References
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Books and Journals
Aldawood, H. and Skinner, G., 2018, December. Educating and raising awareness on cyber security social engineering: A
literature review. In 2018 IEEE International Conference on Teaching, Assessment, and Learning for Engineering
(TALE) (pp. 62-68). IEEE.
Aldawood, H. and Skinner, G., 2019, May. Challenges of implementing training and awareness programs targeting cyber
security social engineering. In 2019 Cybersecurity and Cyberforensics Conference (CCC) (pp. 111-117). IEEE.
Berry, C.T. and Berry, R.L., 2018. An initial assessment of small business risk management approaches for cyber security
threats. International Journal of Business Continuity and Risk Management. 8(1). pp.1-10.
Limba, T., Plėta, T., Agafonov, K. and Damkus, M., 2019. Cyber security management model for critical infrastructure.
Nguyen, T.T. and Reddi, V.J., 2019. Deep reinforcement learning for cyber security. arXiv preprint arXiv:1906.05799.
Pandey, S., Singh, R.K., Gunasekaran, A. and Kaushik, A., 2020. Cyber security risks in globalized supply chains: conceptual
framework. Journal of Global Operations and Strategic Sourcing.
Taylor, P.J., Dargahi, T., Dehghantanha, A. and Choo, K.K.R., 2020. A systematic literature review of blockchain cyber
security. Digital Communications and Networks. 6(2). pp.147-156.
Thomas, J., 2018. Individual cyber security: Empowering employees to resist spear phishing to prevent identity theft and
ransomware attacks. Thomas, JE (2018). Individual cyber security: Empowering employees to resist spear phishing to
prevent identity theft and ransomware attacks. International Journal of Business Management. 12(3). pp.1-23.
Zwilling, M., Klien, G., Lesjak, D. and Basim, H.N., 2020. Cyber security awareness, knowledge and behavior: A
comparative study. Journal of Computer Information Systems, pp.1-16.
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