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First Bank Plc Cybersecurity Training - Tabletop Exercise

Total questions: 7

Worksheet time: 5mins

Name
Class
Date
1.

It is 10:00 AM on a Thursday morning, when this email was sent to Banking

Operations HOD, by a Cybersecurity Firm named Cyberhubs, regarding potential

data breach of your bank's customers records. They have also offered to help

you at a minimal one-time cost

What is your first course of action? *

a)

Inform your CISO and ask for further investigation and guidance

b)

Put out communication on your website

c)

Pay Cyberhubs to rectify the issue

2.

Does this incident call for assembling the crisis management team?

a)

Yes

b)

No

3.

How will you handle external communication?

a)

Handle only affected customers individually, without releasing any information publicly yet

b)

Communicate with only high valued customer and provide assurance on their data and

financial safety

c)

Engage the PR and media team for public and external communication through different

channels, providing limited information to avoid panic and provide assurance on their data

and financial safety

d)

Engage the PR and media team for public and external communication through different

channels, being transparent about a potential breach and providing guidance on next steps

to customers

4.

What is your immediate next step?

a)

Probably its best to be cautious and act on the information available and start preparing for

the worst

b)

It is too early to act, so keep it within this information within a closed group, until further

c)

Involve police and law enforcement

d)

Report the data breach to regulators

5.

Interlude - Breaking News

While the bank was still deciding whether to release a holding statement or not,

Media broke the news.

Damage Control

All the teams have been working together, following protocols, to assess and

handle the damage done.

1. The bank identified the compromised data, informed affected customers, and

implemented measures to prevent card fraud.

2. Employees under investigation were suspended, and HR documented all

events before deciding on further actions.

3. The incident response team completed the report, which was reviewed by the

Crisis Management Team (CMT). The CMT is planning communication with

stakeholders and next steps.

Which part of investigation is the Incident Response Team in?

a)

Preparation

b)

Identification

c)

Containment

d)

Eradication

e)

Recovery

6.

Scenario 2: Technology Failure or Outage

A critical technology system, essential for core banking operations, has experienced a major outage. This has resulted in significant disruptions to customer services, including online banking, ATM services, and branch operations.

 

5.       What is the most appropriate communication strategy during this outage?

a)

A. Avoid communicating until services are fully restored

b)

B. Share regular updates with customers and stakeholders

c)

C. Communicate only with regulators to avoid panic

d)

D. Issue a single statement once the outage is resolved

7.

6.       How can the Board ensure that the organization is prepared for future technology disruptions, especially in the face of evolving threats?

a)

A. Perform routine testing of backup and disaster recovery plans

b)

B. Stay updated on emerging threats and vulnerabilities

c)

C. Automate all backup and recovery processes

d)

D. All of the above