o Prepare for this Assignment, read the student rubric and review your board members’ presentations, which were submitted earlier in the week, noting strengths and weaknesses and any questions you have.
Part 1: Complete the rubric for each board member’s presentation.
Part 2: For each presentation, write a 2-3 page executive summary memo that details your reactions. Include in your memo the strongest points, the weakest points, any questions raised, and whether you would approve the proposal based only on the presentation. Recall that you are playing a professional executive role—constructive feedback is expected.
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Reviewing Presentation
Thank you for your presentation. You did a great job explaining the need for the business to adopt the cybersecurity system program to secure its network and inspire confidence among the customers and other stakeholders. The reason businesses adopt technology is to enhance their operations (Tura et al. 2019). In this case, the interest of the board is to understand how the technology enhances business and not the technicality part of the technology. Therefore, your memo did a great job by first identifying the business’s problems, in this case, high risk or cyber-attacks, the fraud involved in financial transactions, high cost of the transaction, high cost of the campaign involved in knowing your customer, among others. The strongest point you have provided is that 45% of the financial transactions involved in the financial industries are subjected to economic crime. This is because the banking industry operates is such a way that the functions are routed through the centralized database. This means that any potential cyber-attack that can reach the critical…