You have been assigned to support the Padgett-Beale Merger & Acquisition (M&A) team working under the
direct supervision of Padgett-Beale’s Chief Information Security Officer (CISO). The M&A team is in the
planning stages for how it will integrate a new acquisition, Island Banking Services, into the company as its
financial services arm (PBI-FS). Initially, PBI-FS will function as a wholly-owned subsidiary which means that it
must have its own separate cybersecurity program.
Your first major task (Project #1) will be to help develop a Cybersecurity Strategy & Plan of Action for PBI-FS.
Island Banking Services never had a formal cybersecurity program so you’re starting from scratch. You will
need to research best practices as well as rely heavily upon what you learned in your undergraduate studies
in Cybersecurity Management and Policy. The CISO has provided detailed instructions for this task. (These
appear after the Background section below.)