Risk Assessment

Background: Presuming a request has been received from a company’s senior management. Two specific threats have recently garnered a great deal of news coverage; management is concerned about the likelihood of the threat impacting the company’s cybersecurity and the possible consequences of the threat.
Instructions: In this document, identify two threats that have recently been in the news. Each threat should include an article/reference describing the threat, the impacted industry, and the result of the attack. This document should be written as a memo to the senior stakeholders; the memo should inform the senior stakeholders of the analysis and justify the conclusions drawn. The articles should have been published within the last nine months and should be cited in APA format. Provide enough information and context for the executive to understand without educating them. Avoid using the memo to make the reader a subject matter expert. Instead, provide enough information and context for the executive to understand the situation, risk, critical decisions, and next steps.
• Tone: The tone should be concise, factual, and direct.
• Formality: Avoid a memo that is causal.
For each threat, the matrix below will help in identifying the likelihood of the threat and the consequences for the particular company:
Threat Assessment Matrix
Consequence
Likelihood Insignificant Minor Moderate Major Severe
Almost Certain Medium Medium High High Extreme
Likely Medium Medium Medium High Extreme
Possible Low Medium Medium High High
Unlikely Low Low Medium Medium High
Rare Low Low Low Medium Medium