Security incident analysis at Société Générale

Seminar paper from the year 2018 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 100.00, Saint Leo University, course: MBA 590, language: English, abstract: The objective of this paper is to identify, discuss policy issues, vulnerabilities, risks, and internal controls at Société Générale, a France based banking organization. The paper's mission is to investigate the recent security breach within the bank in 2008, which led to a $7 billion loss in financial assets. The strategic analysis of this investigation will be carried out by developing a risk assessment of the entity. Furthermore, a vulnerability assessment will be carried out to determine the target vector that was exploited by the attacker. Finally, an internal control analysis will be conducted to determine how effective its internal controls are and what loops therein. The result of the analysis will help the firm implement a sound and robust security policies and countermeasure to ensure the Confidentiality, Integrity, and Availability of the data and the data infrastructures.