Reference no: EM133389895

Question: Please review this Module's lecture and assigned readings and then address the following questions:

What is "BEC" or CEO fraud?
Please distinguish between the "identity crime" method and the "account takeover" method of BEC fraud.
Please analyze at least 2 reasons why BEC schemes succeed, even though they are well-known by the FBI and have been publicized in mainstream press in recent years; please provide support from the readings for your position.
Please watch the Wall Street Journal's interview of Christine Wheaton, the CISO of Henry Ford Health System.
How was the Health System compromised?

How did Ms. Wheaton describe the effect of the BEC attack on the security staff and the team that responded to the breach?
The interviewer asks Ms. Wheaton if she believes the healthcare sector is prepared to respond to the threats of BEC and other cyber-attacks. She opines that "as a sector," it is not prepared and that she has seen hospitals have to shut their doors.
Please take on the role of a newly hired CISO of a hospital in the area where you live. Based on the reading materials for this module and the interview of Ms. Wheaton, please draft a list of 5-7 priorities you would set for your department to prevent and prepare for a potential BEC fraud phishing attempt. Please explain each priority and why you chose it for your list.

Please review the Complaint and Affirmative Defenses in the Sessa case. Who do you think was in the "best position to avoid the loss" - Sessa (the client) or Lemos (the attorney/law firm)? Please explain your answer.