Question
1. Conduct a google search for a risk management incident that occurred in a Canadian human service organization, educational institution or government body within the
1. Conduct a google search for a risk management incident that occurred in a Canadian human service organization, educational institution or government body within the last 5 years, such as a ? Phishing attack ? Data breach or loss ? Fraud (financial or other) ? Major theft by an employee ? Catastrophic loss of infrastructure (fire, flood) ? Allegation or proven incident of abuse by staff member or volunteer
2. a) What occurred, when and how? b) Who was involved? c) How did the organization respond? d) What was the response of the public and of governing/funding bodies? e) What were the reported consequences for the organization?
3. Below attachment
a) b) d) Evaluate the response of the organization regarding its effectiveness in addressing the incident and mitigating any consequences. Describe in detail what risk management strategies could have prevented such an incident and/or mitigated the consequences of the incident, by referencing relevant readings or other sources. Describe in detail what insurance products would protect the organization and help cover losses, by referencing relevant readings or other sources. Explain in detail how the organization can mitigate or repair any damage to its reputation, image and public trust, by referencing relevant readings or other sourcesStep by Step Solution
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