- Create a document to the board of directors explaining what happened and why, how it will be prevented from happening again, what lessons were learned, and what will likely happen to Berwicq’s stock price and reputation in the short term.
- Here is a list of the board members:
• Dr. Sam Rodriguez: CEO and Co-Founder – Represents Senior Leadership. As the visionary behind Berwicq, Dr. Rodriguez is focused on steering the company through the complexities of its public status while maintaining its innovative edge. Her leadership is now being tested as she navigates the fallout from the security breach.
• Rania Nabil: CTO (Chief Technology Officer) – With a strong background in technology, Rania oversees IT and has taken on responsibilities akin to cybersecurity oversight due to the lack of a formal CISO role. Her expertise is crucial in addressing the technical and security challenges Berwicq faces.
• Morgan Virtanen: CFO (Chief Financial Officer) – Manages the financial strategy and risk management of Berwicq, ensuring compliance with public company financial regulations. Morgan will be particularly concerned with the potential financial implications of the breach, including its impact on shareholder confidence and the integrity of financial reporting.
• Jordan Rossi : Director of Operations – Focuses on the efficiency and sustainability of the company’s operations. Jordan’s priority will be understanding how the breach has affected the supply chain and operational continuity, ensuring that any disruptions are minimized.
• Amanda Rivera: HR Director – Oversees the company’s workforce, culture, and talent management. In light of the breach, Amanda will need to address any internal morale issues and ensure that employees are adequately informed and trained to prevent further security lapses.
• Taylor Murphy: Head of Sales and Marketing – Leads efforts to drive brand awareness and market share. Taylor will be acutely aware of how the breach might impact the company’s reputation and consumer trust, and will need to develop strategies to manage potential fallout in the marketplace.
• Darius Washington: Community and Customer Relations Director – Enhances customer engagement and brand loyalty. Darius’s concern will be to reassure the customer base and manage public relations, ensuring that the breach doesn’t undermine the strong community ties Berwicq has cultivated.
• Jamie Chen: Senior Network Administrator – Although not typically a board position, given Berwicq’s size and the pivotal role of cybersecurity in the case study, Jamie’s inclusion signifies the importance of IT and network security. Jamie advises on IT security policies and practices.
• Hayden Singh: Advisory Role for Distribution and Logistics – Offers expertise in optimizing distribution and logistics. Hayden’s focus will be on assessing any logistical vulnerabilities exposed by the breach and advising on how to safeguard the company’s distribution channels against future threats.
• Erik Sorensen: Activist Investor – Represents the interests of shareholders with a focus on maximizing value and ensuring strong governance. As an activist investor, Erik has a reputation for pushing companies to improve performance and accountability. His involvement in Berwicq’s board reflects his commitment to addressing the company’s challenges head-on, particularly in light of the recent security breach. Erik is already considering various strategic options to safeguard shareholder value, watching closely to see how the company’s leadership responds to the crisis.
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