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PPTPitchAnalysis.docxTeam 20: Threat Attack: AI Cyber Security Company
Decision making
Analysis: The very first function of management as far as information security is concerned is to ensure that the company's data is safe. Cybersecurity can put a company is a compromising situation, make it pay millions or even cause irreparable damage to a company. For instance, Target paid a whopping $18.5 million in the settlement because of cyber attacks (Jalali, Siegel & Madnick, 2019, March). The management should be at the forefront of protecting such losses. The management should also ensure that there is data confidentiality, availability, and integrity. It was also important to use the benchmark with other security companies while setting the price. The period set for test Machine learning and testing for the Defense system is appropriate because the users will be familiar with the system after four or more months.
Innovation
Analysis: First, creating a security system that works with AI, and AR among other systems is a great innovation. Secondly, the product allows customers to know that something is wrong in their system before a cyber-attack is finally executed. This will be a real deal for companies and individuals because the rising cybersecurity threats are a concern to many institutions who are losing millions of dollars. Lastly, the use of complex mathematics and machine learning will allow the product to detect threats in real time.
Recommendation for improvement: The time it takes to install this product is a concern. There is a need to benchmark with other established cybersecurity companies such as AVAST and McAfee to reduce the installation time. For example, with AVAST, it takes just 2 to 3 minutes to download and install it on your device. Also, the team should ensure that the product protects major threat routes such as web security and email. Most attacks are through email by use of malicious attachments and phishing emails as well as unsafe URLs.
Management
Analysis: The blend in the team I charge of the company is amazing. For instance, Melina Samuel, who is a professor of Applied Probability, will help in the creation of complex mathematical problems, Vishal Patel will deal with AI solutions and AI technology, Katherine King will be in charge of marketing to ensure that the company is successful and Chris Cha will head the team as the CEO. With such experience, the company is most likely to succeed and be a force to reckon in the Cyber Security Industry.
Recommendation for improvement: The management should organize training with their top customers to teach them on the basics of cybersecurity. They should also update the system regularly.
Motivation
Analysis: The first motivation is from the selected management team. Having such top and experienced personalities will give the company the motivation to succeed. You also chose the best industry where there is healthy competition with each company having a considerable share of the market. This will motivate the management to know that there is a likelihood of them also getting their share. The last motivating factor is that technology is here to stay and is evolving day and night. Many people, startups and established companies are shifting from paperwork to computers. This is an assurance that the market will continue to grow and the company will surely succeed.
Recommendation for improvement: You should include strategies that will help in motivating the employees that shall help in the day to day running of the company.
References
Jalali, M., Siegel, M. & Madnick, S. (2019, March). Decision-making and biases in cybersecurity capability development: Evidence from a simulation game experiment. Retrieved from https://www.sciencedirect.com/science/article/pii/S0963868717304353
