Question

In: Accounting

What are Articulate organizational risks associated with cybersecurity attacks.

What are Articulate organizational risks associated with cybersecurity attacks.

Solutions

Expert Solution

The following common risk are associated with cyber security attacks in a business organisation:

1) Pishing & Spamming: It is the process of sending unwanted commercial email to force any message on the customers. This damages the business royalty of the company as prolonged existence of such kind of message create negative impact on the customers mind about the product. It is observed that, often cyber attackers send such emails using other company brand name without their permission, for unethical practices or own advantages.

2) Password attack: The hacker usually tries to gains access to encrypted areas by breaking the firewall security. This allows them access to sensitive and confidential business data without the owner's permission. Such kind of attack creates substantial damage to the business economy.

3) Spyware attack: This attack helps the hacker to monitors the browsing habits of the users. Such activity helps to explore the habit of online transaction of the consumers of different companies. This will create a threat for losing your existing customers as the taste, preference and other habits of your consumers are accessible to the hackers.

4) Malware attack: This kind of attack is done to damage the e-commerce business system of the company in order to stop the business transaction for a certain period. This creates a downfall in the business for a specified period during which the competitor can create a monopoly market.


Related Solutions

what are the main Risks associated with Trading Derivatives ?
what are the main Risks associated with Trading Derivatives ?
What are some of the most important risks associated with bonds?
What are some of the most important risks associated with bonds?
What risks are associated with fixed interest securities, such as bonds? How do these risks differ...
What risks are associated with fixed interest securities, such as bonds? How do these risks differ with those associated with money market securities?
What are the risks associated with owning a bond and What happens in stock market and...
What are the risks associated with owning a bond and What happens in stock market and bond market when interest rates rise?
What is financial leverage? What are the benefits and risks associated with financial leverage?
What is financial leverage? What are the benefits and risks associated with financial leverage?
What are the main steps of a physical inventory. What are the major risks associated with...
What are the main steps of a physical inventory. What are the major risks associated with performing a physical inventory?
What are some of the risks associated with estimation? Why is important to know what is...
What are some of the risks associated with estimation? Why is important to know what is meant by a confidence interval?
What are the main types of risk and to what extent candiversification reduce risks associated...
What are the main types of risk and to what extent can diversification reduce risks associated with stock portfolios?
A. What are the tax risks associated with municipal bonds? B. What is the equivalent taxable...
A. What are the tax risks associated with municipal bonds? B. What is the equivalent taxable yield for an investor with a 35% marginal tax rate who could buy a tax-exempt municipal bond with a yield of of 8.5%? C. Why might the equivalent taxable yield be limited in how it measures the relative value of a tax-exempt bond versus a taxable bond?
Analyse the risks associated with Innovation in Healthcare.
Analyse the risks associated with Innovation in Healthcare.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT