In: Operations Management
For this assignment, research a recent cybersecurity issue that had a considerable impact on an enterprise. Describe in detail the recent cybersecurity issue that you selected. How was the enterprise impacted? What could have been done to prevent the incident?
Cyber security is a kind of protection that which was given to the hardware and software data of the organization from the cyber attacks. We know that cyber attacks are increasing day by day in the society. According to the resent research it was clear that about 60% of the organizations were the victims of cyber attacks. When I researched about the cyber security issues in the recent times I came across one of the enterprise which drastically failed due to the cyber security issues.
That enterprise clears that they were the victims of the cyber security issue. They lost all the data of their enterprise that which they were secured it with the high protection security software. About 3 years ago they started that enterprise and it became one of the tough competitors in the market. To minimize their sales one of the opposite competitor have destroyed all their data and secrets for their success. By this day by day that enterprise leads to loss. Due to this issue they lost their financial data, contactors, stakeholder investment lists, some of the important agreements and transaction data from the enterprise beginning. After this issue for some months they have closed their enterprise and stopped all the transactions. They investigated about the issue and in which method this cyber issue was carried out. They have collected all the data from different sources and secured them with the help of cyber security analyst. They also appointed some analysts that who concentrates only on these issues so that this kind of issue will not repeated again.