Question

In: Accounting

Do Hackers Really Matter? What are the advantages and disadvantages, from a cost perspective, of deciding...

Do Hackers Really Matter? What are the advantages and disadvantages, from a cost perspective, of deciding that attempts to secure an organization’s network are not worth the increased cost?

Solutions

Expert Solution

Yes,

Hackers really matters a lot.

It is because once our system is being hacked then the organization need to suffer a lot because it will lose all its confidential information. Once it is published organization needs to cope up itself from the bottom level to face the competition.

For example we can take trade secrets of business which is very confidential matters when they are hacked then it is no more confidential, competitors will surely take advantage of it which will affect the organization functionality.

Also loosing the data which we save from years to years when it is being hacked the whole work process will get disturbed the organization will fall in dilemma of where to the work flow and also regaining the same is a matter of doubt which may result in lot of time waste and money.

So, Organization started to bring hackers to their system and its functioning asking them to hack the system in order to know all the loop holes. There by it will help them to protect the system against the hackers from outside. Although it is costly affair the management is more key in protecting their system against the hackers because once the system is hacked it cost much more both financially and functionally.


Related Solutions

From a managerial perspective, what are the advantages and disadvantages of financing obtained from each of...
From a managerial perspective, what are the advantages and disadvantages of financing obtained from each of the following: equity, debt, and intra-corporate sources?
From the perspective of an IT manager, discuss the advantages and disadvantages of merging the IT...
From the perspective of an IT manager, discuss the advantages and disadvantages of merging the IT applications from two merging companies.
From a market power perspective, what contracting advantages and disadvantages accrue to the provider of care,...
From a market power perspective, what contracting advantages and disadvantages accrue to the provider of care, and 3rd party payers relating to quality assurance, payment, and cost control?
What are advantages and disadvantages of Preferred Stock? Do they outweigh the advantages and disadvantages of...
What are advantages and disadvantages of Preferred Stock? Do they outweigh the advantages and disadvantages of Common Stock?
Why do business from clusters and what are the advantages or disadvantages of clustering?
Why do business from clusters and what are the advantages or disadvantages of clustering?
What risk-management strategies can an exporter/follow? Explain each strategy's advantages and disadvantages from the perspective of...
What risk-management strategies can an exporter/follow? Explain each strategy's advantages and disadvantages from the perspective of a small exporter include what risk managment strategy you would follow for your product that is skin care an countries involved. UK country.
Discuss the advantages and disadvantages from a client’s perspective of engaging its auditor to perform non-audit...
Discuss the advantages and disadvantages from a client’s perspective of engaging its auditor to perform non-audit services in addition to the audit. (NB. Do not discuss this from the auditor’s perspective, discuss this from the client’s perspective).
What are the advantages and disadvantages of brick-and-mortar stores? What are the advantages and disadvantages of...
What are the advantages and disadvantages of brick-and-mortar stores? What are the advantages and disadvantages of online stores? Which are there more of and how will this trend continue? Please answer in complete sentences with an overall total of 150 words or more.
1Identify three advantages to studying development from a lifespan perspective. 2From a theoretical perspective, why do...
1Identify three advantages to studying development from a lifespan perspective. 2From a theoretical perspective, why do you think most Developmental Psychologists take an eclectic approach? 3Pick one psychological paradigm and discuss how it may be used to study development.
Question #1) From an employee’s perspective, what are advantages and disadvantages of having your employer mandated to offer health insurance to you?
This is a Risk Management and Insurance Question!Read:Employer Shared Responsibility Provisions (https://www.irs.gov/affordable-care-act/employers/employer-shared-responsibility-provisions)Questions:The Affordable Care Act requires employers with 50 or more full-time equivalent workers to offer affordable insurance to employees working 30 or more hours a week or face fines ranging from $2,000 to 3,000 per employee.Question #1) From an employee’s perspective, what are advantages and disadvantages of having your employer mandated to offer health insurance to you?Question #2) From an employer’s perspective, what are costs and benefits of having...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT