Information System Security of Data Breach in A Company - Samples

Question: Discuss about the Security of Data Breach in A Company. Answer: Introduction This report discusses about a case study of data breach in a company. There are various cyber-attacks reported all over the world. This has been a great threat to the companies in the word. A critical analysis of the case study has been provided in the report. The cause of the data breach has been provided with proper explanation. There are some recommendations provide for mitigating issues related to cyber-attacks. Discussion In 2013, Target Corporation Security and Payment System was breached. This had caused loss of 40 million credit and debit card numbers and 70 million addresses and phone numbers of the customers. This has caused a huge loss to the company and customers. The share market of the company had gone down drastically after this attack (Interactive, 2017). Malwares were installed on the security system of the company on November 15, 2013. The access to the system was stolen from an HVAC provider based in Sharpsburg, Penn (Mikhed Vogan, 2017). The comprised data was used for the electronic billing in the company, the hackers have hacked all this data and information that have caused a major threat to the company. As commented by Rosati et al., (2017), there are various causes of the attack. The lack of good security protocol was th main reason for this attack. The security of the system in the company was not good. The third party authentication was not enabled in the company (Garner, 2017). The HVAC unit was not responsible for the security of the system. The use of the bad designed software and lack of antivirus have put hand in the data breach (Scott, 2017). The cyber-attacks have been a common thing now all over the world. Therefore. There is a need of implementation of security measures in the systems of the company. Lessons Learnt The above discussion focuses upon the security breaches in an organization. The discussion have helped in understanding about the causes of the information security breaches. The use of the various strategies for mitigating the issues has been focused. Conclusion It can be concluded that the use of the security measures have helped in maintaining the security breaches in the company. The Target Corporation security has faced a data breach in the market. The use of the updated firewalls and antivirus might help in restricting dangerous virus and malwares from entering into the security system of the company. The firewalls will help in restricting the dangerous viruses and malwares from entering into the network of the company. The restriction for the third party interaction in the system reduces the risk of data breach in the company. The use of strong passwords might help in increasing the complexity of the access to the system of the company. The passwords must be eight characters long and combination of the letters and numbers. This makes complex to break the passwords. Therefore, these measures helps in improving the security of the company over the internet. References Garner, R. L. (2017). Evaluating Solutions to Cyber Attack Breaches of Health Data: How Enacting a Private Right of Action for Breach Victims Would Lower Costs.Ind. Health L. Rev.,14, 127. Mikhed, V., Vogan, M. (2017). How Data Breaches Affect Consumer Credit. Rosati, P., Cummins, M., Deeney, P., Gogolin, F., van der Werff, L., Lynn, T. (2017). The effect of data breach announcements beyond the stock price: Empirical evidence on market activity.International Review of Financial Analysis,49, 146-154. Scott, L. (2017). One Data Breach Each Day in 2016Another Reason Experts Say Focus on Cyber Risk Now. Interactive, C. (2017). Cyber Security Case Study: Target Data Breach. Cei.com. Retrieved 1 November 2017, from https://www.cei.com/about-cei/media-room/blog/cyber-security-targets-2013-data-breach