Richard Clarke Cyber Breach

This starts with five crucial risk management practices: protection, detection, prevention, reaction and documentation. Along with the risk management practices, the company should also implement good physical security measures. They include firewalls, user authentications- like strong passwords and user names, software protections like security suites, backups, Intrusion detection and automated constant system integrity

Canadian companies are adopting a “wait and see” attitude despite being affirmed that the cost of a cyberattack can be expensive, is because they are uncertain of what the cyberattack will do to them and the outcome of where the solutions that they've come up with to fix it will lead them to. They are afraid that if they make the wrong choices in repairing the damages done to the company from the cyberattack, the expenses for using those solutions will be higher than the initial amount that the cyberattack had caused. Also, Canadian companies think that if they opt for a “wait and see” attitude, it

Cyber security, also referred to as information technology security, focuses on protecting computers, networks, software programs and data from unintended or unauthorized access, change or destruction. Post 9/11 and other terrorist attacks, the United States grows its endeavors to repulse cyberattacks, U.S. corporate organizations and the government agencies wind up in strife over how to adjust to new methods of security and privacy. The current state of security measure protocols and privacy policies placed by the US government in cyberspace raises concerns for the 99%. This is due to the recent cyber-attacks on American corporate organization systems and government alike, where their digital information and network infrastructures within the systems were compromised, and personal data was hacked and stolen.

In regards to the attack "at this point is best directed to Target." An expert with a global firm that assist companies responding to and mitigating breaches he said while he could not address the Target situation specifically, most companies — large and small — are generally under-prepared when they are faced with a breach. The most important thing is that the attack or breach be addressed quickly, to assist with getting information out to those whom are affected and to regulators, to bring in the right experts to address the breach (such as forensics experts who can stop cyberattacks) and to help preserve the public's trust in the

Create a professional report detailing the information above as an initial draft of the risk

According to the 10th annual Verizon Data Breach Investigations Report, 88 percent of the analyzed 1,935 breaches were accomplished through the nine attack vectors, which means that they could have been prevented if some cyber hygiene measures had been applied. It was also discovered that 81 percent of the hacking-related breaches involved either reused/stolen passwords or weak/crackable ones. Not to mention, this year there was an increase in attacks that targeted smaller businesses; 61% of breaches that occurred involved companies with fewer than 1,000 employees. The former Director of National Intelligence James Clapper suggested a few basic hygiene measures for organizations to follow such as the following: patching software, implementing

While all of these technologies have enabled exciting changes and opportunities for businesses, they have also created a unique set of challenges for business managers. Chief among all concerns about technology is the issue of information security. It seems to be almost a weekly occurrence to see a news article about yet another breach of security and loss of sensitive data. Many people will remember high profile data breaches from companies such as T.J Maxx, Boston Market, Sports Authority, and OfficeMax. In the case of T.J. Maxx, a data breach resulted in the loss of more than 45 million credit and debit card numbers. In many of these incidents, the root cause is a lack of adequate security practices within the company. The same technologies that enable managers can also be used against them. Because of this, businesses must take appropriate steps to ensure their data remains secure and their communications remain

People across the world are becoming disproportionately dependent on modern day technology, which results in more vulnerability to cyber-attacks including cybersecurity breaches. Today, the world continues to experience inordinate cases of cybersecurity meltdowns. There is a rapid growth in complexity and volume of cyber-attacks, and this undermines the success of security measures put in place to make the cyberspace secure for users. Cyber-attacks on both private and public information systems are a major issue for information security as well as the legal system. While most states require government organizations and certain federal vendors to report incidences of data breaches, no equivalent legislation exists to cover private entities.

In the previous five years, cybersecurity has turned into the most looked for after calling around the world. More than 90 percent of respondents to an overview directed by the Ponemon Institute (2011) detailed being a casualty to cyberattacks amid the most recent year, costing all things considered more than $2 million for each association. This number keeps on ascending as the two programmers and security devices progress. As indicated by PwC, roughly 33% of all U.S. organizations are as of now utilizing digital protection (Lindros and Tittel, 2016).

When organizations experience the computer-related disruption in the form of cyber-attacks and data breaches, it causes distrust among shareholders, stakeholders, employees, and consumers. This paper will provide a discussion of some the major effects and damage that organizations will face when financial sabotage has taken place. Also included are some of the known reasons why organizations experience these issues along with some preventative measures that may assist with marginalizing this type of subversion in the future.

The analysis of 2,260 breaches and more than 100,000 incidents at 67 organizations in 82 countries shows that organizations are still failing to address basic issues and well-known attack methods. The (DBIR, 2016) shows, for example, that nearly two-thirds of confirmed data breaches involved using weak, default or stolen passwords. Also shows that most attacks exploit known vulnerabilities that organizations have never patched, despite patches being available for months – or even years – with the top 10 known vulnerabilities accounting for 85% of successful exploit “Organizations should be investing in training to help employees know what they should and shouldn’t be doing, and

1 Now the real question, is cybercriminals are dangers to us? Some experts will say that it depends on the data that companies contain whether it attract the cybercriminal or not. Such as, “customer contact info, credit card data, health data, or valuable intellectual property.” (Armerding). On the other hand, some experts say it depends on the size of the company. Small to midsize organizations usually are attractive targets because they are frequently have less security and more vulnerability. When a cyber criminal is planning to attack he/she is not targeting a specific individual or organization. They do not care who they are attacking; they have programs that attack thousands and millions of people at once. However, you might ask yourself, we are not a small company, but it does not matter because an attack might not come directly at us. Small businesses are gateway into larger companies. “PwC’s Burg agrees, noting that, “smaller organizations increasingly serve as vendors, contractors, and business partners of bigger firms, and as such may have trusted access to the networks and data of these partners.” (Armerding). We work with varies of government and private companies, which either other companies might be under attack and the attacker gain access to our network from that network. From our networks, the attacker can move up to the government. The question I asked earlier is cybercriminals are dangers to us? Yes of course they are real

The potential of violations can come from numerous sources (Lawrence & Weber, 2011) (Consumer Information). Recently Equifax had a data breach of their customer’s personal information. The hackers accessed the names, social security numbers, birthdates, and addresses of 142 million American consumers (Consumer Information). This is frightening and happens more often that we think. According to PricewaterhouseCoopers executive, ”Cybercrime has emerged as a formidable threat. Over the years millions have fallen victim to theses attacks. In a survey of 583 U.S. companies, 90 percent said that hackers breached their company’s computers over the last twelve months (Lawrence & Weber, 2011). Cyber crimes occur when hackers attempt to damage or destroy a computer network or system of company’s data. Criminals will use one of the most harmful systems around. This system is called a zombie. A zombie is

Cyber criminals take pride in creating chaos, and the chaos that cyber criminals inflict on their victims can be crippling to individuals and corporations. We have all heard about hackers getting information from major retail chains as well as information being leaked that included Social Security numbers for millions of people. We use the internet with somewhat of a naivete expectation that all of our information is safe. That is, until something untoward occurs, and then it can be all out panic.

It is important to note that whether an attack is perpetrated by a hacker group, other corporations or individuals, organizations must always prepare adequately through intrusion detection and prevention systems in place. Data breaches can have very devastating business and social impact to large businesses and their customers – the users. For instance, were Cloudflare attacked by a competing company, their trade secrets could have given the opponents ammunition to take them out of the field. In addition, lost data could influence criminal activity if for instance particular client information, for