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Risky Situation Essay

Decent Essays

University of Phoenix Material

Risky Situations

Identify three types of sensitive information involved with each situation. Then, describe three ways in which each information item could be misused or harmed. For each of these, note at least one likely finding that you would include in a risk analysis report of the organization. Finally, answer the questions at the end.

Situation 1 – Online Banking System
Information Affected
Potential Harm (Risk)
Likely Finding in Risk Analysis Report
Bank Account Numbers
Can be used to steal the user’s funds.
Low/medium risk, high probability

Can be used by terrorist organizations for money laundering.
Very high risk, medium possibility

Loss of brand reputation to the bank as …show more content…

Low/medium risk, high probability

Can be used to fund terrorist organizations.
Very high risk, medium possibility

Loss of reputation for business as being not secure. medium risk, medium possibility
Product database
Prices can be altered without authorization, causing loss of revenue and unhappy customers.
High risk, low probability

All product information can be deleted causing major problems for the company.
Very high risk, medium probability

Product details can be altered or deleted to misinform customers or discourage them from purchasing products
Medium risk, medium probability
Personal customer information (SSNs, addresses, email addresses, etc.).
Customer’s identities can be stolen.
High risk, high probability

Can provide stalkers with additional information about their “prey”.
High risk, medium probability

Information can be deleted, severely impacting marketing of the organization.
Medium/high risk, medium probability

Situation 5 – Real-World Application
(such as CRM, ERP, other internal or external organizational systems – pick one and specify)
Internal Payroll System
Information Affected
Potential Harm (Risk)
Likely Finding in Risk Analysis Report
Employee Checking Account numbers
Can be changed so employee paychecks are sent to wrong account where money can be

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