cyber attacks, writing homework help

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Discussion 1 Review the Week 1 readings and the assigned Case Study for background information before responding to this discussion question. The company's senior managers are reviewing the company's Annual Report which will be presented at the next quarterly shareholder's meeting. The annual report includes the following risk statements: 1. Cyber-attacks could affect our business. 2. Disruptions in our computer systems could adversely impact our business. 3. We could be liable if third party equipment recommended and installed by us, i.e. smart home controllers, fails to provide adequate security for our residential clients. Write a two page briefing paper (five to seven paragraphs) which can be used by a member of the corporate board to explain these risks to shareholders. Provide specific examples of the types of risk events which could occur and the potential impacts (e.g. financial, reputation, client trust, etc.) Provide in-text citations and references for 3 or more authoritative sources. Put the reference list at the end of your posting. Reading links ...
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School: University of Maryland

Cyber Attack and Business Operations
1. Cyber-attacks could affect our business.
Based on a number of recent studies and reports, it is true and evident that cybercrime is one of
the bad social practices that are on the rise among business firms in the society. In most cases,
cybercrime and cyber-attack focus on the breach of a firm computer security systems and may
influence the financial and confidentiality of the firm privacy and information (Maher, &
Packham, 2015).

For example, there are some cases where cyber attackers use technological

knowledge and skills in order to access and steal financial information of the firm including the
financial information of the customers and other stakeholders in the firm. Some attackers also
install the virus on the firm computers, and this allows them to interfere with the firm online
operations and activities (Kirkpatrick, 2015). It is also true and evident that fighting cyber-crime
challenges and problems is one of the mos...

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