Despite the frequency and cost of data security breaches

Assignment Help Operation Management
Reference no: EM131118370

1. Despite the frequency and cost of data security breaches, why do you think some companies do not consider securing customer data as high a priority as other risks to their data systems operations? Chose one of the options a-d that you think best answers the question. Support your answer.

a. Much of the cost from stolen consumer data is borne by the credit card companies instead of the company whose system was breached. Any financial losses for the company are a cost of doing business.

b. This is a technological arms race and the crooks have more resources and incentives than the company. Often the company does not even know there has been a breach.

c. The Credit Card system in the US, with a magnetic stripe on each card, creates an environment where a thief can purchase large numbers of stolen credit card numbers and load them on blank cards. The EU system of chip and PIN eliminates this incentive

d. There are no reporting requirements, so many times the loss of customer data goes unreported and the company pays no (financial or public relations) cost.

2. If the government passed legislation regarding data breaches, to regulate or to punish companies who allow consumer data breaches, what should the legislation do? Select all the options that apply. Support each of your choices.

a. Fine the company that allowed the data breach to occur

b. Set up security standards (like the medical industry) with which a company must comply

c. Set up a consumer’s bill of rights to protect them from identity theft and financial loss due to a data breach

d. Require all data breaches to be reported.

Reference no: EM131118370

What is the total depreciation and interest deduction

Consider a wind energy project that produces 399 GWh/yr and is able to sell this at a cost of $0.1/kWh. The project will also receive income in this year from the PTC, at a va

Assess the financial performance the organization

Assess the financial performance and condition of the organization. Conduct a SWOT analysis (strengths, weaknesses, opportunities, and threats) to determine areas that offer

Evaluate disney vision and mission statements

Read this Case Study and evaluate Disney's vision and mission statements. In what way is the proposed vision statement better than Disney's actual vision statement? In what wa

Complete a root-cause analysis

Identify your problem statement and complete a root-cause analysis. Identify which quality tools you used to identify and vet the problem. Explain the quantitative and quali

How jobs have changed since the nlra was passed

The NLRA has been criticized as an outdated document that is hindering rather than helping the workforce cope with the realities of a global market. Describe how jobs have c

Decides to purchase certain model

Randy is shopping for an all-in-one printer/copier/scanner/fax machine. He decides to purchase a certain model because it has the highest price, so Randy assumes it must have

Explain how leaders can motivate others through recognition

Explain how leaders can motivate using social equity theory. Explain the characteristics of coaching and how to practice coaching skills and techniques. Explain goal theory an

Describe decision that was recently made

Describe a decision that was recently made. Do not disclose company names or any distinguishing features. Summarize what went right and what went wrong with this decision. Wha

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd