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In this scenario, hackers launch cyber-attacks that affect several parts of the nation’s financial infrastructure over the course of several weeks. Specifically, sensitive credit card processing facil
In this scenario, hackers launch cyber-attacks that affect several parts of the nation’s financial infrastructure over the course of several weeks. Specifically, sensitive credit card processing facilities are hacked and numbers are released to the Internet, causing 120 million cards to be canceled; automated teller machines (ATMs) fail nearly simultaneously across the nation; major companies report payroll checks are not being received by workers; and several large pension and mutual fund companies have computer malfunctions so severe that they are unable to operate for more than a week.
Topic:
On February 21, 2020, hackers targeted PayPal accounts to carry out unauthorized purchases, estimated to be worth tens of thousands of euros, by exploiting PayPal’s Google Pay integration. The purchases were made at a variety of Target stores in the United States. Most of the victims appear to be German PayPal users.
Question:
Identify the countermeasures that need to be implemented to prevent these cyber-attacks from occurring in the future. Be specific in recommending countermeasures for this scenario.
