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When global firms like Home Depot and Target become prime targets for hackers, the attack themselves become front-page news.
When global firms like Home Depot and Target become prime targets for hackers, the attack themselves become front-page news. Firms like these have invested a ton of resources (financial and non-financial) to prevent such an attack, but the attack is successful. Financial and personal data have been compromised, and now everyone wants answers. Your challenge is to argue the position of whether or not companies should be held liable for losses sustained in a successful attack made on their AIS applications (sales, billing, cash collections, credit, etc.) by hackers. In support of your argument, locate at least two cases where hackers breached a firm's AIS (or business system). Your first case must be either the Home Depot or Target case. The second case must be a case that involves a global entity. Your paper will consist of the following section - Part I: What are the main facts from Case #1 (either Home Depot or Target, both not both)? - Part II: What was the firm's response to the attack and why (or why not) do you agree with their response? - Part III: What are the main facts from Case #2 (remember, your case has to be a global one)? - Part IV: What was the firm's response to the attack and why (or why not) do you agree with their response? - Part V: In general, why should the firm be held liable (or not held liable) for losses sustained by customers, employees, and suppliers per an attack by hackers? - Part VI: In general, what can we learn from attacks by hackers, especially those who focus on ransomware?
