Cyber Crime Risks Associated with New Technology Launches in the Market

The assignment highlights the risks associated with newly launched devices in the market, which can lead to cybercrime. It emphasizes the need for organizations to implement policies that restrict the use of mobiles, tabs, and laptops during office hours. While technology has its drawbacks, it also brings new concepts to the business world, making work easier and less costly. The assignment concludes by stating that cybersecurity is a big threat to organizations with highly talented employees, as hackers can breach firewalls and steal data. It emphasizes the importance of measures taken by governments and other organizations to protect against cybercrime.

Challenges in cyber security in
business

Table of Contents
Introduction:.....................................................................................................................................3
Literature review:.............................................................................................................................3
Conclusion.......................................................................................................................................7
References:.......................................................................................................................................8

Introduction:
Cyber security is essential for each and every business unit in order to protect the business in an
effective manner. Information technology and internet having a large impact on the business but
on the other hand it can increase the major security challenges of the business which may have a
negative impact as it is in a digital form and mots of the companies use cloud computing hence it
is easy to breach into any company's data and use it as per hacker's need . This study would help
to know various ways to overcome these things . It would also help us to know that what are the
various firms that help an organization to overcome the challenge of hacking and various ways
that has been followed by government to reduce the risk of data theft and data corruption.
Literature review:
In this digital world, Cybersecurity become most important because cyber attack can come from
anywhere and it can destroy and copy our important files in to computer so cyber security help to
secure our company networks, computers and programs to cyber attack and there are many basic
challenges that company face in to cyber security. These are USB encryption, third party device
connectivity, USB control, data loss prevention, reverse engineering of malware, emergency
responses team, breach indicators, disk encryption, application control and mobile device
management and there are many type of cyberattacks that face by organization such as APT
(advance persist threats) I is long- term target attacks that divided itself in to multiple file to
avoid alert, DDoS(distributed denial of service) it happen when server overloaded with requests
and aim of switch down the target's network system, Malware, It is known as umbrella term and
it gain the unauthorized access means it get access of your computer after malware comes into
your computer or device, Passwords attacks, three type of password attack in first one cyber
attacker guessing your password that have been done by various programs and second one is
keylogging that get all information about you email id and login id or passwords and there are
many software available on the market that help to secure your data from these attack like Avast,
360, Kaspersky and etc. These software help to secure many cyber attack like malware,
keylogger. Firewalls also help to secure your data from cyber attacks and it comes in some
computer or device in built like in Microsoft windows.
In 2016 data breach investigation report a company examined 9000 phishing activities in which
across 865 data breach and most of companies send fake emails to test their own employees and

best practices for business are keep your software updated because outdated computer crash
easily and cyber attacker are fully patched, educate your employees because that help to aware
people about cyber attack then they can use various cyber security method to secure their file and
educated people easily secure their system, Practice your incident response plan, make sure your
company is well prepared for any cyber activities by building effective security. Now a days it
become more complex there are many type cyber attack which even don't know the companies
and most of companies started to safe their system before the cyber attack that help to secure in
future attack and they are using very secure system like UBANTU, KALI and many more Linux
operating system that help to secure the data of your company. These operating system isn't
easily hack by hacker or cyber attacker. There are three main risks for cyber security and these
are Lack of Cyber education, it is an huge problem because most of employees don't know about
cyber crime, attack and security so company need to educate their employees about the cyber
security and crime than they ready to face cyber crime in future by the help of various antivirus.
Employee needs to be informed about threats, malware that try to steal your company data so
education is important in cybersecurity and cyber crime in among the employees. Company need
to provide weekly education to his employees about cyber attack, crime and security which help
to secure company from uncertain conditions. Second risk is Insider threats, these threats come
with torrent and any file which download on internet. these threat can delete and steal your files
and can use in against the law so you need to download thing very carefully and these threats can
destroy and steal also company data for their own profit so company's employees need to very
careful work on internet. Third risk is Bring your own device because that help to secure your
details and no need to log in your information in to others computer and if you log in your
information into other person device then that person can easily hack or file so be careful and
carry own device and if company's employee log in their office details in cyber cafe and forget
logout then anyone can misuse these details against the company need to provide education to
their employees. There are many cyber security companies that provide various type of security
products to other companies and this is the one solution to all risks and company can use various
operating system to secure company's data. Company need to change all password in to 30- 40
days and use upper case, lower case of word, numbers and symbols in to the password because it
is hard guess. Don't use name, numbers into the password these little things can also help to
secure companies to cyber attacks and these three risk company need to understand very well

There are various challenges faced by businesses in cyber securities like dissatisfied worker
“Internal attacks are one of the biggest threats facing your data and systems,” states Courtney
Thompson, CTO of Green House Data. As dissatisfied employees of an It business firm could
get an opportunity to heck or supply company's data to its competitors resulting loss of data for
the company the solution to this is by reducing the accounts exploitation and identify all the
privileged accounts and credentials and delete them who are not in use and accounts of all the
employees who have left the company should be terminated as soon as possible said by Adam
Bosnian. In banking business also a dissatisfies employee can easily use the details of any
customer to transfer the amount to another account which is not easy to trace and it not easy to
track the account detail of the person in whose account the money has been transferred . Second
are irresponsible employees who forgets their mobile , laptop or any other devices unlocked in a
public place are also responsible for the cyber crime because the information could easily be
copies or forwarded to a person who could misuse the data said by Ray Potter CEO of safe
logic. The solution to this issue is that companies should give a proper training to their employee
on cyber security best practises and offer ongoing support said by Bill carery. They should also
make sure that employee should a strong password including both numeric and alphabetical
words while setting the password for their devices and accounts. For example an employee(A) of
a big company left his phone at a public place which is found by another person(B) of same
business but different company in this situation B who found the A's phone could easily access
personal data of the A and could use it for business purpose or sell that data to someone else for
money. Third thing it that everything is in digital form hence it is very difficult to catch the real
culprit because it is easy to change the information protocol address by using various software
which are used of hacking purpose namely Nmap, jhon the ripper, Null byte etc. are some of the
basic hacking software . For this sheriffs uses a team of professional ethical hackers who works
for them and trace those unethical hackers. So a hacker is almost untraceable if he\she has a
better working capabilities and have a good knowledge about the numeric coding of computers .
Fourth is data formatting which means that a hacker would enter into company's website and
would clear all the data available on the cloud account of that company which can cause huge
losses to the company these kind of work is done by mainly those who have some kind of
personal grievances with the company are could do anything to harm the company to counter act
on these kind of companies have their own cyber cloud and their own space and their own

security software which are hard to breach .Fifth is software update which means that there in
always be someone who will break the security codes of a company to prevent this employees of
the company will have to update their software and security system according to the updates
which are available in the digital market . A weak software could be a reason for the breach of
hackers into the company. Sixth is that a hacker can easily access to any company around the
globe which is connected to online as the company is registered online .The company have its
data and information available on the net a hacker could easily access that sitting from any part
of the world for this businesses have few layers of walls such as firewall and other security
system which are not easy to breach example Microsoft windows original windows have a
single security firewall breaching that a hacker would easily do piracy of the window and sell it
into the market this is the reason. in this dynamic and high technology world many companies
are facing the cyber security issue these issue can be presentation of losses , the USB which can
pass the message to one person to another. So in that context many author argue many say it is
useful in doing the smart work some say they have m,any disadvantage also as cyber attack and
tracking is done by these devices.
So the company brings many solution for this problem that they get solution by having the Wi-
Fi. SD , Bluetooth to minimize these problems. There many anti software system which prevent
the data for loses. These software can also prevent the anti wires enter into the devices. The
companies also having the emergency team to handle the situation whenever its occur. These
cyber securities prevent from the damages like infrastructure destroy. The companies are
launching many smart phones apps by which thy can prevent the cyber attacks in their phones.
social media is one of the biggest reason for the cyber attacks. So company has to prevent its
data by updating their technology. Some organisation use the cloud computing because of its
lesser cost and time. Another aspects is protects the information rather than information. The
company should save its information so it can be fully safes and not give the full emphases on
the system only.
Many author argue that what are losses from these risks like they can have the
financial looses, proprietor any personal information loses. They argue that even some time it is
difficult for the attackers faced difficulty to track the company information and system. So they
find the weakness of the company and than attack them. So company should control the

information from external as well as the internal. The supply chain of the any business enterprise
should carry in effective manner so that there is no scope of the cyber attacks take place.
Many authors say the new technology brings the new treats of the cyber attacks.
The devices which are newly launches in the market has the more risk of cyber crime. so
organisation should make policies to not use the mobiles,tabs,laptops in the office hours.
These are the some of the drawbacks of the technology but the technology brings new concept
to the business world as they make the work more easier and less costly. If any new concept is
coming in the market there are always merits and demerits of the technology. So we cannot
criticise the technology for only its few demerits. There are many benefits also to this
technology. Every single organisation is dependent on the technology and having the centralised
data storage in this systems. Occurs can be take to prevent these losses so that company can
protect its data as well as the the employees interest from all these attacks. Many companies are
coming with new ideas to make the solution of these cyber attacks. There is GPRS services
which protect from the cyber attacks. GPRS can correct the mistake during billing and give the
indication of the cyber attacks.
Conclusion
Cyber crime is big threat to big organisation with highly talented employees as in a
hacker's world the one who is able to break or breach the binary coding of any software
including the firewall and other securities of the company can use their data to harm them . As
most of the top businesses have faced cybersecurity issues . There are many organization which
are dedicated to work in this field with the help of government and other officials working in
this field they help other firms to keep their data safe . This is not limited to the various
organizations, even countries and other nations are working in this sector in order to keep their
data safe as seen above. This case also tells us about various type of hackers and reasons behind
the theft of work and other issues that can be a good base for a crime to be committed on the
counter part this case tells us about various ways and measures that has been made by
government to protect people from cybercrime.

References:
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Zhang, Q., Cheng, L. and Boutaba, R., 2010. Cloud computing: state-of-the-art and research
challenges. Journal of internet services and applications. 1(1). pp.7-18.
Li, X., Liang, X., Lu, R., Shen, X., Lin, X. and Zhu, H., 2012. Securing smart grid: cyber attacks,
countermeasures, and challenges. IEEE Communications Magazine. 50(8).
Khurana, H., Hadley, M., Lu, N. and Frincke, D.A., 2010. Smart-grid security issues. IEEE
Security & Privacy. 8(1).
Yan, Y., Qian, Y., Sharif, H. and Tipper, D., 2013. A survey on smart grid communication
infrastructures: Motivations, requirements and challenges. IEEE communications surveys &
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