Cyber Security Assignment | Future Data Thefts

Running head: PROJECT TO FIGHT FUTURE DATA THEFTS IN MNCS
Project to Fight Future Data Thefts in MNCs
Name of the Student:
Name of the University:
Author Note:

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PROJECT TO FIGHT FUTURE DATA THEFTS IN MNCS
Executive Summary:
The multinational companies all over the world are threatened by cyber threats and resultant
losses of data. The customers of these companies are also under threats because they often
use the digital portals to make online purchases and share confidential financial data. The
paper would delve into this serious threat with Amazon, the largest ecommerce company in
its background.

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PROJECT TO FIGHT FUTURE DATA THEFTS IN MNCS
Table of Contents
Introduction:...............................................................................................................................2
The issue the project would investigate:....................................................................................2
Outcome 1: Loss of business data:.........................................................................................3
Outcome 2: Loss of market goodwill:....................................................................................3
Outcome 3: Loss of business:................................................................................................4
The project plan:........................................................................................................................4
Methodology and the extent of its use in the project:................................................................7
Project highlights:......................................................................................................................7
Disappointments, setbacks and problems:.................................................................................8
Project outcomes:.......................................................................................................................8
Outcome 1: Stronger protection against data thefts:..............................................................9
Outcome 2: Prevention or at least minimisation of data theft:...............................................9
Outcome 3: Strengthen the financial position of Amazon:....................................................9
Recommendations:.....................................................................................................................9
Strong passwords:................................................................................................................10
Employee training:...............................................................................................................10
Integration of central data theft detection with host country:..............................................10
Interventions required:.............................................................................................................11
Conclusion:..............................................................................................................................11
References:...............................................................................................................................12

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PROJECT TO FIGHT FUTURE DATA THEFTS IN MNCS
Introduction:
Data theft is a serious issue in today’s world and is a great threat to data bases which
companies share with their customers. Hacking data by unauthorised identities can lead to
financial losses to companies and customers. The assignment would deal with this serious
threat with Amazon as a company of choice. The paper would first point out the issue and its
outcomes. Then it would go forward to recognise the outcomes of the project which Amazon
looks forward to gain (amazon.com, 2018). The study also contains recommendations for
Amazon regarding how it can deal with the serious issue.
The issue the project would investigate:
The project would investigate into the issue of data thefts encountered by
Amazon and its potential impacts on the company. Amazon faces threat from data hackers
due to several factors. The American multinational company is the largest internet retailer
and cloud computing services offering company in the world. The customer profile of the
company consists of government departments like defence and other multinational
corporations (Prasad & Haldar, 2015). Thus the data base of Amazon contains confidential
information of governments, multinational corporations, small enterprises and individual
customers, both rich and middle class. Hacking the data base would make huge amount of
financial information available to the illegal hackers (money.cnn.com, 2018). The company is
strengthening its internet security but the hackers are also advancing their hacking procedures
to break into the company’s confidential database. This threat is becoming even more severe
as the multinational company is expanding its business (Devdhar et al., 2016). This requires
Amazon to initiate a project to counteract the growing strength of the hackers. The following