Cybersecurity Threats Assignment

   

Added on  2021-04-21

5 Pages1057 Words121 Views
Cybersecurity ThreatsNameInstitutionProfessorCourseDate
Cybersecurity Threats Assignment_1
Equifax incident summaryIn July 2017, the Equifax bureau was attacked by cybercriminals and lost about 145million customers’ personal data (Brien 2017, p. 5). The number of affected data was translatedto represent 44% of American population. The data breach raised public interest due to theamount of personal data that was stolen. The data stole ranges from; birth dates, names, mailingaddresses, driving licenses and Social security numbers. The big issue remains on the use ofstolen data from the subject Company. The attacker used US-CERT and Apache foundation togain access to Equifax data (Mathews 2017, p. 12). The attacker exploited a specific flaw inApache Struts which is a very sensitive programming framework which was being used by theEquifax to support its web application portal customer disputes. Affected stakeholdersIn any data breach incident such as Equifax case, sensitive data tend to be lost and thisaffects various stakeholders. In this regard, personal data was lost and many customers’ to thecompany lost their personal information that should not go public at any time. Those affectedinclude; individual customers’ who lost their credit cards and social security numbers, businessesthat have transacted with Equifax and government agencies. The affected individuals,companies, and government agencies feel their data might be subject to fraudulent activities(Mikhed & Vogan 2018, p. 193). The magnitude of the attacker is quite high because most of thestakeholders had to take a personal initiative of freezing their credit card activities and reports.This is a clear indication they may have taken sometime without conducting any business. Toorganizations as stakeholders, very sensitive data lost may give their competitors a competitiveadvantage resulting in business collapse. The Equifax itself lost confidence from public image
Cybersecurity Threats Assignment_2

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