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Information Security Risk Management

   

Added on  2019-09-26

7 Pages1066 Words178 Views
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Running Head: Information Security Risk ManagementINFORMATION SECURITYRISK MANAGEMENT[Document subtitle]
Information Security Risk Management_1

Information Security Risk Management1Table of ContentsAbstract............................................................................................................................................1Problem............................................................................................................................................1Risk Review.....................................................................................................................................1Process of bringing Changes...........................................................................................................2Conclusion.......................................................................................................................................3References........................................................................................................................................4
Information Security Risk Management_2

Information Security Risk Management2Abstract In this paper, a risk statement of Merck & Co. is analyzed to suggest it the better review and change adoption process. It has been done analyzed under the light of certain facts and concepts of risk management. It is a famous pharmaceutical company which suffered from a great hackingrisk which caused though Ransomware virus. It is a virus that locked users out of their computersand demanding a payment of $300 from them. ProblemMerck which is US based pharmaceutical company affected by a sprawling cyber-attack which demanded money in exchange of its computer networks and important information files. Therefore, it influences the working scenario of the company which interrupts its manufacturing process. Such interruption causes a huge loss to the company. The virus attack happened on the Merck was also known as Petya (https://www.washingtonpost.com/news/the-switch/wp/2017/06/27/pharmaceutical-giant-rocked-by-ransomware-attack/?utm_term=.de0be78c322e). This cyber-attack mainly exploited a vulnerability discovered some years ago by a National Security Agency. During the attack, Merck also agreed to pay the demanded amount, but no guarantee had been given by the person behind the attacks. Therefore, this disappoints the company and hampers its manufacturing and other business processes. Due to this issue, it was not able to continue its work such stoppage and interruption causes huge financial as well as the reputation loss to the company.
Information Security Risk Management_3

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