Cybersecurity Attacks: Impacts on Business and Society - Report

This report provides an overview of cybersecurity attacks, defining them as malicious actions targeting computer systems and networks to access sensitive data. It highlights the increasing threat due to rising internet usage, emphasizing the need for robust security measures. The report discusses various attack types, including malware, phishing, and DDOS, explaining how they compromise systems and lead to data breaches. It examines the reasons behind selecting cyber-attacks as a critical issue, focusing on their impact on business performance and societal implications. The report analyzes the impact of cyber-attacks on businesses, detailing the financial and operational consequences, and also discusses the societal impact on individuals and their data privacy. The conclusion underscores the importance of developing effective security strategies and policies, including encryption techniques, to mitigate the risks associated with cyber-attacks. The report references several academic sources to support its findings.