[SOLVED] Did you know: ■ Once every 3 minutes,

Did you know: â– Once every 3 minutes, the average company comes into contact with viruses and malware. â– One in every 291 email messages contains a virus. â– Three things hackers want most are customer data, intellectual property, and bank account information. â– The top five file names used in phishing scams are Details.zip, UPS_document.zip, DCIM.zip, Report.zip, and Scan.zip. â– The average annual cost of a cyberattack on a small or medium-sized business is $188,242. Cyberthieves are always looking for new ways to gain access to your business data, business networks, and business applications. The best way to protect your business from cybertheft is to build a strong defense and be able to identify vulnerabilities and weak spots. According to John Brandon of Inc. magazine, the top five ways hackers will try to gain access to your businesses are highlighted in Figure Unit 1. (Please note that there are far more than five ways; these are just the five most common.) Required: 1. Explain why data, information, business intelligence, and knowledge are important to successfully running a business. Be sure to list examples of for each. 2. Why would hackers want to steal organizational information? 3. What problems can occur for a business that experiences a data theft from a CRM system? Would the problems be the same is the data theft occurred from an SCM system? Why or why not? 4. Define information ethics and information security and explain whether they are important to help prevent hackers from gaining access to an organization. 5. What type of metrics would an organization gather to help identify illegal system access? Figure 1:

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WEAK PASSWORDS With a $300 graphics card, a hacker can run 420 billion simple, lowercase, eight-character pass- word combinations a minute. Cyberattacks involve weak passwords 80% of the time, 55% of people use one password for all logins In 2012, hackers cracked 6.4 million LinkedIn passwords and 1.5 million eHarmony passwords in separate attacks. Your Best Defense: Use a unique password for each account. Aim for at least 20 characters and preferably gibberish, not real words. Insert special characters: @#$*&. Try a password manager such as LastPass or Dashlane. MALWARE ATTACKS An infected website, USB drive, or application delivers software that can capture keystrokes, pass- words, and data. An 8% increase in malware attacks against small businesses has occurred since 2012; the average loss from a targeted attack was $92,000. In February, hackers attacked about 40 companies, including Apple, Facebook, and Twitter, by first infecting a mobile developer's site. Your Best Defense: ■ Run robust malware-detection software such as Norton Toolbar. Keep existing software updated. Use an iPhone-Android phones are targeted more than any other mobile operating system. PHISHING EMAILS ■ Bogus but official-looking emails prompt you to enter your password or click links to infected websites. ■ A 125% rise in social-media phishing attacks has occurred since 2012. Phishers stole $1 billion from small businesses in 2012. ■Many small businesses were targeted in 2012 with phishing emails designed to look like Better Business Bureau warnings. Your Best Defense: ■ Keep existing software, operating systems, and browsers updated with the latest patches. ■ Don't automatically click links in emails to external sites-retype the URL in your browser. SOCIAL ENGINEERING ■ Think 21st-century con artist tactics, e.g., hackers pretend to be you to reset your passwords. ■ Twenty-nine percent of all security breaches involve some form of social engineering. Average loss is $25,000 to $100,000 per incident. ■ In 2009, social engineers posed as Coca-Cola's CEO, persuading an exec to open an email with software that infiltrated the network. Your Best Defense: ■ Rethink what you reveal on social media-it's all fodder for social engineers. ■ Develop policies for handling sensitive requests such as password resets over the phone. Have a security audit done. RANSOMWARE ■ Hackers hold your website hostage, often posting embarrassing content such as porn, until you pay a ransom. ■ Five million dollars is extorted each year. The real cost is the data loss-paying the ransom doesn't mean you get your files back. ■ Hackers locked the network at an Alabama ABC TV station, demanding a ransom to remove a red screen on every computer. Your Best Defense: ■As with malware, do not click suspicious links or unknown websites. ■ Regularly back up your data. Use software that specifically checks for new exploits.¹

Question: Did you know: ■ Once every 3 minutes,

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