Answer To: HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HI5019 Strategic Information Systems for Business and...
Rithik answered on Jun 10 2021
HI5019
STRATEGIC INFORMATION SYSTEMS FOR BUSINESS AND ENTERPRISE
NAME AND STUDENT NUMBER: _________________________
Table of Contents
Introduction 3
Case Study 1: Cognizant 3
Description of Case Company 3
General Information of the Company 3
Key Business Processes of the Company 3
Cyber Security Issues Covered 3
Key Cyber Security Issues Identified in the Case 3
Risks Associated with the Issue 3
Impacts of the Issues on the Case Company 3
Lessons Learnt from the Case 4
Actions Reported in the Case to Address the Identified Issues 4
Outcomes of the Reported Actions 4
Proposed Actions Other than the Reported Ones that could be taken to address the Issues 4
Suggestions for Preventing the Issues in Future 4
Case Study 2: Ascena 4
Description of Case Company 4
General Information of the Company 4
Key Business Processes of the Company 5
Cyber Security Issues Covered 5
Key Cyber Security Issues Identified in the Case 5
Risks Associated with the Issue 5
Impacts of the Issues on the Case Company 5
Lessons Learnt from the Case 5
Actions Reported in the Case to Address the Identified Issues 5
Outcomes of the Reported Actions 6
Proposed Actions Other than the Reported Ones that could be taken to address the Issues 6
Suggestions for Preventing the Issues in Future 6
Case Study 3: Allegiant Travel 6
Description of Case Company 6
General Information of the Company 6
Key Business Processes of the Company 6
Cyber Security Issues Covered 6
Key Cyber Security Issues Identified in the Case 6
Risks Associated with the Issue 7
Impacts of the Issues on the Case Company 7
Lessons Learnt from the Case 7
Actions Reported in the Case to Address the Identified Issues 7
Outcomes of the Reported Actions 7
Proposed Actions Other than the Reported Ones that could be taken to address the Issues 7
Suggestions for Preventing the Issues in Future 8
Conclusion 8
References 9
Introduction
The knowledge of cyber security is very important to have now a days because it provides the better understanding and also helps to understand that what are the possible given outcomes, in which one can save themselves from the grip of the cyber attackers or cyber operators. Besides that, if one can caught with them then it is not an option to get over it completely. Only the cyber operator or cyber attackers could allow one to decode the malware but in exchange they want plenty of money or something only in that case they going to allow to the one their particular file. Apparently in order to eliminate or kicking out these sort of problems, therefore, the one should have any sort of cyber security. It allows to the particular system to control the any kind of upcoming cyber-attacks. And the main cyber security, which need to opting to the any kind of giant multinational companies or the business firms, which is Artificial Intelligence (AI) and Internet of things (IOT).
Case Study 1: Cognizant
Description of Case Company
General Information of the Company
Cognizant is an American multinational company, which provides IT services, which founded in 26 January 1994 including the services related to the digital business, technology enhancement, consulting and operation sort of services. The headquarters of the Cognizant is situated in Teaneck, New Jersey and United States (Cognizant, 2020).
Key Business Processes of the Company
In Cognizant, the company treats their business processes as a service and it is a type of business process outsourcing, which is delivered on a cloud services model. BPaaS is meant to connect with the other services also, which comprises of services processing and it may even be a sort of personal services, which is fully configurable. BPaaS is stated to provide the services, which are related to the people, technology and processes (Kale, Veeravalli & Wang, 2020). In order to making use of the availability in the company they need to operate the pay per use sort of service.
Cyber Security Issues Covered
Key Cyber Security Issues Identified in the Case
The company itself released a statement, in which they stated that the Cognizant could confirm that a security breach or incident involving the company internal systems and that causing services disruption for some of the existing clients of the company it is happening because of the maze ransomware attacked their systems. The Cognizant stated that their internal security teams were supplemented by leading their cyber defence firms are jump in this incident in order to get rid of it (Cognizant, 2020). On the other side, the company also engaged in the with the legitimate law authorities, which help them to move out from the particular instance legally.
Risks Associated with the Issue
The maze Ransom ware is known for the encrypted the data and it was launched in May 2017. Besides, it is known for hacking the files of the company system by breaking any sort of breach easily and entered into a company system. Moreover, typically the goal of the ransomware is to attack the computers in a network and encrypted the files and in addition to that, they demand a ransom to recover the files. Generally, the attacker who operates the ransomware has the ability to facilitate the exfiltration of the data or transfer the data into their server (Kale, Veeravalli & Wang, 2020).
Impacts of the Issues on the Case Company
Due to the maze ransomware attack, the Cognizant has not yet been named on an official website with maze attackers. Although the website has named other companies in the earlier years in order to failing to comply, which is related to the maze attackers’ ransomware demand. In order to clear the things with the media of the world Cognizant stated that the spokesperson of the company is not supposes to give the clarifications beyond their threshold.
Lessons Learnt from the Case
Actions Reported in the Case to Address the Identified Issues
The Cognizant also added in their statement that they would take the stock of the incident and refer that it is measurable for the client to take further necessary steps for them. Besides that, the company claimed that their internal security teams, which was supplemented by the leading cyber defence firm, which are actively participated. In the further, they thought of taking steps, which contain the information of this incident. Cognizant also commend that they are kept engage in the ongoing communication with their specific clients (Lacy & Prince, 2018). It is also provided them with some sort of an indicator of the compromise and other important technical information.
Outcomes of the Reported Actions
The company named Aroba of Cybie said that the ransomware group, which belongs in that particular, case and understands the brand value of the particular organisation. In addition, it has turned to a well-funded network or a connectivity in the upcoming years the company spokesperson said that due to the successful attacks of the ransomware it reflects the growth of their particular affiliates, which belong from the particular organisation. Due to the increasing...