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In 2017, one of the biggest cyberattacks ever to occur was caused by the failure of the management and IT staff at a well-known, very large enterprise to take the necessary action to prevent the hacking the personal information of over 800 million customers. The ability of the black hats to penetrate the technology portal at mega-giant Equifax and steal personal information was determined to be the simple failure to apply a patch to fix a known risk referred to as the Apache Struts vulnerability. An alert had been promulgated and the employees at Equifax knew of the vulnerability, and even ran some scans, but never applied the patch that would have prevented the reconnaissance and penetration of the data farm at Equifax. The credit-reporting agency had two months to apply the fix before the cybercriminals began stealing the data.
Research a recent cybersecurity issue that had a considerable impact on an enterprise. Describe in detail the recent cybersecurity issue that you chose. How was the enterprise impacted? And what could have been done to prevent the incident?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
This report is specific for a core understanding for Financial Accounting and its relevant factors.
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