Here are some of the potential business risks -
Loss of customer faith
If the customers of DT games were to see that there was a security breach in the news they would begin to think about the business and about using the business in the future.
If the customers had their card details stored with DT games there could be the possibility of their details being stolen which will lead to complications on the customer end.
This would mean that in the future the customers would think twice about using DT games again and might end up changing and taking their custom to another rival business.
Loss of business
Losing customer faith will also lead to a loss of business, as they will want to take their custom to another rival business which will
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This might lead to courts becoming involved on behalf of some of the employees especially if their details have been stolen.
Their home address might have been stolen, which could lead to them being burgled while they are not home.
A breach at the DT games can potentially have a knock on effect on their customers and employees which could be fatal all because of an unsecure network.
Increased costs
After the damage has been done following the breach of the network, there will be repairs to be made along with data recovery and possibly compensation given to those effected.
Repairs might need to be made to the building if the hack was done on the building and not just online.
Compensation will need to be given to employees or customers which have been effected by the breach, sometimes these compensation packages can accumulate to hundreds of thousands of pounds but it depends on the severity of the breach.
Loss of confidentiality
When a hacker targets a business they will normally be looking to find some bank details from which they will take all of the money with no
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The breach in a system may compromise the validity of data and will affect the business as it will need to gather the information again which will cost them time and money, which for some businesses is hard to do.
Security issues
For the hackers to gain access to the network at DT Games they would need to use some sort of hacking tool or malicious software.
Sometimes these tools have other aspects to them which can go undetected after the security breach and can harm the network in the future.
If a breach was to happen and a Worm was to be left inside the system, at some point in the future the system will fail again and will have had all of the data copied before anyone knows what has happened.
How to minimise these business risks
To minimise the risks to DT Games, you will need to have the correct preventative measures in place from the start to ensure that there is very little chance that the computer network could be
John Culhane reports that DraftKings employee Ethan Haskell has taken unfair advantage of the information he receives as an employee. As an employee of DraftKings, Haskell is justly forbidden from participating in DraftKings fantasy contests. However, there is nothing stopping him from entering contests in FanDuel, which functions under a system very similar to DraftKings. On September 27th, Haskell revealed that he had insider information, and that he was the “only one with this data.” With this data, Haskell outscored over 220,000 people in a contest that week and brought home $350,000. Culhane reports that many at DraftKings make more money on FanDuel contests than from their own salary. This is absolute corruption. Hundreds of thousands of people are losing their money to people who should not be allowed to participate in the contests. This calls for more regulation and the banning of employees from playing in their competitor’s contests. Many believe that those who work for one of the companies do not have an unfair unadvantage. Rather, they are just very knowledgeable in fantasy football and, after working with the game constantly, know the smartest way to play the game. This logic, however, is wrong. The evidence of Haskell beating out over 220,000 participants cannot be a coincidence. The corruption of FanDuel and DraftKings employees using insider information is one reason why daily fantasy sports need to be regulated; regulation will secure safety and fairness for all
The destruction of gratitude that comes with re-branding, consumers might not realize that it is the same organization and may explore services with a more familiar business.
American Massive Business Hack: This is considered to be one of the largest hacking ever in which hackers stole 160 million credit and debit card numbers and targeted 800,000 (Beekman). This massive attack which happened over eight years ago hit lot of companies including NASDAQ. Some of these companies include 7-eleven, J C Penny, Hannaford, Hartland, Jet Blue, Dow Jones, Euronet, Visa Jordan, Ingenicard etc. Over seven years, five Russian and Ukrainian used sophisticated hacking techniques to compromise millions of credit card numbers and bank details. This isolated and unexpected operation spanned across the world and resulted in at least $300 million dollar in losses to organizations as well as individuals. The cyber attacks occurred between 2005 and 2012, and many of them were carried out in 2008 and...
Major League Baseball released a statement saying the decision will have "profound effects" on the sport. "Our most important priority is protecting the integrity of our games," MLB's statement continued. "We will continue to support legislation that creates air-tight coordination and partnerships between the state, the casino operators and the governing bodies in sports toward that goal." Fantasy sports companies have announced they would take on line sports bets. Indian casinos they want in on the action. Some tech companies want in on the ground floor by setting up on line
Risks • There’s a possibility that I can experience withdrawal symptoms such as irritability or depressions. • Worst case scenarios might have to lead to medication having to be taken which may not be safe for me. • The feeling or “excitement” you would get whilst gaming wouldn’t occur anymore which can be a way of stress relief. • There’s a possibility of losing the social connection that is made from gaming.
The career could fall apart at any moment and the gamers will have to start from scratch. This can seem during an interview with Impaler, Impaler replied to Dan saying, “If we win the game we’re in, if we lose the game we’re out”. During a different interview, Impaler also said “you might win a tournament today, you might lose one tomorrow”. Greensheep also was talking about doing gaming against his parents wishes saying, “They weren’t very happy about me going into gaming.. they didn’t know where the money was coming.
In December 2013, Target was attacked by a cyber-attack due to a data breach. Target is a widely known retailer that has millions of consumers flocking every day to the retailer to partake in the stores wonders. The Target Data Breach is now known as the largest data breach/attack surpassing the TJX data breach in 2007. “The second-biggest attack struck TJX Companies, the parent company of TJMaxx and Marshall’s, which said in 2007 that about 45 million credit cards and debit cards had been compromised.” (Timberg, Yang, & Tsukayama, 2013) The data breach occurred to Target was a strong swift kick to the guts to not only the retailer/corporation, but to employees and consumers. The December 2013 data breach, exposed Target in a way that many would not expect to see and happen to any major retailer/corporation.
The hackers, if they are successful, can gain information on developments in firepower and even worse the nuclear bomb codes. So cyber security is crucial for the government to keep their sensitive information safe. This was shown when a Chinese hacker hacked government email accounts with a form of phishing. Phishing is the attempt to acquire sensitive information such as usernames, passwords, and credit card details often for malicious reasons, by masquerading as a trustworthy entity in an electronic communication (Wikipedia). This led to government officials shutting down most alerts on employee accounts to prevent this form of hacking. Phishing is often present in emails mostly. Such as if someone was to receive an email from their boss on an important task the hacker could have hidden malware in the email. Then even though they opened what appeared to be an informational email from their boss they let a hacker into their computers and they will be able to access anything on your computer they have the skills to
Providing great customer service and having the ability to retain customers require consistency in delivering the anticipated services. Customer service encompasses having the ability to provide a service or product to customers by means in which it was promised. However, there are times when unforeseen circumstances may occur, resulting in customer service breakdowns. Understanding the effectiveness of customer service relations provides the assurance needed to handle complicated service related issues. A well qualified customer service representative has the acquired skill to effectively defuse a potentially damaging service related matter. Service recovery influences customer retention and improves customer satisfaction.
...ough quality or enough service, satisfaction will result. However, we have evidence to support that quality and service alone can not produce recurrent satisfaction. Satisfaction is a distinct and separate issue.
That an individual will attack or corrupt the data in the electronic system, either as vandalism or to extort money from the sponsoring financial institutions.
The barriers of entry that could possibly affect the market in which my event planning business operates is brand loyalty and economies of scale.
over $10 million to his own accounts. A 16 year old English hacker penetrated a highly sensitive military research facility in Rome, New York. Just last year hackers shut down several 911 systems in Florida (Smith). So not only are they costing us money but they're also putting people's lives in danger.
According to [3], game design refers to “something to program about.” When creating games, one must take into account the flow and structure of a game. These cannot be ignored since a domino effect follows: poor design will lead to a poor implementation of the game. A poorly implemented design would then lead to a program that is vulnerable to both simple and complex attacks. [1] mentions that loopholes or bugs in games may occur as a product of poor game design. This brings another point: poor design can lead to exploits. Bugs (in games) are more often than not exploited in order to gain some sort of virtual good or advantage, rather than being reported to the developer for further improvement. [1] also discusses different forms of cheating, some of which can be attributed to a poor design. These forms of cheating may include (as an example, for online games) hacking a server or database to gain an advantage, or hacking a system itself to extract valuable information, among many others. With respect to offline games, [4] describes an exploit which could affect others’ game play. Theoretically, one would assume that offline games would not affect others’ game play since, there are no networks or servers or connections to the internet, unlike online games. However, for offline games, it is possible for two users to share the same system, and therefore share the same game but with a difference in the saved game file though. The sum of it all is that a game developer’s poor design could be a “portal” for exploitation.
When entering a restaurant, I usually expect to leave full, satisfied, and wanting to come back again. I believe that many people expect the same thing. If I am paying for a service, I expect for it to be impeccable. When I receive poor service, I act based on the circumstances. I can be outspoken, quiet, or apologetic when I receive poor service.