Viljoen plc has suffered the following events: (1) An accidental failure of IT security resulting in publication of confidential client data (2) A deliberate breach of IT security resulting in client data being passed to a competitor (3) A new government regulation resulting in increased IT security costs Which of these events are examples of cyber risks materialising? A. (1) and (2) only B. (1) and (3) only C. (2) and (3) only OD. (1), (2) and (3)
Viljoen plc has suffered the following events: (1) An accidental failure of IT security resulting in publication of confidential client data (2) A deliberate breach of IT security resulting in client data being passed to a competitor (3) A new government regulation resulting in increased IT security costs Which of these events are examples of cyber risks materialising? A. (1) and (2) only B. (1) and (3) only C. (2) and (3) only OD. (1), (2) and (3)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Viljoen plc has suffered the following events:
(1) An accidental failure of IT security resulting in publication of confidential client data
(2) A deliberate breach of IT security resulting in client data being passed to a competitor
(3) A new government regulation resulting in increased IT security costs
Which of these events are examples of cyber risks materialising?
A. (1) and (2) only
B. (1) and (3) only
C. (2) and (3) only OD. (1), (2) and (3)
Expert Solution
Step 1
Several event have been given. We have to identify those that correspond to cyber risks in action.
Risks associated with IT infrastructure and internet are collectively referred to as cyber risks.
Step by step
Solved in 4 steps
Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education