Importance of Data Security in Business Organizations
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Questions and Answers

What is a common source of data security threats mentioned in the text?

  • Employees only
  • Cyber criminals looking for financial gain only
  • Third-party vendors only
  • Both employees and cyber criminals looking for financial gain (correct)

Why is data security considered a vital issue for organizations?

  • To discourage sharing of sensitive information
  • To increase the storage of non-critical data
  • To maintain the reputation of the organization (correct)
  • To allow unauthorized access to data

What type of data is commonly held by organizations according to the text?

  • Social media passwords
  • Non-essential personal data only
  • Personal shopping history
  • Business plans and financial results (correct)

Which action by an individual increases the risk of data leakage according to the text?

<p>Sharing sensitive data with others (C)</p> Signup and view all the answers

What is one reason individuals hold personal data on their personal computers according to the text?

<p>To perform online functions like shopping and social networking (B)</p> Signup and view all the answers

In what way does holding valuable information provide an edge to organizations over their competitors?

<p>By enhancing decision-making capabilities (B)</p> Signup and view all the answers

What type of personal data was stored on the missing disk drive in the Health Net case study?

<p>Health information, Social Security Numbers, and bank account numbers (D)</p> Signup and view all the answers

How many payment card numbers were leaked during the attack on Michael Stores?

<p>2.6 million (D)</p> Signup and view all the answers

What action did the Connecticut Attorney General take against Health Net?

<p>Sued them for failing to protect patient records and delayed breach notification (D)</p> Signup and view all the answers

How did the criminals attack the point of sale systems at Michael Stores?

<p>By using highly robust malware (D)</p> Signup and view all the answers

Whose data was leaked by a former financial advisor in the Variable Annuity Life Insurance Co case study?

<p>Variable Annuity Life Insurance Co customers' data (A)</p> Signup and view all the answers

Which company offered one year free subscription for credit monitoring and identity theft protection to those affected?

<p>The hospital (A)</p> Signup and view all the answers

Why is data security crucial for organizations according to the text?

<p>To prevent catastrophic effects on the organization (D)</p> Signup and view all the answers

What is the consequence if an organization's data is not protected according to the text?

<p>Potential catastrophic effects on the organization (A)</p> Signup and view all the answers

How often does data theft occur according to the text?

<p>Daily (D)</p> Signup and view all the answers

What is the main purpose of Business Data Protection as mentioned in the text?

<p>To protect confidential information from unauthorized access (C)</p> Signup and view all the answers

Which of the following best describes the current status of data storage in organizations as per the text?

<p>All data is present in digital form (B)</p> Signup and view all the answers

What can happen if an organization neglects data security according to the text?

<p>Consumers' information can be at risk and competitors can access confidential data (B)</p> Signup and view all the answers

What does data security aim to prevent?

<p>Unauthorized access (A)</p> Signup and view all the answers

Why is data security important for organizations?

<p>To enhance public trust (A)</p> Signup and view all the answers

What is the main focus behind data security?

<p>Protecting personal or corporate data (B)</p> Signup and view all the answers

Which term refers to protective measures applied to prevent unauthorized access to digital data?

<p>Data protection (B)</p> Signup and view all the answers

Why is data security considered a critical consideration for any organization?

<p>To ensure efficient service delivery (B)</p> Signup and view all the answers

What can happen if confidential data is not secured properly?

<p>Potential huge losses to the organization (C)</p> Signup and view all the answers

Why is data security considered the main priority for organizations?

<p>To prevent unauthorized access to computers, databases, and websites. (C)</p> Signup and view all the answers

What can happen if an organization ignores security measures?

<p>They risk destroying their reputation with just one betrayed customer. (B)</p> Signup and view all the answers

What is more valuable than computer software and hardware for an organization?

<p>The data possessed by the organization (B)</p> Signup and view all the answers

What can happen if an organization believes they won't fall prey to a cyber-attack?

<p>They are gambling with their entire business. (C)</p> Signup and view all the answers

What is data security aimed at preventing?

<p>Unauthorized access to computers (C)</p> Signup and view all the answers

How does the text emphasize the importance of protecting data?

<p>By stating that it is more valuable than software and hardware. (D)</p> Signup and view all the answers
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