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Yee Lee Chen

Hackers Demand Ransom from British Telecom - 1 views

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    A British Telcom, TalkTalk, was hacked and demanded for ransom. 2 stakeholders: The company TalkTalk and subscribers to the company. The company was hacked for ransom and the data that was hacked were the personal information of the customers of TalkTalk. Issue #1: The hackers have gained very sensitive information such as credit card numbers and dates of birth. Negative: The hackers can use other people's money using the credit card information they received. They can also use the hacked information to do identity theft. Positive: There is no positive side to this. Issue #2: Some users and security experts criticized the company for going public about the hacking before knowing all the details. Positive: The company can use the criticism to help improve their company. Negative: The criticism can also reduce customers and statistics of their shares ratings.
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    Hi, Your post provides good insight to a negative side of the effects technology has on businesses. Both company owners, and customers must be aware of unfortunate possibilities like being hacked. I like how the two issues you addressed deals with both the technological side of things, hackers and what information can be leaked, and the business side, what the occurrence of this event means for the company itself.
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