What problems does a company face when someone hacks data


Discussion Question

E-Commerce offers the promise of conducting business on the Internet, via Web-enabled applications. This allows organizations to sell and deliver products and services to customers remotely via the Internet. However, there are security concerns, for both the organization's assets as well as the customer's personal information.

1• What problems does a company face when someone hacks into their data?

2• What are the legal aspects of loss of customer personal information? (Search the Web)

3• What are the ethical aspects of a company knowing if their data is secure or not? What is their responsibility?

4• If data has been compromised, what does a company do about it?

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Microeconomics: What problems does a company face when someone hacks data
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