Impacts

Question 1

Impacts of the risks pt1

Answer 1

Loss of intellectual property
Loss of service and access
Breach of confidential information
Loss of third party data

Question 2

Loss of intellectual property

Answer 2

The impact of losing intellectual property depends on the property and how easy it would be to recreate or recollect the data. Competitors could use it to their advantage and the effect of an upcoming announcement to the public would decrease if leaked ahead of time.

Question 3

Intellectual property

Answer 3

Refers to anything an organisation or individual has designed, developed or created themselves.

Question 4

Loss of service and access

Answer 4

If usernames and passwords are stolen, then individuals may be unable to access services they have paid for. Other services can be targeted through malicious attacks such as DDOS so that users cant log into a webpage or online service

Question 5

Breach of confidential information

Answer 5

If this happens, it could lead to a loss of reputation as the holder would be seen as ineffective at protecting the data. Legal consequences would also follow as the DPA would be broken so there would be fines, court cases or even imprisonment.

Question 6

Confidential information

Answer 6

Information of a highly sensitive nature, such as medical histories, that should be stored securely

Question 7

Loss of third party data

Answer 7

This could lead to a loss of reputation, trust and even legal proceedings if personal and sensitive data is lost.