Busn 100 Discussion
Each answer must be at least 300 words with separate references
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After watching the Wall St. Journal video with the Colonial Pipeline CEO, and reading the Law360 Expert Analysis article on how to manage cyber risk, do the following:
- Conduct Internet research and identify a company that was recently held for Cyber-ransom, of any kind.
- Identify the company, why it was held ransom & what could/should have prevented it?
- Did the company pay a ransom?
- Who was responsible for the decision to pay/not pay?
- Was the decision to pay ethical? (To pay or not to pay)
Cash flow is what keeps the company alive in an era of cashless transactions. Do a little research and identify a company from Materials (raw) that experienced cash flow problems, how did they address the issue?