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The Capital One stock dropped by 11% following the breach in their systems executed by one bold individual, allowing access to their client's private
The Capital One stock dropped by 11% following the breach in their systems executed by one bold individual, allowing access to their client's private financial information. The WannaCry malware attack is designed to disrupt business operations by holding critical data for ransom. Between 2011 and 2013, Iranian hackers launched distributed denial-of-service attacks that Choose... Reputational risk Business operational risk Legal compliance risk Choose... Choose... forced the computers of 46 major financial sector companies to go offline. Despite responding with empathy and honesty, Capital One was criticized by members of the US Senate Committee on Banking, Housing, and Urban Affairs, stating that the bank had been ineffective in their cloud security and failed to protect their clients from harm. In addition to this, Capital One was fined US$80 million. Choose...
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