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In past few years, a number of high-profile retail businesses (e.g., Target, Home Depot) have been...

In past few years, a number of high-profile retail businesses (e.g., Target, Home Depot) have been subject to personal information hacking. What type of risk is this situation describing?

: A) Product liability

B) Market Risk

C) E-commerce risk

D) All of the above

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Answer #1

Option D . All of the Above

Leaking of personal information will result in product Liability, Market Risk and E-Commerce Risk.

Product Liability - Leaking will result sharing of information with respect confidential information about different products which will result in heavy burden on the company.

Market Risk - Leaking will make customer question the authenticity of the company with respect to dealing of the customer personal information thereby resulting in loss of customer base

E-Commerce Risk - As ecommerce business is still in evolving stage. Customer question whether the information they use (debit card details) on website are free from leakages and thereby looking towards purchase from local markets

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