Question

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

How can retail businesses manage the risk described in the question above?

Answer 1

The  risk in this situation describing is E-commerce risk. So, the correct option is "C".

The e-commerce risk can be managed against Retail breaches by protecting the customers and the company from payment card hacks. The retail shops can avoid security errors.Thus, the companies should take measures to identify vulnerabilities that are often left unprotected. Cyber thefts and hacking is rampant, and the company should use an Enterprise Immune systems for Cyber pathogens. The systems don't eliminate cyber threats but limit and contain them. The system would disrupt the lifecycle of advanced cyber-attacks by helping the companies that detect, prevent and respond to cyber-attacks threats.