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Home Depot Hack
It wasn’t that long ago that a million was considered, well, a lot. After what has happened to Home Depot a million doesn’t seem so big anymore. Consider these millions:
56 Million: This is the number of credit and debit card numbers that were stolen by attackers from Home Depot customers, the company announced (September 18 2014).
16 Million: This is the number of additional card numbers of the Home Depot theft over and above the theft revealed last year from Target. Target’s customers suffered a loss of “only” 40 million cards, while Home Depot’s stolen card count is 16 million more than that.
62 Million: This is the estimated total expense in 2014 that it will cost Home Depot to recover from the attack.
27 Million: This is the amount for which insurance will cover Home Depot’s losses.
35 Million: This is the amount that Home Depot has to pay out of its own pockets for the attack.
148 Million: This is the cost that Target estimates for its attack last year.
Many, Many, Many Million: This is what Home Depot will end up paying as a result of the attack.
So how did it all happen? We know that malware infected the point-of-sale terminals from April to September of 2014 in 1,700 of Home Depot’s 2,200 stores and grabbed customer card numbers as they were swiped. Officially that’s all that Home Depot has said. A report (Sep 18 2014) by Bloomberg Businessweek claims that Home Depot resisted activating an intrusion prevention system (IPS) feature in its installed security software suite because the program sometimes generated false positives. The report goes on to say that security consultants urged Home Depot several times over a six-month period to turn on the firewall in the security suite software instead of relying on the Microsoft Windows Firewall, which is a host-based application firewall
Stay secure!
HomeworkThink Critically Home Depot Hack Essay Submittal
Submit an essay based on real-world scenario. The essay should be no more than 1-2 double spaced pages, size 12 font. It should have an introduction, a body and a conclusion. The essay could address any of the following questions:
1) What is you initial reaction to the scenario?
2) From a security stand point, what are people supposed to do?
3) How should the Home Depot company have handled the situation?
4) What should a good company policy be, to handle situations like this?
You should use APA citation styles and all sources should be cited.You should use at least 2 resources for the paper.
Expert Answer
1) What is you initial reaction to the scenario?
We must maintain all the necessary actions in order to have better security like:
– Saving and securing all the business data of a organisation or a big company.
– In order to align security with the corporate culture we should Understand the values and culture of your organization
– Understand the current Strengths and the Weaknesses, and Opportunities, and Threats in the business.
– Identifying what needs to be done in the company or in an organisation.
– Identifying what should be done first in business.
– Approaches to obtaining funding
– Promoting the work of the team
– Developing effective metrics and Dashboards in the business
– Learning to innovate with the business so that it will be useful to business development
2) From a security stand point, what are people supposed to do?
– People must know the understandings about the security malwares
– People must know the malware and firewall disability behavior in the company
– People must know the right thing in securing and giving the security
– People must know the policy protects people, organizations, and information
– People must know the Relationship of mission statement to policy
– People must know the Policy versus procedure.
– People must know Policy needs assessment.
– People must know the Governing policy
– People must know the Issue-specific policy
– People must know the Positive and negative tone
– People must know the Policy review and assessment process
– People must know the Role of psychology in implementing policy
– People must know the Organizational culture
3) How should the Home Depot company have handled the situation?
– They must know about the Leadership of developing the organisation.
– They must know the Creating and Developing the entire working team.
– They must know to give them better Coaching and Mentoring the team
– They must know to maintain the Customer Service Focus
– They must know how to rectify the Conflict Resolution
– They must know to maintain the Effective Communication
– They must know they Leading through Change
– There must be a Relationship Building within the team.
– They must know the Motivation and Self-direction
– There must be a effective Teamwork
– There must be Leadership Development
4) What should a good company policy be, to handle situations like this?
– A good company must be Developing a team mission statement that will be used in an company or in an organizational with there goals
– In order to make the team more successful we should try to Learn to identify, understand, and manage customers.
– In order to have better understand in security we should Identify the firewalls and protection and how to secure the data.
– we always make sure of security and there Understanding on doing business and how business leaders develop strategy
– Make more informed purchase decisions to Apply analysis on security things
– Understand the hackers and attacker motivations and techniques in all aspects
– Understand assets and process of business that are most valuable to the business.
– Learn the strategic planning of kill chain and threat intelligence in all levels.
