Degree Type

Creative Component

Semester of Graduation

Fall 2018

Department

Theses & dissertations (College of Business)

First Major Professor

James Davis

Second Major Professor

Russel Laczniak

Degree(s)

Master of Science (MS)

Major(s)

Information Systems

Abstract

Cyber incidents can be defined as violations of explicit or implied policies that can include unauthorized access, disruption, unauthorized use, or changes to systems, networks, hardware, and software (US Cert, 2018). This description does not account for all possibilities and cyber incidents continue to evolve and increase in visibility for organizations (Pescatore, 2017). Cyber incidents can have real costs associated with them to governments, companies, and individuals. For instance, in December of 2013 Target Corp. reported a data breach of 40 million credit card accounts (Krebs, 2013). According to their 2016 SEC filings, it cost the company $291 million and hurt their reputation in the market (Herberger, 2016). Another great example would be the StuxNet attack where a worm was able to physically damage lab equipment required to develop nuclear weapons in Iran. The costs of lost national security, development time, and cost of the equipment were huge, but are not easily calculated (Kushner, 2013). Further the recent cyber incident at Equifax, where on September 7th of 2017 an estimated 143 million U.S. consumers’ data was breached at Equifax. While this is costly to the organization it had larger implications for consumers and the economy (DeMarco, 2018).

Copyright Owner

Wade Scholten

File Format

application/pdf

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