Essay Examples on Christ the Saviour Seminary

This study will illustrate several aspects of economics of Information

This study will illustrate several aspects of economics of information security by analysing a specific cybersecurity breach and explain its significance for the broader cybersecurity economy It will also discuss the specific information security practices or lack thereof that lead to the breach the method through which the breach was exploited discussion of the economic costs of this breach for those that were directly affected by it and what measures could have been taken to mitigate the breach Finally the study will contextualise this case study in the broader cyber security economy by highlighting the significance of this case study for broader economic costs and practices associated with cyber security The cybersecurity breach that has been chosen to be analysed is the WannaCry cyber attack in 2017 and mainly focusing on the impact it had on healthcare NHS On Friday 12 May 2017 a ransomware attack was launched globally known as WannaCry which affected more than 200 000 computers in 150 countries In the UK one of the biggest victim of this attack was the NHS however it was not a targeted attack According to NHS England the ransomware affected at least 81 trusts across 



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