Short Research on PAYLESS
From the very first day the Payless Corporation is having issues in these 4 main departments of their business: unavailability of n/w, illegal financial functions/operations, IT security Budget costs & accommodated applications. Due to the non-settlement of these Issues Corporation had gone through severe loss n got diminished.
This memo will help to understand these issues in details:
1. Unavailability of n/w: In the morning of 31 Jan., the users at Payless Foods & different offices at different branches can access the network but with the passage of time they were not able to connect to the network & also the trouble tricking system got overloaded with the cases needs guidance that it got crashed. After this, even the CEO & many other vendors tried to access the n/w but no one gained the access. Then, IDMS also applied their assistance and they too failed.
2. Illegal financial functions/operations:The Head of the Corporation founded that number of subsequent transactions of heavy amount had been occurred out of which only one got cleared & other two were caught causing the corporation the severe loss.
3. IT security Budget costs: Initially, the corporation didn’t bother much about the security & its budget much but after the origin of these types of issues they started to make their security strong. And for this, they invested almost CAD 600 $ in which employees were given the information of creating the passwords & which attachments to open.
4. Accommodated applications: Breaching the one of the major applications of the corporation was the biggest achievement for the hackers to get in with the database & to gain as much information about the client’s credit cards details to use it for their own benefit as security functions were not completely & properly installed.
The issues discussed can be handled by:
1. Unavailability of n/w: As CISO, I started the n/w intrusion detection system that was used in encountering the intruders & malwares before
This memo will help to understand these issues in details:
1. Unavailability of n/w: In the morning of 31 Jan., the users at Payless Foods & different offices at different branches can access the network but with the passage of time they were not able to connect to the network & also the trouble tricking system got overloaded with the cases needs guidance that it got crashed. After this, even the CEO & many other vendors tried to access the n/w but no one gained the access. Then, IDMS also applied their assistance and they too failed.
2. Illegal financial functions/operations:The Head of the Corporation founded that number of subsequent transactions of heavy amount had been occurred out of which only one got cleared & other two were caught causing the corporation the severe loss.
3. IT security Budget costs: Initially, the corporation didn’t bother much about the security & its budget much but after the origin of these types of issues they started to make their security strong. And for this, they invested almost CAD 600 $ in which employees were given the information of creating the passwords & which attachments to open.
4. Accommodated applications: Breaching the one of the major applications of the corporation was the biggest achievement for the hackers to get in with the database & to gain as much information about the client’s credit cards details to use it for their own benefit as security functions were not completely & properly installed.
The issues discussed can be handled by:
1. Unavailability of n/w: As CISO, I started the n/w intrusion detection system that was used in encountering the intruders & malwares before