FIS Assignment 1
FIS Assignment 1
FIS Assignment 1
Africa University
Fundamentals of Information Security
Assignment 1
4th February 2023.
A dozen of the debit cards that the Union Savings Bank in Danbury, Connecticut, had issued at the start of
March 2012 had an uncommon pattern of fraud. It also discovered that numerous cards had recently
been used at a nearby private school's cafe.
A tiny number of persons were affected by the breach, and cardholders were informed that they
wouldn't be held liable for any illegal card use. Visa was the first business to take action against Global
Payments, removing it off its list of approved service providers.
Hacktivist collective Anonymous launched a series of cyberattacks against the Singaporean government in
2013, partially in retribution for Singapore's web censorship regulations. A member of Anonymous using
the online identity "The Messiah" claimed responsibility for the attacks.
The website of the Ang Mo Kio Town Council was the second target of the cyberattacks initiated on
October 28, 2013, after the website of the People's Action Party Community Foundation. Following that,
site administrators took down the website and reported it to the police.
There have been a lot of hacking since 2013 until now, in 2015 Experian Data Breach Compromises 15
million Records: This data breach was a result of a user error in the verification process of confirming
customer identity. The Experian data was handed over to a cybercriminal pretending to be one of
Experian’s clients.
In 2016 the General Data Protection Regulation (GDPR) was Adopted by the EU. GDPR is a legal
framework which defines guidelines for the collection and use of personal data from people outside the
European Union (EU). People can now have more control over their personal data. The adoption of the
General Data Protection Regulation legislation in 2016 was one of the EU's finest achievements in recent
years. It is intended to replace the 1995 Data Protection Directive, which was adopted at the dawn of the
internet.
2018 and 2019 also had a number of information attacks like the Singapore healthy care was hacked 35
times. In 2020 professionals working in cybersecurity had difficulties this year since COVID-19 was made
public. Cybercriminals continued their illegal actions despite the confusion. Some of the most significant
data breaches in 2020 included: Microsoft unintentionally posts public data from an internal customer
support database, A hacking forum received the personal information of more than 10.5 million MGM
Resorts Hotels visitors and on the dark web, more than 267 million Facebook profiles became available
for purchase in April.
2021 continued to see many cyberattacks. some of the most prominent ones were: Florida-based
Actelion Supply Chain Attack in January, Australia's February water supply March ransomware attack on
Channel 9 News, Ransomware at CNA Financial in March, April's Quanta Ransomware Attack, April's
Brenntag Ransomware Attack etc.
In conclusion, the field of information security has existed for some time; it is not a novel invention. You
would be mistaken to believe that cybersecurity started when computers first gained access to the
internet because cybersecurity also includes safeguarding data that is just stored on a computer and not
through a network. Installing antivirus software was important to safeguard your computer from threats
with the emergence of the internet. Despite the fact that destructive attacks were less common back
then than they are now, the history of cyber security threats has kept up with the development of
information technology.
Since computers connected to the internet and started communicating, cybercrime has undergone
significant transformation. Computer users have been reasonably concerned about these risks for a long
time, even if the risk is significantly larger now than it was back then. As technology advances, cyber
hazards could shift. Cybercriminals constantly create new techniques for breaking into networks and
stealing data.