Global Payments Hack
With the new advancements of technology comes the many risks and dangers is also carries along. The evolution of the internet and connect-ability technology has brought everyone closer and has nearly eliminated many communication barriers that have been present throughout recorded history. These new advances have also accompanied a rise in cyber criminals, wishing to invade a person's or business' digital information. The purpose of this essay is to examine computer hacking and hacking processes that pose risks and dangers to society. The essay will use the company Global Payments as an example of how a hacking problems effects many and highlights the dangers involved in our digital world.
This essay will view Global Payments and their hacking problem from a third party accounting system point-of-view. The company's security assessment will be analyzed and different software issues will be discussed. Finally the essay will conclude by offering recommendations to Global Payments to best secure their systems and assets from hackers.
Background Information on Global Payments
In late March of 2012, the company Global Payments was hacked into causing much damage and trouble for the financial security of many individuals and groups. Sidel & Johnson (2012) reported about the confusing mess this breach of security had left. They stated that "The breach underscores the mazelike network of the U.S. payment system, where little-known companies play important roles in processing billions of transactions each day. Global Payments is part of a group of companies called "third-party processors," that serve as middlemen between merchants and banks. "
As time grew on last year, more and more people began to realize that they were at risk of having their credit card information being unlawfully used. To understand the scope of Global Payments and the reach they had on many consumers is to understand the threat of hackers and hacking in these types of situations.
According to its website, Global Payments mission statement is as follows; " we strive to provide the most trusted payment service n the world through strong partnerships and generous...
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