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IT-659-Q1436 Cyberlaw and Ethics
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Introduction
The cyber law has been introduced to keep a tab on the dangerous
crimes that take place in the cyberspace. It is an important element of the
Information Technology whose importance has increased multifold to have a
better control over the misuse of technology. In the 21st century, the popularity
of technology-based elements like computers, smartphone, tablets and the internet
has increased. It has further intensified the need to have a robust cyberlaw
system to strengthen various activities that are carried out in the cyberspace
relating to business, e-commerce and e-communication (Kamble, 2013, p 1).
The cybercrime is any kind of criminal activity that is carried out in the
cyber world. It is basically an unlawful act that is carried out with the
intention to use any computer as the tool to target a specific set of the cyber
users. In order to have a tight control over the rising cybercrimes, the cyber
law includes numerous principles to safeguard the online users
(Leocybersecurity.com, 2018). The core principle include the need to conduct a
thorough risk assessment, implementing a robust information security program,
involving the Board of Directors in the Cyber Security Management model,
designating a competent individual who will be in charge of the cybersecurity,
maintaining a methodical incident response program, managing the cybersecurity
of the third-party vendors, conducting the routine security training and regularly
updating the program. These principles have been designed so that online
activities of the users can be safeguarded and they can conduct the same in a
safe online environment.
A thorough risk assessment is needed for an e-commerce industry so that
the vulnerabilities can be identified. Based on the identification of the assets of
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the online business, the information security program needs to be implemented
so that the model can help the business to mitigate the risks. The management
team including the board must be included in the cyber security management
process so that they can make sound decisions and play a role to strengthen
the cybersecurity model. The Chief Information System Officer who must be
designated to oversee the security model must have expertise and experience so
that the e-commerce activity can be conducted in a safe setting. A systematic
incident response program must be in place which can help the business to
bring about necessary changes in the security plans. Since in the e-commerce
activity, third-party vendors are involved, it is necessary to integrate them in the
cyber security model. Ultimately, online businesses must conduct routine security
training and regularly updating the program so that the vulnerability of the
business can be kept under check (Leocybersecurity.com, 2018).
Maersk, the shipping company was the target of one of the nastiest
cyberattacks that cost it millions of dollars. The ‘Notpetya’ ransomware took
advantage of certain security vulnerabilities of the business and prevented
individuals from viewing their data unless they paid $ 300 in bitcoin (Novet,
2018). Maersk’s operational activities were affected and it was reported that it
lost around $ 300 million. This case indicates that the shipping industry is
unprotected from potential cyberattacks (Ship-technology.com, 2018). The attack
took place on June 17th and within a few days crippled its container shipping,
oil tanker operations and entire computer network (Scmagazineuk.com, 2018).
References
Kamble, R. (2013). Cyber Law And Information Technology. Journal Of
Scientific & Engineering Research, 4(5).
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Leocybersecurity.com (2018). The 8 Principles of Cyber Security Laws - LEO
Cyber Security. Retrieved from https://leocybersecurity.com/the-8-principles-of-
cyber-security-laws/
Novet, J. (2018). Shipping company Maersk says June cyberattack could cost it
up to $300 million. Retrieved from https://www.cnbc.com/2017/08/16/maersk-
says-notpetya-cyberattack-could-cost-300-million.html
Ship-technology.com (2018). Did the Maersk cyber attack reveal an industry
dangerously unprepared? - Ship Technology. Retrieved from https://www.ship-
technology.com/features/maersk-cyber-attack-reveal-industry-dangerously-unprepared/
Scmagazineuk.com (2018). NotPetya attack totally destroyed Maersk's computer
network: chairman.. Retrieved from https://www.scmagazineuk.com/notpetya-
attack-totally-destroyed-maersks-computer-network-chairman/article/1473392
