6.3 - Impacts

Front

What is intellectual property?

Back

Intellectual property refers to anything that an organisation or individual has designed, developed, or created themselves, such as manuscripts, artwork, music, primary data, blueprints, or reports.

Front

What can happen if intellectual property is lost?

Back

The impact depends on the property itself and how easy it is to recreate or recollect. Competitors could use it to their advantage, and the effect of an upcoming announcement would decrease if leaked.

Front

Give an example of a major intellectual property leak.

Back

In 2017, HBO suffered large property leaks when Game of Thrones episodes were stolen before their air date, resulting in pirated versions appearing online.

Front

What is the impact of losing service and access?

Back

If usernames and passwords are stolen, individuals may be unable to access services they paid for. Hackers can change account settings, locking out original owners, or use DDOS attacks to prevent access.

Front

What are the consequences of a breach of confidential information?

Back

A breach can lead to a loss of reputation, legal consequences, fines, court cases, and penalties from the Information Commissioner's Office for breaking the Data Protection Act (2018).

Front

What happens if third-party data is lost?

Back

Customers may lose trust and reputation in the service provider, leading to legal proceedings if personal and sensitive data is lost. Larger businesses may use private cloud storage to avoid relying on third parties.

Front

How can data loss affect an organisation's reputation?

Back

Data loss can destroy an organisation's reputation, causing customers to choose competitors. It shows failure to keep data safe, leading to a loss of trade and reduced earnings.

Front

What is identity theft and its impact?

Back

Identity theft occurs when attackers use stolen personal information for fraud or impersonation, leading to financial loss, affected credit checks, and future financial difficulties for the victim.

Front

How can data loss threaten national security?

Back

If classified data is lost, it can fall into the hands of spies or terrorists, leading to targeted attacks on vulnerable locations or events, and economic threats if money is stolen or redirected.