Module #4

Compare cybersecurity risks in the U.S. and another country.

According to government statistics, only 55 percent of Japanese companies conduct cyber security risk assessments, compared to roughly 80 percent in the United States. A study of 60 countries reveals that Japan is in the top five most cyber-secure country. However, increasing mobile and computer ransomware attacks targeted at Japan has seen the country dropping in this ranking. But Japan has taken a number of steps to prepare for cyber attacks and cryptographer attacks. The strategy proposes that companies seek to establish a company-wide cyber security budget that covers all of its operations. To encourage better cyber security practices, Tokyo will also reduce companies’ corporate tax if they can prove that their IT investments, including efforts to automate and introduce new internet of things. The United States has multiple high risks in cyber security. A few examples that have been on the rise are data breaches, ransom, phishing, malware attacks and hacking.  A malware attack refers to the activities of malicious software platforms that the owner of a system is not aware of. There are many causes of malware attacks. One is the use of bundled free software programs, removable media, file sharing like the use of Bit-torrent, and not having an internet security software program in place. The solution to this would be putting in place a strict security mechanism and compliance. Phishing is a fraudulent attempt, usually made through email, to steal your personal information. Phishing emails usually appear to come from a well-known organization and ask for your personal information such as credit card number, social security number, account number or password. Although the United states is a top 10 country of most secured cyber security it still has the most attack attempts. The costs for cyber security in 2019 were 1.56 million dollars and will only continue since we are advancing and more attack attempts are to come.

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