In order to address the development of cyber-policy and cyber-infrastructure in spite of the “short arm” of predictive knowledge, I believe that business who experience frequent cyberattacks should have meetings about the best policies to prevent cyberattacks from happening. Companies should have cyber insurance to protect cyberattacks from happening or make it so that less damage would be done to their systems. Cyber policies are specifically designed to fill many of the cyber coverage gaps in other types of insurance. Cyber policies provide specific coverages for losses caused by computer viruses, denial of service attacks, and the digital release of third party information. They are also designed to cover costs associated with the replacement of digital assets, business interruption and extortion; and provide coverage for the cost of compliance with state, federal, and even international regulatory provisions governing data privacy and notification. Despite, if businesses have policies set in place it would be still unpredictable to know when a cyber attack will happen. This is the case because technology is evolving more and more as time goes on and cyber criminals are finding knew ways to bring about cyber attacks on businesses. Since, it is hard for business to tell when an cyber attack will occur they will have to reluctantly experience the cyber attack then go about finding a way to prevent it from happening the next time that it occurs. Moving on, cyber technology has led offenders and victims to cross paths which has led to a negative impact. This is because technology has made it possible for evildoers to commit harmful acts on victims without their identity’s being known. Its easier for the offenders to harass and stalk victims without any consequences because there is a high chance that they know they will not get caught in the process.
References
Bailey L. (Date accessed: October 19, 2020). Growing Cyber Threat Demands a New Approach to Risk Management.