Industrial revolution
Kindly evaluate attach case and also answer the below questions.
Below are questions to consider, which are related to the module content:
- Explain the 4th industrial revolution as mentioned in the module content.
- What are the security threats and risks that are part of technologies used in businesses today? What can be done to mitigate these risks?
- Describe the data breach at TJX. How did it happen?
- Describe the payment process according to Exhibit 3 in the case.
- Under current U.S. law according to the case, whose responsibility is it to compensate victims of credit card fraud: the banks, the credit card associations (e.g. Visa, Mastercard, etc.), or the merchants? Should the current U.S. law be changed so that a different party takes responsibility?
- Why are merchants/retailers reluctant to comply with PCI DSS?
- Do you think credit card companies should indeed, “employ better card technology” (3rd paragraph on p. 3 of case), rather than having merchants comply with PCI DSS? Why/why not?
- What are some consequences to the victims, whose credit cards were stolen and then used by others for their own purposes?
- What could consumers do if they notice suspicious transactions on their credit cards? How can they make sure their security is not compromised again.

