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A solar energy company learns of several recent cyber-attacks targeting other companies in their industry and realizes they could be next. The company initiates an analysis to weigh the measures needed to counter the potential threat and minimizing the impact to their business in case those are exploited. Which security principle is illustrated in this example?

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Final answer:

The security principle exemplified by the solar energy company's proactive stance on cybersecurity is risk mitigation. They aim to minimize impact through preventive measures and robust online privacy and security, in response to rising cybersecurity threats as seen in major breaches across various industries.

Step-by-step explanation:

The security principle illustrated by a solar energy company analyzing threats and planning countermeasures to reduce impact on their business is known as risk mitigation. This principle involves steps taken to reduce the adverse effects of potential security incidents. By understanding the risk of cyber-attacks and proactively protecting their assets, the company is engaging in preventive action to secure their operations and reduce the likelihood of a breach or minimize its effects.

Cybersecurity is increasingly crucial for organizations across all sectors. In light of the breaches experienced by companies such as Target and JP Morgan, as well as government sites like Healthcare.gov, the necessity of robust online privacy and security measures becomes evident. This encompasses implementing stronger access controls like two-factor authentication, using stronger passwords, and educating employees on how to recognize and avoid phishing scams and other fraudulent activities.

Finally, companies must consider the broader implications of security on their operations, including economic, energy, and environmental security. This multipronged perspective on security helps to establish comprehensive strategies for dealing with a myriad of modern threats. This ensures continuous operation and trust in the company from customers and stakeholders.

User Williamvicary
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I really dont have a clue
User Nyomi
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