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Cccu Babs l5 t1 DB Assignment 202304
Cccu Babs l5 t1 DB Assignment 202304
BACKGROUND
Technology today is no longer seen as a facilitator of everyday business practices. It has now
become the heart, the centre of almost every business strategy, and data can be used by
businesses to produce, store, and analyse relevant information to achieve the competitive
advantage over their peers. Digital business, as it relates to business technology, offers
companies and individuals new ways to connect, collaborate, conduct business, and build
bridges between people. It impacts the basis of business functionality and determines the way
business is managed today. However, security and privacy have become one of the biggest
concerns. For example, on 5th of April 2022, The Works, a discount retailer based in the
United Kingdom, forced to shut some its shops after cyber-attack (BBC,2022). This shows
digital business must take utmost care in securing their systems.
TASK
Reference:
BBC News. 2022. The Works forced to shut some shops after cyber-attack. [online]
Available at: <https://www.bbc.co.uk/news/business-60993635> [Accessed 5 April
2022].
The Guardian. 2022. Tether pays out $10bn in withdrawals since start of crypto
crash. [online] Available at:
<https://www.theguardian.com/technology/2022/may/22/tether-pays-out-10bn-in-
withdrawal-since-crypto-crash> [Accessed 23 May 2022].
LENGTH
REQUIRED
FORMATTING AND
LAYOUT
The use of a range of information sources is expected – academic books, peer reviewed
journal articles, professional articles, press releases and newspaper articles, reliable
statistics, company annual reports and other company information. All referencing
should be in Harvard style.
The use of a range of information sources is expected – academic books, peer reviewed
journal articles, professional articles, press releases and newspaper articles, reliable
statistics, company annual reports and other company information. All referencing
should be in Harvard style.