Risk, Consequences and Recommend Security Measures

Risk
1) Hackers hack the online website
2) The server containing the website fails
3) Building having problems and leakage happens
4) Programming error

Consequences
1) When hackers hack into the website, it tampers the data, steals important data or even makes the website unable to function properly.
2) This will cause the website unable to function. Customers are unable to visit the website and make purchases
3) This will cause the hardware in the IT department fails to function as water will spoil the hardware which will lead to website failure or disable some of its functions.
4) Programming error that caused by the website developer which will make some of the website function unable to fully function which will stop the visitors from utilizing the website to its maximum.

Recommended Security Measures
1) To impose firewall, username and password in order to access the website confidential data. Those firewall must be updated regularly and passwords must be changed occasionally. (Code of conduct, what firewall)
2) An additional server which will serve as backup for the website when the website fails. The server can be not very high end as it will be supporting the website at a functional level until the main server is restored. (mirror server, hot site, cold site)
3) Regular maintenance and protection placed on the server so that it will be protected from natural disasters, as well as backup being placed somewhere else and activated when the main server fails to function.
4) Have a few dedicated programmers to do the job in developing the website. Constant update and checking on possible error and debugging them. Increase more validation in the programming lines so that possible errors can be filtered out.