Based on your knowledge, experiences, and the readings, explain what psychological effects a cyberterrorism attack against the U.S. banking system would have on the U.S. economy. ANSWER:

A cyber terrorism attack against the U.S. banking system can render dire consequences that can negatively affect the U.S. economy. It is a matter of fact that the success of the banking industry depends greatly upon consumer confidence on the services provided by the banking sectors, and if any kind of cyber terrorism attack devastates the smooth running of the systems of the banks then it will mean a disruption in customer services and the loss of faith on the part of customers upon the services of the bank. Such loss of faith in turn may provoke the U.S. citizens to think differently rather than...