This case study will overlook the legal environment in an organization, which includes policies, regulations, and laws. This case study will go over a brief overview of what policies, regulations, and laws are, their impacts and a quick overview of policies, regulations, and laws that an organization has to be knowledgeable in and on par with to ensure the confidentiality, integrity, and availability of information and information systems are functioning and within guideline.
A Policy plays an important role in any organization. A Policy outlines a set of rules and procedures that all employees must adhere to, information security policies are important because they help limit the risks associated with employee’s use of information properties.
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“A regulation is a general statement issued by an agency, board, or commission that has the force and effect of law. Congress often grants agencies the authority to issue regulations. Sometimes Congress requires agencies to issue a regulation; sometimes Congress grants agencies the discretion to do so. Many laws passed by Congress give Federal agencies some flexibility in deciding how best to implement those laws. Federal regulations specify the details and requirements necessary to implement and to enforce legislation enacted by Congress.” CITATION USG15 \l 1033 (Administration, 2015). A Law is “the principles and regulations established in a community by some authority and applicable to its people, whether in the form of legislation or of custom and policies recognized and enforced by judicial decision.” CITATION Dic15 \l 1033 (Dictionary.com, 2015) Overview of policies, regulations, and laws: Sarbanes-Oxley The Sarbanes-Oxley Act of 2002 was put into play as a response to corporate scandals.
It requires that the annual reports of public companies include an end-of-fiscal-year assessment of the effectiveness of internal control over financial reporting. It also requires that the company's independent auditors attest to, and report on, this assessment. CITATION Ton06 \l 1033 (Noblett, 2006)
Gramm-Leach-Bliley Act
The Gramm-Leach-Bliley Act (GLBA), covers the protection of the privacy and security of financial information collected and used by financial institutions (Banks, Credit Card Companies, investment firms etc.). This act also requires financial institutions to deliver their customers an annual notice of their privacy practices and to allow customers to choose whether they want to share or not to share such information. This act requires that financial institutions establish a complete security program to protect the confidentiality and integrity of financial information in their archives. CITATION Ton06 \l 1033 (Noblett,
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2006) Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA) covers privacy and security guidelines. These guidelines focus on Private Health Information and electronic on Private Health Information gathered throughout the healthcare process and requires that the regulation of electronic transactions, code sets, and identifiers. Although this regulation focuses on the healthcare industry additional organizations can be affected by this regulation if they manage employee health plans for example. CITATION Ton06 \l 1033 (Noblett, 2006) Bank Secrecy Act The Bank Secrecy Act (BSA) requires banks and any other financial institutions that deal with cash to report transactions including deposits or withdrawals of more than $10,000 in cash in a day, or purchase of monetary instruments such as money orders, cashier's checks, traveler's checks worth more than $3,000. The institution must supply personal information about the person doing the transaction to the Internal Revenue Service which is called a currency transaction report (CTR). CITATION Ton06 \l 1033 (Noblett, 2006) The Federal Information Security Management Act The Federal Information Security Management Act of 2002 (FISMA) was put into play to reinforce computer and network security within the U.S. federal government and anyone associated to the government such as government contractors. It requires yearly audits. Many of the government agencies have received very low scores in this area on their audits. The average grade was 67.3 percent for 2004. CITATION Ton06 \l 1033 (Noblett, 2006) Payment Card Industry Data Security Standard The Cardholder Information Security Program (CISP) is a program intended to protect cardholder data.
It safeguards that members, merchants, and service providers maintain the highest information security standard. CISP uses the Payment Card Industry (PCI) Data Security Standard as its outline and it offers tools and measurements needed to protect against cardholder data exposure. The PCI Data Security Standard consists of 12 basic necessities supported by more detailed sub settings. CITATION Ton06 \l 1033 (Noblett, 2006)
In conclusion following policies, regulations, and laws in organizations are the best ways to ensure that your organization has a safe working atmosphere for all of its employees. Also following these policies, regulations, and laws provides your organization with a guideline to adhere to so that your organization can achieve information security and it will ensure that data integrity, availability, and confidentiality of an organization's information system are always on par and working
efficiently.
Under which theory or theories of product liability can Kolchek sue to recover for Litisha’s injuries? Could Kolchek sue Porter or Great Lakes?
This document will outline the policies and practices to be used and implemented in compliance with DoD specifications and standards for the contract of services to be provided to them. This report will consist of creating security controls based on auditing frameworks within the seven domains. Also to develop information assurance (IA) plan, a list of the requirements for each of the seven domains.
In this case, a large health services organization (HSO) in Florida, that has a world-renowned AIDS treatment center had information breach of 4,000 HIV+ patient records, and the list was sent to newspapers, magazines, and the internet. Consequently, this issue was featured in every media vehicle in the world and as CEO, you are requested by the board of trustees to come up a better management information system (MIS) to resolve all information security issues or you will face termination. After hiring an undercover computer security consultant to help determine where the security leak came from, she quickly identifies numerous breaches in computer security and provides a report with the issues identified. The report furnished by the consultant revealed that facility had major problems with the MIS and the staff. In order to determine how to address the issues, the CEO must first answer the following questions: what law is being violated by the employees, why was this law enacted, what are the penalties for such violations, what are the penalties for sharing celebrity information, and should he be updating his resume and looking for another job (Buchbinder, 378).
The topic for week 3 of Computer Ethics was based upon an IT security policy in relation to a company’s ethics. The discussion board began with how training as well as education needs to be implemented throughout the business to ensure confidential information is not sent out without encryption or following other procedures put in place. This not only maintains the integrity of the company, but also makes the employees accountable as well. This can be accomplished by a well defined security policy and procedures which outlines the plan of action and the implementation. Many agreed a well documented plan needs to be kept updated as well as conveyed to the rest of the staff so everyone knows what their role is. In addition, Dawan pointed out that a security policy is a “living document” which is one that is forever changing to try and keep up with hackers. Many also agreed it is imperative everyone in the organization needs to be trained on the security policies at an organization.
Security helps the organization meet its business objectives or mission by protecting its physical and financial resources, reputation, legal position, employees, and other tangible and intangible assets through the selection and application of appropriate safeguards. Businesses should establish roles and responsibilities of all personnel and staff members. However, a Chief Information Officer should be appointed to direct an organization’s day to day management of information assets. Supporting roles are performed by the service providers and include systems operations, whose personnel design and operate the computer systems. Each team member must be held accountable in ensuring all of the rules and policies are being followed, as well as, understanding their roles, responsibilities and functions. Organizations information processing systems are vulnerable to many threats that can inflict various types of damage that can result in significant losses (Harris, 2014). Losses can come from actions from trusted employees that defraud the system, outside hackers, or from careless data entry. The major threat to information protection is error and omissions that data entry personnel, users, system operators and programmers make. To better protect business information resources, organizations should conduct a risk analysis to see what
Also, to comply with the policies and procedure and code of practice and ensure that records are up to date and properly maintained. And make sure that the health and safety policy is followed to the latter.
Ethical and legal obligations apply to all members of society. As one in society, the obligation to act in an ethical, law abiding manner on a daily basis is vital to the integrity of daily life. Many professions have their own code of ethics. Financial reporting is not exempt from such ethical and legal standards. One’s lively hood depends on decisions made in the business world. Business transactions are done daily and can impact one’s economic stability. Trust is placed in the hands of corporate America and an obligation of financial reporting to reveal a complete honest and legal picture of an entity’s accounting practices is important in attaining trust. This paper will discuss the obligations of legal and ethical standards of practice in the financial spectrum.
Policies that should be implemented to protect against common attacks, such as phishing, identity theft and stolen intellectual property, include controlled access policies, email and web browser protection policies and data protection policies. Controlled access should be based on a need to know bases which aids in defense against stolen intellectual property. Users will only be able to access the information that they need, therefore, if a hacker does gain access it doesn’t necessarily mean they will have the ability to steal trade secrets, for example. A policy mandating protection of email and web browsers and having spam filters turned on will reduce risk for phishing emails. Implementing a policy to ensure that all data is encrypted will better protect important information for the company and their employees aiding in defense against identity
All workers and staff that access the company’s IT resources will be subject to this policy and any applicable provisions of the company.
Information security refers to “the process and methodologies that are designed and implemented to protect print, electronic, or any other form of confidential, private and sensitive information or data from unauthorized access, use, misuse, disclosure, destruction, modification, or disruption” (SANS Institute, n.d.). Information security programs are important in maintaining confidentiality, integrity, and availability (figure 1 page X). For example, a Trojan horse was planted on your system and result in the loss of customers’ personal and financial information. This failure to protect data will result in a loss, legal liability, and goodwill. In this scenario, both confidentiality and
Guidelines and procedures are key links between policies, personal and organizational responsibilities. The level of detail in the procedures will vary depending upon the size and needs of the organization's information assurance program. These guidelines and procedures are made and enforced by your senior level executives but are the responsibility of each member of the staff. It only takes one with sloppy handling of information to take down a whole organization.
Nowadays, the information is the most treasured asset in an organization, due to it along with the experience represents the input necessary to take appropriate decisions and consequently to have success in the business. Almost all the information and knowledge related with the processes business, goods and services offered by a company, is processed, managed and stored through technology and information systems, thus the security of information has become increasingly important and plays a critical role in the enterprise government.
The E-mail/Internet usage and privacy policies at my job are part of a system of written decisions established by the organization to support and to build a desire culture through managing risk, regulation, and administration. They are current regulatory policies that happen within the workplace. The written guidelines help people keep up the integrity of business organization. The policies allows the organization to limit the discretion of person; to regulated; and arrive at certain types of behavior whether behaviors are good or bad. They tell every one of the written standards of conduct that governed the company's e-mail usage, internal usage, and its privacy policies within the company. They establish responsibilities; standards of behavior; and obligation of the policies. Current laws regulating employee e-mail and Internet privacy are few because employers usae electronic surveillance.
Many organizations are now facing huge threats to their stored information. This is putting organizations and individuals at risk of losing their privacy. There are factors that contribute to information vulnerability of an organization and to a personal level. In addition, there are measures that are put in place to help secure information.
But, these laws always changing, depending on the work setting or policies set by any specific organizations. Because there are so many different work environments, each claim of privacy has to be evaluated based on the actual conditions of the workplace (Smith & Burg, 2015). This is why policies must be set according to the CEO needs. If the organization does not allow the use of the internet for any personal use, than the employee must follow such guidelines. This eliminates employee privacy right violations, because the policy will informs them of the monitoring during the hiring