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Information security breaches
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Business owners will go to amazing lengths to keep their workplace safe while completely overlooking their IT security and their multifunction devices. IT security breaches cost the average company $800,000 in 2009 (Tattrie, 2009). Those figures represent a 97 percent increase from 2008. The $800,000 includes labor lost when a breach freezes systems, cost of repairing the damage caused by the breach, and the cost of replacing the faulty security. That is quite a large sum that is also highly avoidable. Due to escalation in Internet use, the amount of computer security breaches that businesses have experienced in the last year has increased at a rapid rate. Breaches can come from external attacks as well as within the walls of a company. External attacks are serious but the threat created by a company’s employees can be much worse (Robb, 2010). Last year 81 percent of security breaches came from inside the company. Employees can cause deliberate attacks, but more likely employee use can compromise your system without malice and unknowingly. Employees can abuse internet access privileges by downloading pornography, downloading music, and pirating software. Obviously, this is improper use of company time and resources but more importantly, it can expose your company to fines from the Business Software Alliance (BSA) and it also can make your computer network more vulnerable to access from outside troublemakers and industry spies. BSA has collected more than $70 million in penalties from companies where employees violated piracy laws.
Some of the more common security problems that affect small business computers include viruses and hackers. Viruses can rewrite coding to make your software programs unusable, as well as scramble and...
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...inistrator level. Updating your current system will save you money in the end.
Works Cited
BSA. (n.d.). Business Software Alliance. Retrieved from Business Software Alliance: www.bsa.org
Dowling, P. J. (1998). Web Advertising and Marketing. Course Technology, Inc.
Emory, V. (1997). How To Grow Your Business on the Internet. Coriolis Group.
Robb, D. (2010, March 28). Internal Security Breaches More Damaging. Retrieved from Datamation: http://itmanagement.earthweb.com/secu/article.php/1405031
Security Attacks. (n.d.). Retrieved from The Computer Technology Documentation Project: http://www.comptechdoc.org/independent/security/recommendations/secattacks.html
Tattrie, J. (2009, October 27). Security Breaches Cost Companies Thousands. Retrieved from Metronews.ca: http://www.metronews.ca/toronto/work/article/351179--security-breaches-cost-companies-thousands
Whitman, M., & Mattord, H. (2010). Management of information security. (3rd ed., p. 6). Boston, MA: Cengage Learning.
An employer also should restrict an employee’s access to the internet or access to certain web sites, or prohibit the use of personal work computers. As a result, there is no right to claim privacy against your employer for monitoring or restricting your use of the internet. Having an internal regulation could avoid the personal use of a computer in the workplace, the employers are the owners of the computers, and they are also the owners of the data transmitted to and from the computers, regardless of the source. Another reason that justifies the employer's ability to control the use of the computer in the workplace is the security of their internal systems. Computer systems can be vulnerable to viruses and other types of technological problems if employees are downloading information and Internet programs, or other potentially harmful materials. Security can also be a problem in that employees can violate the company's confidentiality rules. By monitoring the use of the personal Internet, employers can prevent employees from being the means of disseminating confidential information about the company to the
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
Most robberies are easy to do because the security guard does not care if the artwork, money, or anything thing else is stolen because it is not his. Some security guards do take their job seriously and try their best to keep the valuables safe. But they do not have the training to do so. Why is security at major events or places so lax?
We all love computers; people store important information on their computers whether it is a business or one’s home. Businesses have confidential information stored on their computers.
An information security breach that compromises data can expose a non-profit to litigation from donors, employees, vendors, and suppliers. Just like any other organization, records stored by a non-profit organization may contain confidential donor data, medical information, organizational data, and credit card information (Hrywna, 2007; Donohue, 2008). As a result of a data breach, donors of a non-profit may file a lawsuit to recover damages from exposure of their sensitive data (Brenner, 2007; Parry, 2005). Non-profit organizations do not comprehend the risk of losses due to an information security failure until they face a lawsuit (Nobles, 2008).
As electronic commerce, online business-to-business operations, and global connectivity have become vital components of a successful business strategy, enterprises have adopted security processes and practices to protect information assets. But if you look at today's computing environments, system security is a horrible game of numbers: there are currently over 9,223 publicly released vulnerabilities covering known security holes in a massive range of applications from popular Operating Systems through to obscure and relatively unknown web applications. [01] Over 300 new vulnerabilities are being discovered and released each month. Most companies work diligently to maintain an efficient, effective security policy, implementing the latest products and services to prevent fraud, vandalism, sabotage, and denial of service attacks. But the fact is you have to patch every hole of your system, but an attacker need find only one to get into your environment. Whilst many organisations subscribe to major vendor's security alerts, these are just the tip of the security iceberg and even these are often ignored. For example, the patch for the Code Red worm was available some weeks before the worm was released. [02]
A Look Back at Recent Data Security Breaches Summary The year is 2014 and it does not look like is getting tougher day by day. Many firms have felt the impact of data breaches in the past. The tech industry seems the most vulnerable with every day bringing the world another security breach.
Almost every business deploys the traditional security based, methods to combat the threats of cybercrime; however, this is not sufficient to fully erase the threats. Any risk based method must look at what is leaving the IT environment, as well as the data inflowing, because, what is going out holds possibly greater significance than the traditional bastion based security methods (Peltier, 2010). Organizations must comprehend how visible they are to online criminal in regard to, targets of interest, attack routes, and possible process vulnerabilities. So to better defend against attack, a simple equation provides the underpinnings of the numerical system for rating risks and is expressed by the following: Risk = consequence × (threat × vulnerability) (Peltier, 2010). This equation is superior to the standard equation that only factors in threat and vulnerability and should be used for calculating
One efficient solution to prevent hacking is to install security programs. There are two types of security programs. The first type is antivirus program that software protects computers by inspecting every file and website, and if it finds virus, it will immediately deal with it. For example, Antivirus and Avira Antivirus Personal are such valuable programs that rea...
A major challenging impacting organizations, is having a comprehensive security plan that will safeguard the personal information of their clients and employees. While at the same time, it must be able to streamline the different administrative and technical functions. The result is that firms must develop and update their strategies to deal with the changing nature of the threats they are facing. This is because as technology improves, more are increasingly vulnerable to a host of ever changing tactics. The result is that the issue of cyber espionage is becoming a problem. It is utilized to: give competitors, criminal elements and governmental entities access to sensitive information. (Mackie, 2015)
Computer viruses are minute program which is “embedded inside an application or within a data file which can copy itself into another program“(Adams et al, 2008 ) for the sole determination of meddling with normal computer operations. The consequences may range from corruption and deletion of data; propagation of virus on to network and deployment through attachments through emails in order to further creating havoc to all associated computing devices.
The increasing proliferation and complexity of technology are creating new "opportunities" for cyber criminals to exploit. In addition, cyber crime techniques are getting ever more sophisticated. For businesses, this adds up to an increasingly more dangerous cyber threat environment. It doesn't help that human factors add to the risk. These include simple blunders, such as exposing sensitive data to the open Internet, as well as network security misconceptions and oversights. Here are two network security mistakes that invite devastating data breaches:
Not a lot of IT organizations realize what the threats to their network are. Allowing Internet access on their network exposes them to such threats that could leave them needing new hardware. It’s not only that, there are certain threats that cannot be avoided (but can have a backup plan). These threats (no matter the nature) pose a threat in terms of data loss and damage to the hardware. In terms of intrusion the frontier has changed a lot. The threats that disturbed organizations just a year ago have evolved into something much more malicious, ignoring them will be a fool’s mistake.
Wee, H. (2014). How The Threat of Cyber Crime is Heightened for Mainstreet . CNBC .