In today’s advanced world of technology, valuable information holds the same amount of worth that of new world currency. Since information is highly important, it is crucial that it remains secured. This is ultimately covered by data security and privacy. Online data is a hacker’s dream, as it holds the ultimate value of materials for these cybercriminals. For example, on a broader scale, banking information can be worth over a thousand dollars depending on the account balance. If cybercriminals get a hold of these information’s, it can be costly for businesses. On a smaller scale, for a small business, customer information theft can paralyze operations and even put a company out of business. In order to prevent these crimes, there are nine important data security policies that starts with ensuring data security accountability, policies that govern network services, scanning for vulnerabilities, managing patches, system data security policies, the response to incidents, acceptable use, monitoring compliance, and account monitoring and control.
Ensuring data security accountability is an important factor in a company. The company needs to make sure they are aware of the responsibilities. Information like confidential data has value and also bank account statements, personal information, and credit card numbers. According to a statement on IT Security Community Blog: “A very key component of protecting information confidentiality would be encryption. Encryption ensures that
Some security risks involved with conducting business online are imposters, eavesdroppers and thieves. Also, there are crackers or hackers, which are people who write programs and manipulate technologies to obtain unauthorized access to computers and networks. The elements of computer security are secrecy, integrity and necessity. Secrecy is protecting against unauthorized data disclosure. Integrity is preventing data from being modified by someone who is unauthorized and ensuring that the contents of emails aren’t changed before they get to he recipient. Necessity is preventing data delays or denials. It is important to establish a security policy to protect assets, to define acceptance and unacceptable behavior and to review physical and
As technology grows and information has become a critical asset companies currently are devoted their resource and money to protect their data as important as their finance and human resource assets.
The duty to warn and the duty to protect, are both critical concepts that Mental Health Professionals must thoroughly understand. Both notions need to be known because therapists may need to manage a situation where they must act immediately to protect another from potential harm. Confidentiality is imperative to the therapeutic process but there are points when it must be breached. The therapist must take all actions necessary to protect the safety of their clients and to protect the safety of those who may be directly targeted. Duty to warn and duty to protect appear to be similar, there is a difference.
When it gets right down to it, in this technologically advanced world, one of the worst things that can happen to people nowadays is having a cyberattack successfully launched against them. In particular, these cyberattacks are especially catastrophic if the end result is nothing short of a data breach. For everyday citizens, they have to be careful not only because
People across the world are becoming disproportionately dependent on modern day technology, which results in more vulnerability to cyber-attacks including cybersecurity breaches. Today, the world continues to experience inordinate cases of cybersecurity meltdowns. There is a rapid growth in complexity and volume of cyber-attacks, and this undermines the success of security measures put in place to make the cyberspace secure for users. Cyber-attacks on both private and public information systems are a major issue for information security as well as the legal system. While most states require government organizations and certain federal vendors to report incidences of data breaches, no equivalent legislation exists to cover private entities.
When a child or young person gets abused, it is important that this is recorded; however, other people must not know what has been happening. The Security of Records is linked with the Data Protection Act. The Data Protection Act is an act that makes sure that any information which is collected needs to be correct; it needs to be put in storage and also handled in the correct method. Also, under the Data Protection Act, nobody is allowed to get access to the information of the child or young person who is getting abused. However, the people who are able to get access to the information about the child or young person are the child or young person itself. The main aim of the Data Protection Act
Cybercrime has become a fast growing concern for the 21st century as businesses, institutions and individuals grow into an interconnected web of computer networks. Online business transactions, along with the sharing of personal information, are vulnerable to a host of disasters that can reap economic and social havoc. Some sources say that today, cybercrime costs more than $1.0 trillion to society--Global Industry Analysts, Inc. forecasted the world cyber security market to reach $80 billion by 2017 (Gale, 2011).
While all of these technologies have enabled exciting changes and opportunities for businesses, they have also created a unique set of challenges for business managers. Chief among all concerns about technology is the issue of information security. It seems to be almost a weekly occurrence to see a news article about yet another breach of security and loss of sensitive data. Many people will remember high profile data breaches from companies such as T.J Maxx, Boston Market, Sports Authority, and OfficeMax. In the case of T.J. Maxx, a data breach resulted in the loss of more than 45 million credit and debit card numbers. In many of these incidents, the root cause is a lack of adequate security practices within the company. The same technologies that enable managers can also be used against them. Because of this, businesses must take appropriate steps to ensure their data remains secure and their communications remain
a significant amount of data security breaches are due to either employee oversight or poor business process. This presents a challenge for businesses as the solution to these problems will be far greater than simply deploying a secure content management system. Business processes will need to be examined, and probably re-engineered; personnel will need to be retrained, and a cultural change may be required within the organization. These alone are significant challenges for a business. A recent example of what is probably unintentional featured an Australian employment agency’s web site publishing “Confidential data including names, email addresses and passwords of clients” from its database on the public web site. An additional
“The cyber security landscape has changed in the past couple of years – and not for the better” (Steen, 2013). Banks are faced with attacks to retrieve customer account information, the military battles with attempts to obtain secrets. These attacks are not just committed by induvial hackers but entire countries. Data privacy rules differ from country to country. For example, Fisher, 2014 states individual search engine access is restricted in different ways depending on the country. China along with other countries restrict access to politically sensitive information, while the United States protects the free flow of information (Gonzalez-Padron, 2014). With companies relying more on technology such as cloud computing and virtual storage their level of vulnerability rises. IT personnel have the difficult task of protecting company data, this is why it is vital to have an ethical compliance program in place protect the organization from internal and external threats.
Almost all kind of large and small organizations might face increasing number of attacks into their network or intellectual property. This may lead to data disclosure, data destruction, and damage of organization’s reputation. There are numerous threats in the cyber space which might be capable of stealing, destroying or making use of out sensitive data for financial and non-financial gains. As the amount of computer, mobile and internet users increases, so does the number of exploiters.
As an example I would like to describe my experience working at a relatively small fruit import company. The management of this firm gets information, makes orders, and carries almost all negotiations via the e-mail. "To minimize the risk of any disclosure or loss of confidential data, it is important to understand where the risks are, and implement office management practices and appropriate technology to ensure all of your data remains confidential and secure," advises article IDS: Classification (2002, December4). The potential loss or disclosure of information could occur through various ways: vulnerabilities of operation systems (mostly Microsoft products), vulnerabilities of e-mail software, viruses and malicious software, and weak passwords. It is relatively easy to protect electronic information in this case, but it does take some time and effort, which could be difficult for managers, who do not have an expertise in computers.
Computer network security has never been as critical as it is today. The news is littered with the widespread incidents of hacking and cyber theft in the financial, entertainment, and retail industries, and more recently in our military. A recent survey, conducted by Kaspersky Lab, a leader in endpoint protection solutions, found that 94% of all companies surveyed experienced a cyber security issue (Kaspersky Lab, 2014). Furthermore, a recent study has found that the average cost of a data breach to a company was $3.5 million, a 15% increase from the previous year (Ponemon Institute, 2014). In this day and age, the cost of a data breach, not only to a company’s bottom line, but to their reputation, would be extensive.
Governments, organizations and companies co-operate to secure cyber space. In fact, the prevention of cyber criminal activities is the most critical aspect in the fight against cyber crime. It’s mainly based on the concepts of awareness and information sharing. A proper security posture is the best defence against cyber crime (Paganini, Perluigi, 2014)
The increasing volume and sophistication of cyber security threats including targeted data theft, phishing scams and other online vulnerabilities demand that we remain vigilant about securing our systems and information.