Achieving Business Information Security in Cyberspace

As mentioned earlier in the report. The vulnerabilities present on the e-commerce site allow a malicious user to intercept the web traffic and locate the hidden form fields and alter the item prices and quantities. These vulnerabilities allow the user to adversely affect the financial stability of the company. As show in the below diagram the user has the ability to user proxy software such as Burp Suite and intercept the traffic and send back manipulated data to the web server and paying reduced prices on all

A direct cyberattack in 2014 to JPMorgan Chase caused a compromised of accounts effecting a total of 76 million households and seven million small businesses. We are clearly, in times when consumer confidence in the digital operations of corporate America is on shaky ground. In directly, banking is taking the brunt of the fallout but major stores also have breaches which of course are directly related to their financial data. Store like, Target, Home Depot and a number of other retailers have experienced major data breaches. 40 million cardholders and 70 million others were compromised at Target alone in 2013 and an attack at Home Depot in September, 2013 affected 56 million cardholders.

During the last Christmas season, Target announced that their data security was breached. According to David Lazarus in Los Angeles Times, Target stated that roughly 110 million customers’ information was illegally taken from their database. The information included their credit/debit card info, phone numbers, and email addresses. Target is one of the most popular grocery stores in the U.S.; they have a substantial amount of consumers. Because of this incident, consumers' trusts for the store have been decreasing. Worrying about losing its customers, the company offered a free year of credit monitoring and identity-theft protection, so the customers will feel more secure. Not only Target, some other large retailers also faced the same issues. They want their customers to trust that the companies can protect private data. However, should we not worry? Data breaches have been going on for about a decade, but we have not seriously thought about the issue. In order to protect people’s privacy, the federal government should make new laws concerning companies’ handling of customer information.

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

Companies have an obligation to protect their customer’s information, which goes beyond that of complying with state and federal regulations. If the company loses the trust of their customers, they risk the chance of damaging

“Modern economies are highly dependent on information systems and networks connected to “cyberspace” a virtual world with a population of several billion and growing.”

DTL Power Corporation is an electricity generating and distributing company headquartered in Santa Fe, New Mexico. Currently, they have 5.4 million electricity customers and 485,000 natural gas customers. Also, DTL Power has full or majority ownership of 14 nuclear reactors in 12 nuclear power plants. Additionally, it has 2 hydropower plants in the Midwest and 5 wind energy centers along the East Coast. Last year, incidents around the world involving nuclear reactors have led the company to increase security and safety regulations at its nuclear plants. Furthermore, the company is also researching additional environmentally friendly opportunities such as geothermal energy.

The United States government’s primary priority is to protect its citizens, assets and resources from any form of external or internal terror threats and criminal acts. The 21st century’s most exciting innovation, the Internet and its one of mankind’s greatest technological achievements of all time. The Internet, unified international borders and connected the earth like never before from one corner to the other with just a click of a button. Cyberspace is the term that is used in the computer industry for “the notional environment in which communication over computer networks occurs”. The internet and information networks have changed the very fabric of our fundamental neural network processes in our brain, and which without it the modern

Recently with Target and General Motors is having to deal with the public opinion of doubt in part due to security risks and quality of product. Target has had a well-publicized security breach where customers sensitive information was made available. This obviously will have a negative effect on consumer confidence. It goes without saying in today’s market place and number of choices a person has to purchase a product to include E-commerce, network security is a must. Online market places advertise the use of third party secure payment with trusted names such as PayPal. With a brick and mortar store front, it is assumed or not even considered to be a risk by some. Target has stayed somewhat silent, it seems they are just

There are many ways to help prevent breaches such as the Home Depot and the similar Target breach. Most retailers these days have multiple locations possibly in two or more countries like The Home Depot. Because of this the retailers need to know exactly where the business of the organization is being conducted. These organizations need to take the extra steps and know where the customer data is at all times especially payment information. They need to keep track of how it is being accessed and how it is being secured. Tom Bain, who is a senior vice president at a company called Security CounterTack, says “Retailers need to get a better grasp on who is being granted access to their networks and why” (Vijayan). Home Depot failed to do this on a daily basis and this is why the breach was so extensive. People do not know the reason as to why the company did not check these daily logs for payment information but this is the reason that they had such a big breach on their payment systems.

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

“Cyberspace is not a physical place - it defies measurement in any physical dimension or time space continuum. It is a shorthand term that refers to the environment created by the confluence of cooperative networks of computers, information systems, and telecommunication infrastructure commonly referred to as the World Wide Web” (Wingfield 2007, 45).

As to why this issue of cyberspace is important enough to garner research on the subject, the main reason comes from the possible destructive nature cyberspace has the capabilities of exploiting. In our ever digitalizing world, the more national security comes to risk; as things such as international communications, military plans, launch codes and the AI controlling drones becomes easier for access for the nation in question, it also opens it up for hackers

Security concerns include stolen credit card numbers and privacy issues. To address these issues clearly mention your site’s privacy policy and also constantly reassure he customers as to the securities of their transactions.

In contrast to the ideas of “information space,” both Russian and Chinese references to “cyberspace” occur primarily in translations of foreign text or in references to foreign strategic approaches. According to a U.S. military definition, “Cyberspace…is the Domain characterized by the use of electronics and the electromagnetic spectrum to store, modify, and exchange data via networked systems and associated physical infrastructures.” Consequentially, “Cyberspace Operations is the employment of cyber capabilities where the primary purpose is to achieve objectives in or through cyberspace. Such operations include computer network operations and activities to operate and defend the Global Information Grid.” The Russian equivalent of киберпространство, kiberprostranstvo, and the Chinese