Article Summary And Critique Of Intranets Can Mitigate Business Risks By James Robertson

This article makes up Chapter 1 of the free, open access book titled, Information Systems: A Manager's Guide to Harnessing Technology, by John Gallaugher. Please ensure that you read the entire Chapter 1 of the book consisting of 3 parts (Part 1 Introduction; Part 2 Don’t Guess, Gather Data; and Part 3 Moving Forward).

Any enterprise has to pay special attention to computer security. Computer security is a field that is concerned with the control of risks related to computer use. A primary focus should be on the external threats to the computing environment. In enterprise with branches cross country, it is important to allow information from "trusted" external sources, and disallow intrusion from anonymous or non-trusted sources. In a secure system, the authorized users of that system are still

InsuraCorp. In C. V. Brown, J. A. Hoffer, & E. M. Wainright, Managing Information Technology (Vol. 7E, pp. 166-169). Pearson.

Aedis also has a company intranet accessible by all employees. The intranet contains a lot of company information, latest news, policies and procedures etc. The benefit of the intranet is that a lot of information can be stored all in one place for employees to refer to. The intranet can be constantly updated to ensure all information is current and up to date and is also user friendly and visually appealing. However, because such a larger amount of information is stored within the intranet is it vital that this is heavily policed and maintained, which is very time consuming. It is also important the access rights are set within the intranet to ensure only authorised people can view certain types of information.

It is quite unfortunate that most companies’ management only deals with the administrative, marketing and sales, and the production part of the company business, but felt the IT operations should be left solely to the IT personnel. In the long run, according to this chapter, the information security aspect of the company will suffer and remain underdeveloped because of lack of attention. However, if there is any security breach or attack, the top management will be the first point of contact. The top management will be held accountable and responsible for not adhering to the business practices.

C. Risk management – There are always risks involved with change or creating an IT infrastructure. Up front funding risks can be minimized by having a detailed plan and knowing what you want. Training is another common risk for implementing an IT infrastructure. Many of the functions may be new to the employees, which presents a steep learning curve. This risk can be managed by ensuring that all employees are fully engaged in training and that training is something that is continuous to ensure level of knowledge is maintained. Finally, security is a risk that will not only be on the mind if the business, but the customers as well. Compromising sensitive information can not only hurt business, but result in legal action. This risk will be minimized by ensuring that security measures are put in place by the installation team. This will include both hardware and software. Also, a security disclaimer will be placed on both company documents and the website to let the customers know that their information is safe and will not be used for any illegal activity.

This report will try to analyze intranet and its impact on the use of information in organizations, as well as what actions an organization might take to make the most effective use of it.

Business risk is the risk faced by a firm 's stockholders if the firm uses no financial leverage. It can be thought of as the inherent riskiness of the firm 's assets. Financial risk is the additional risk borne by stockholders as a result of the use of debt financing. Business risk depends on a number of factors, including competition, liability exposure, and operating leverage. Financial risk depends on the amount of fixed charge (debt and preferred stock) financing.

In order to make the report more efficient we must identify the key areas of business risk and auditing risk. Business risk can be defined as the risk, which could affect an organization’s ability to achieve its objectives (Gray and Manson, 2007).

With the increasing advancement in technology, the complexity of implementing upgrades and cost of running current software updates, it is right to say that operating an in-house technology solution can be cumbersome and time consuming. The result of these problem has slowed down most business operations that are dependent on technology for maximizing profit and reaching its desired goal. The cost of maintaining resources required for establishing a secured environment for business practices are increasing as technology advances; hence, this has potentially strengthened most organization’s arguments in why in-house IT solutions may not be the best solution for running an IT related business, and however, has led to the

There are numerous services, which can be obtained from the implementation of an intranet. Experts have identified that decision-making support services, managing dispersed data from enterprises and alternative business management systems are just, but some of the services. By using an intranet, an organization can integrate groups, individuals, tasks of sharing information, corporate communication, department and providing options and solutions to all individuals using intranet. Intranet has enabled corporations to grow in terms of data management within different units and departments. Further, organizations are currently sharing information

Inconsiderate usage of wireless systems- Some networks, particularly in public zones, tend to be uncertain that rapidly put information in risk. All it takes is a glance into e-mail communications or file transmissions for valued records to be

The goal of risk assessment is to minimize the risk effects on the organization and mitigate the impact. There are certain guidelines that are to be followed for the process. Any information security strategy of a business is not complete without it’s risk assessment and management. IT department plays a key role in risk

This will be a paper that has been a group effort with Matthew Gilliss (organizer and website account setup, homepage and student webpage template), Arlene Gulley (editor/poster), Renee Hicks (compiler), Kemara Mcintyre (summary), and Andrew Ginn (editor). The URL of our website is http://faboulousgroupb.weebly.com/.

A Report submitted to Prof. J.M. Shah for the partial fulfillment of the requirements for the subject Information Systems for Management under NMIMS University