Cyber Crime Prevention Is Not Only A Continuing Problem

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 organizations utilize software and the internet together to make transactions and complete accounting functions, the threat of cybercrime comes into play. “Cyber crime against private business is growing, and consuming a larger share of Federal Bureau of Investigation resources than ever before…” (Kelly, M., & 42 staff, 2011)

Risk assessment and threat assessment should go hand-in-hand.The outcome of the risk assessment and threat assessment should provide recommendations that maximize the protection of confidentiality, integrity and availability while still providing functionality and usability. The purpose of a risk assessment is to ensure sensitive data and valuable assets are protected. An organization should take a hard look at who has access to sensitive data and if those accesses are required. The security audit should monitor the companies systems and users to detect illicit activity.The security audit should

In today’s IT world every organization has a responsibility to protect the information and sensitive data they have. Protecting data is not only responsibility of security and IT staff but every individual is involved in protecting the information. The risks to information security are not digital only, but it involves technology, people and process that an organization may have. These threats may represent the problems that are associated to complex and expensive solution, but doing nothing about these risks is not the solution.

Risk management includes the “overall decision-making process of identifying threats and vulnerabilities and their potential impacts, determining the costs to mitigate such events, and deciding what actions are cost effective to take to control these risks” (Conklin et al, 2012, pg. 678). For the proper development of risk management techniques, every person at every level of the organization, especially those involved in the Information Security (IS) department “must be actively involved in the following activities:

Security monitoring is an important factor in keeping any organization network safe as various attacks are on a rise. A company constantly must practice monitory techniques to keep their data safe. " The first step is to scan the internal and external environment and identify information technology risks before they become a problem. The key is to be proactive rather than reactive" (Marilyn Greenstein). Different organization consist of many applications that require a certain level of security measures and risk assessment. To determine the associated risks within an organization each application

Research Objective: The main theme of this research paper is to protect sensitive information that any organization or business possess. With community’s increasing reliance on information systems and technology there is scope for security breaches, more likely to happen. Not only monetary loss it can create damage to information assets that has sensitive data. To secure these assets from any internal or external damage organizations has to follow proposed rules and guidelines. Also security responsibilities

In this paper I have just been hired as an Information Security Engineer for a video game development company. I have previously identified all of the potential Threats, Vulnerabilities and Malicious Attacks for the videogame development company. The CIO have reviewed my report and has now requested that I draft a report analyzing and assessing any potential Malicious Attacks, Vulnerabilities and Threats that may be carried out against the company’s network. I will then choose a strategy for dealing with risk, such as mitigation, assignment, risk and

Information systems are known to be at risk from malicious attacks, user error, and from other disasters. As technology is relied upon more heavily and computer systems become interdependent and accessible by more individuals, the susceptibility to threats increases. In addition, individuals are developing high levels of computer skills that results in an increased risk of intrusion from outsiders. The Information Security Risk Assessment will determine the assets of the company, organizational risks, the current security posture, any areas of risk for GDI, and recommend a mitigation strategy for reducing information security risks and implementing strategies to reduce these risks. Through the Information Security Risk Assessment, GDI is taking steps to ensure that the organization identifies significant risks and determines the best method to mitigate the risks.

As CIO, the goal is to keep the network safe from rapidly evolving malicious intent and this can be accomplished by an effective vulnerability assessment. The first thing on the agenda is to start with performing risk assessment. Corporate assessments are the ones that are risk-based and measurable with the intent of isolating corporate assets that generate the highest value to a corporation and present the highest potential threats and vulnerabilities related to the assets (Bayan, 2004). Further, risk assessments will help to isolate the areas where security investigation is needed and where it's likely to be loaded with consequences, as well as point out whether a business continuity or disaster recovery plan is required.

The topic is viable for study since in the previous years, the vulnerability of organizations to cyber theft and harassment have spiked. The war on terrorism has inadvertently increased the importance of the topic mainly basing the argument on the ability of the government to protect the citizens from attack. With the

Never has information played a more important role in society than it does today. The advent of the Internet has made the distribution and collection of information easier and faster than ever before. Today, the Internet is used for communications, shopping, management, and even financial transactions. Despite the slowing economy, recent years have seen a large increase in Internet usage by corporations, and research indicates that this trend will likely continue. Figures gathered by eMarketeer indicate that Internet based commerce will reach as high as $2.4 trillion by 2004 (B2B). With easy access to information from anywhere on the globe, safeguards must be taken to protect sensitive data from

1. Physical loss of systems – Physical information technologies systems, i.e., computers, servers and other electronic equipment are required for the cyber activity. Consequently, it is very important to consider the risks related to the damage or loss of the physical electronic equipment. Risks can be for example, internal water damage in the office building damaging the computers and other equipment or fire in server room as a result of temperature change and other risks.

With the quick growth rate of technology, cyber security is being utilized by millions of people every day. Furthermore, this industry will never die and will always have a constant stream of demand. The appealing sector of cyber security is demonstrated on what the value of a 10,000-dollar investment is now worth (see Exhibit A). From my perspective, cyber security is one of the few durable trends that investors can benefit from due to the booming technology industry. Moreover, with the increase of hacking incidents in the past years, the importance of cyber security is becoming vital for businesses and households (see Exhibit B). Thus, cyber security seemed like a logical and safe place to invest my funds.

Information security professional’s job is to deploy the right safeguards, evaluating risks against critical assets and to mitigate those threats and vulnerabilities. Management can ensure their company’s assets, such as data, remain intact by finding the latest technology and implementing the right policies. Risk management focuses on analyzing risk and mitigating actions to reduce that risk. Successful implementation of security safeguards depends on the knowledge and experience of information security staff. This paper addresses the methods and fundamentals on how to systematically conduct risk assessments on the security risks of information systems.