Financial Analysis of Cyberguard Corporation Essay

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The proficiency and efficacy of the cyberspace in its application in accounting, finance, system designs, manufacturing etc., cannot be denied nor neglected. The reality of the twenty-first century is simple; no organization can survive without the adoption and implementation of the mechanism of information technology to their area of business. On the contrary perspective, there are several challenges that are associated with the cyberspace, among which is majorly cyber security. Recently the hackers’ activity has really skyrocketed and has become a major concern for organizations, states and federal governments and even international organizations. Several regulatory schemes are put in place to mitigate the activities of hackers across the globe.

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H.R. 1731, the National Cybersecurity Protection Advancement (NCPA) Act, is bipartisan bill passed unanimously by the Committee on Homeland Security. This pro-privacy, pro-security bill ensures the sharing of cyber threats is transparent and timely. It strengthens the NCCIC’s role as the lead civilian interface for cyber threat information sharing by: Providing liability protections for the voluntary sharing of cyber threat indicators and defensive measures with the NCCIC or private-to-private. Granting liability protections for private companies to conduct network awareness of their own information systems. Allowing companies to operate defensive measures and conduct network awareness on information systems they own or operate. The NCPA Act also ensures personal information

Just like every other organization, Adius, LLC relies on information technology to manage their information, processes, and assets in order to thrive, conduct their business efficiently, and deliver their services effectively. However, no organization is immune from cyber-attacks and threats. In fact, cyber-attacks and threats have been increasing exponentially during the past few years. Having outdated and irrelevant cybersecurity procedures, policies and practices places organizations in greater vulnerabilities and risks. For this reason, cybersecurity procedures, policies and practices in place must be in line and be more relevant to the security needs of Adius, LLC.

Soccer players during training and match-play perform intermittent work demanding high metabolic rates to be sustained. Players require

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The growing number of cyber security threats has brought about a proliferation of businesses offering various forms of network protection solutions. This may

The Federal Government needs to create information systems which are more effective shielded systems to protect their assets and resources at home. The foundation of any mandated cybersecurity strategies that secure our nation national security must incorporate worldwide or state local threats whether targeted toward the federal government or the private sector forces. The OPM breach highlighted the insufficient and inconsistence security approaches the federal government has already used in modernizing the existing cybersecurity policies. There is a requirement for the United States government to institute polices that would incorporate and implement new government cybersecurity structures and centralized the protection of their assets to avert future breaches (Source). Examining the inadequacies in the current national cybersecurity policies and regulations is disappointing as OPM choice to implement these mechanisms and the current authoritative propositions to cybersecurity must change immediately. It was reported that OPM only spent $2 million in 2015 to avert pernicious digital assaults, while the Department of Agriculture spent $39 million. The Department of Commerce, Department of Education, and Department of Labor likewise invested more money in cybersecurity resources than the Office of Personnel Management. The Small Business Administration devoted a similar amount into cybersecurity to recognizing, examining, and alleviate any cyber breaches as OPM, however

In the previous five years, cybersecurity has turned into the most looked for after calling around the world. More than 90 percent of respondents to an overview directed by the Ponemon Institute (2011) detailed being a casualty to cyberattacks amid the most recent year, costing all things considered more than $2 million for each association. This number keeps on ascending as the two programmers and security devices progress. As indicated by PwC, roughly 33% of all U.S. organizations are as of now utilizing digital protection (Lindros and Tittel, 2016).

In 2010, Halliburton produced revenue of $17,973 billion and operating income of $3,009 billion, reflecting an operating margin of approximately 17%. Revenue increased by $3,298 billion, or 22% from 2009, while operating income increased $1,015 billion, or 51% from 2009. According to Halliburton’s 2010 Annual Report, “these increases were due to its customers’ higher capital spending throughout 2010, led by increased drilling activity and pricing improvements in North America” (Hal 2010 annual report). However, Halliburton remains cautious because of the shifts in oil and natural gas prices and supply/demand factors. These “shifts” are important for equipment and services providers in the oil and gas industry because it affects the

For the possibility of an uptick in cyber incidents, the federal government has developed a number of tools to help