How Technology Has Developed The Business Strategy And Production Level

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.

The world of cyber security continues to introduce new threats each year against network infrastructures and computer devices. In the recent years, the impact from cyber-attacks has wreaked havoc on many company brands and organizational reputations. As this issue grows so does the technology to prevent and protect against these malicious attacks. It is absolutely crucial for organizations and businesses to shift focus from defense for different types of attacks to improving safeguards to mitigate the loss of sensitive data when an attack occurs. In addition to the traditional security technology used to detect an attack, companies will have to include

Cyber security, also referred to as information technology security, focuses on protecting computers, networks, software programs and data from unintended or unauthorized access, change or destruction. Post 9/11 and other terrorist attacks, the United States grows its endeavors to repulse cyberattacks, U.S. corporate organizations and the government agencies wind up in strife over how to adjust to new methods of security and privacy. The current state of security measure protocols and privacy policies placed by the US government in cyberspace raises concerns for the 99%. This is due to the recent cyber-attacks on American corporate organization systems and government alike, where their digital information and network infrastructures within the systems were compromised, and personal data was hacked and stolen.

Throughout the years, the world has been utilizing computers more and more each day. With computers being used more, there are more potential threats to the users. Computers have such an intricate and vast network all over the world. Computers are linked to the internet, which is used almost everywhere in the world now. The internet is utilized for many different things with good and bad intentions. With the bad intentions amongst the internet, cybersecurity starts to become a problem. With the improvement in cybersecurity, businesses and the people of the internet will be much safer than they are currently. Software will be better, copy protected, and small businesses in the software field can be saved.

Information security breaches and attacks are aiming businesses every now and then. Any company that is connected to the internet has some information security risks. Businesses that operation in healthcare, finance and any government sectors, suffers from more of such information security risks as they collect, store and process sensitive personal, financial and confidential data. ABC Accounting Firm is a major national accounting firm that is utilizing the power of information technology. The company is also under information security risks as they hold and process sensitive business and accounting information of their clients and a huge volume of personal data of the employees, partners and clients (Engebretson, 2013).

Technology is becoming more prevalent in our daily lives which increases the number of vulnerabilities and the number of threats that have could negatively impact organizations information security. A vast majority of organizations rely on computers and the internet to store its data. Cyber attacks can take place in a variety of industries that might the general population does not realize such as cellular communication services, airplane navigation systems, and medical record security. All of these organizations are in highly diverse industries but need to be aware of cyber threats that could affect their specific industry. The best way for an organization to protect its data and private information is to implement cybersecurity

In this time where the use of computers and networks related to them has become a common thing, there have been developed problems with concerns about cyber-security. Cyber-security is an important factor to be considered if one is to be able to protect themselves from malicious people and software from the Internet. The majority of the threats to computer networks come from the Internet and they are often intentional, having been developed by people with malicious intent. Cyber security is an attempt by individuals to protect their personal information and other digital assets from attacks from the Internet.

Experts are worried about the risk of cyber-attacks against the nation’s military and government systems. In addition, they are worried about possible attacks on the nation’s infrastructure. As noted by

Cyber security as a vital element that should be addressed by business organizations, especially by the executive board as it has a great impact on business performance. Hence, the traditional approach used by the group to curb the menace is not adequate for the development of firewalls and anti-virus are embraced (Fugini et al., 2016). Therefore, it is imperative to appreciate that a better approach should be employed that guarantees the management of efficient organizational structure among other critical issues.

A business trend has been changing and adapting new technology to enhance the success of business as a result of which public information are always at high risk. According to the NIST video, there are some 26 million small businesses which are prone to the dangers of cyber crime. The private personal information (PPI) such as electronic commerce, social security number, account number, User Ids, Payroll, Internet Transactions, passport number, employee databases home address, credit card, etc. are at risk due to digitization. The information security should meet many purposes such as protecting people information, unauthorized access, disclosure, and any kind of modification. Moreover, information security also provides the company consensus baseline stance on security; help minimize risk; and help track compliance with regulations and legislation (Diver, 2006). According to

Every company needs some sort of security protection for their information system. According to Sam Musa, “The goal of information security is to ensure confidentiality, integrity and availability of the data.” Data breaches happen all the time and companies set up security systems to protect their data. There are three important factors needed to have a successful security system. The first, protecting and defending data through a cyber-security system. Second, operating and maintaining the systems set up to protect and defend data. Lastly, the investigation of data breaches and crimes that happen around the world will help adapt and improve security systems made to protect your data. The effects a cybercrime can incur are very costly and the steps needed to recover are discussed later. Cyber security is extremely important to Management Information Systems (MIS) because if you do not have security for your systems all your data could be stolen, lost, or worse shown to the public. In working in MIS, company data is all around you and it is your job to keep that data safe.

The role of computers in business operations is growing with each wake. Computers have helped entities boost efficiency, speed up service and product delivery and take consumer interaction to another level. However, this new wave has not come without its challenges. Cybercrimes pose a threat to information security and privacy, which is a concern for private and public institutions alike. The United States has developed laws that seek to regulate and improve cyber security across public and private institutions, in an endeavor to ensure national security. Therefore, managers have a new task during the process of decision making as they no longer need to look at their own

Cyber risks are constantly changing. Think about the rate of change in your business, its use of technology and the threat landscape compounded together. With the resulting change in threat means, motives and opportunities it’s

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.

The present era can be referred as a digital era as well, which has created various opportunities for organizations to conduct business and deliver different services over the internet. The cyber security is basically a practice that helps organizations minimize risks, helps the security operations in an effective manner, provide authentication and access control for resources, guarantee availability of resources and also helps to achieve regularity for enhancing own business network. The basic components of the security include; confidentiality (maintaining privacy of the data), integrity (detecting the data is not tampered), authentication (establishing proof of identity, non-repudiation (ability to prove that the sender actually sent the data), availability (computer assets are available to authorized parties when needed), and access control (access to information resources are regulated). The problems of network security include: