Zara’s IT was positioned in the support mode quadrant on the IT strategic impact grid. This demonstrates that Zara's leadership team understood that their corporate strategy focused on the expansion of the number of stores selling of high fashion, short life span clothing to young fashion conscious, city dwellers. There was a relatively low need for reliability and strategic IT, it simply existed to support employees activities (Nolan and McFarlan, 2005). By implementing a new POS system Zara could potentially have come up against the following key risks:
5) Implementation - The security solutions are acquired, tested, implemented, and tested again 6) Maintenance - Once the information security program is implemented, it must be operated, properly managed, and kept up to date by means of established procedures
Since the inception of Information Technology (IT), the business world has been transformed. In many aspects of business, IT contributes remarkably in increasing effective usage of time, efforts and financial costs. This article is going to outline some examples of IT efforts that run, grow, or transform the businesses it serves, thorough increasingly important layers of business operation and management. Those layers are finance, communication and systems.
A good policy should be concerned with providing data confidentiality, integrity, availability, resource protections, and also should be audited periodically. An example of policy is to send out critical data via the Internet, the data must be encrypted. The second part is procedures: which are a detail of the steps and documentations that explain how a particular function or job should be done. For instance, a detail instruction which tells how a particular program should be installed. The last part is the awareness and training which is very critical to take into consideration. Thus, all employees should be trained and aware of general security by providing them with security training whenever it is necessary and educate them about cyber security.
CEO: The job title, CEO (Chief executive officer), Today, most companies strategically differentiate themselves from their competitors through the use of IT systems.
PCI DSS provide guidance on creating clear separation of data within the network, cardholder data should be isolated from the rest of the network, which contains less sensitive information. To audit the PCI DSS compliance the following documents can be helpful: network policies and procedures, documentation about network configuration, network devices, and network flow diagrams. There is no complete solution on how organization should configure network and devices to ensure PCI DSS compliance, because every organization has its own business specifics and its own technology, so we say that also segregation of duties is unique for every organization. But we also may conclude that segregation of duties depends heavily on the network configuration and network devices and because of that one of areas of auditing for PCI DSS compliance is also documentation and
TJX was one of the biggest retail chains present almost all over the world but was equally vulnerable to the security breaches. Due to its massive popularity, a security concern at TJX would affect the masses and could possibly lead to a financial downturn in company’s figures. The main concern haunting the stakeholders of TJX was the massive security breach in its information technology infrastructure caused by the weak encryption techniques that they followed which ultimately resulted in gain of access to sensitive customer data by the unauthorized users. A continued trend of this sort will make the customers apprehensive in using their services in the long run.Though the company claimed to have a robust IT system in place, the continuous intrusion attacks by various hackers suggested otherwise.
Executive summary AUM SHRI GANESHAY NAMAH: Acme Corporation is a private company in accounting consultancy industry consisting of 150 employees. After a recent audit (including compliance audit) Acme is found non-compliant with Generally Accepted Accounting Principles (GAAP). In addition, the records are inadequate and there are problems with granting authorization to access the audited data. The company is facing growing concerns about application software not able to support business shifts, outages due to hurried implementations, data that are not able to be consolidated throughout the organization, and turf wars between marketing and IT. Therefore, the CIO of Acme is required to head a task force to establish a strategic initiative for developing world-class compliance audit processes, applications to support the processes and reporting capabilities.
Information Systems There are some procedures that Organization should follow to protect and maintain the security and integrity of its information systems which include infrastructure and software design, information processing, storage, transmission, retrieval and disposal.
Information security is needed to handle risk management. There is a risk of alteration to sensitive information. If a person or employee does not have understanding to maintain confidential data, an organization not only has risk of mishandling and unauthorized use of most valuable business asset but also a risk of being in noncompliance. In this way corporate reputation can be damaged. Regulatory requirement compliance and customer trust and satisfaction are two major reasons why employees must have awareness and perception of information technology.
Introduction “Zara – IT or Fast Fashion” is a case prepared at Harvard Business School, by Andrew McAfee, Vincent Dessian, and Anders Sjoman. Zara is a fashion clothing line under the multinational clothing retailer and manufacturer Intidex. The case opens with a discussion between Xan Salgado Badas (Head of IT for Intidex) and Bruno Sanchez Ocampo a subordinate, on whether or not to update the current existing Windows DOS based POS (Point of Sale) terminals with advanced Windows operating system. The paper further details the business model and IT dependency. We try to analyze the current business model, its IT dependency, and why and how it needs to upgrade its IT infrastructure.
Introduction In today’s world, everything relies on technology. Technology has aided in making day to day life simpler, as well as keep us all connected. Organizations today continue to grow using the newest technological advancements. The use of technology can help mold the foundation for which a company is able to
With the purchase of Swagger Distribution, a company that distributes clothing and apparel by a new owner; she is looking to make some changes in the IT area of her company. Since, she does not have any IT experience and has consulted me as an IT consultant to help her
Recommendation to Current IT Security Policy The systems approach to problem solving is used to analyze and identify mediatory provisions, see figure 2, Appendix D, Systems Approach to Problem Solving. Loss suffered in the Societe Generale Bank security breach was substantial because the perpetrator knew where to look to acquire access to financial information and circumvent existing security measures. This defined fraudulent behavior and solidified criteria for productive countermeasures. Prevention and risk management must be addressed by establishing policies and procedures and enforced by management at all levels. In accordance with Societe Generale Bank security policy these recommendations are proposed
Management Information Systems Recommendations Report For Fictitious Company Globally, retailing is witnessing epic transformations. The use of technology has fueled upheavals in the retail landscape that are revolutionary in scope, and unprecedented in nature (Leventon, Gupta & Magal, 2011). Technology has advanced from the automation of structured processes to systems that are truly revolutionary in that they introduce change into the fundamental business procedures, workflow and management of an organization. Numerous studies have shown that the employment of new or the updating of a business’s existing technology contributes to a firm’s competitive advantage, which in turn creates greater value for the customer (Altshuler, Gelb & Henry, 2010; Bharadwaj, 2000; Carr, 2003; Mellville, Kraemer, & Ghurbaxani, 2004). The main operational and human resource challenges for Fictitious Company that will be addressed from a management information system perspective in this report are: low levels of inventory, manual procurement procedures, access to new trends, and security and ethical breaches by employees.