Security Violations And Security Breaches

A security breach is one of the earliest stages of a security attack by a malicious intruder, such as a hacker, cracker or nefarious application. Security breaches happen when the security policy, procedures and/or system are violated. Depending on the nature of the incident, a security breach can be anything from low-risk to highly critical. In an organization, security breaches are typically monitored, identified and mitigated by a software or hardware firewall. If an intrusion, abnormality or violation is detected, the firewall issues a notification to the network or security

A successful business works on the basis of revenue growth and loss prevention. Whenever an organization start a project, they first plan for security because security breach can impact on overall project like data leakage, down-time and reputation loss. This may, in turn, impact on the company’s bottom line and ultimately profit margins. A virus attack on project or a network breach can cost a business thousands of dollars. In some cases, it may even lead to legal liability and lawsuits.

A disaster is any situation that interrupts or limits an organization’s ability to conduct normal operations. The potential financial impact on organizations will differ drastically depending on the size and scale of the operation (Arduini & Morabito, 2010). Besides natural disasters, in today’s digital age the loss of data through hacking or a data breach can adversely impact the organization ability to function. No business or organization is immune.

While all of these technologies have enabled exciting changes and opportunities for businesses, they have also created a unique set of challenges for business managers. Chief among all concerns about technology is the issue of information security. It seems to be almost a weekly occurrence to see a news article about yet another breach of security and loss of sensitive data. Many people will remember high profile data breaches from companies such as T.J Maxx, Boston Market, Sports Authority, and OfficeMax. In the case of T.J. Maxx, a data breach resulted in the loss of more than 45 million credit and debit card numbers. In many of these incidents, the root cause is a lack of adequate security practices within the company. The same technologies that enable managers can also be used against them. Because of this, businesses must take appropriate steps to ensure their data remains secure and their communications remain

When researching major security breaches that companies have endured, the company that really interested me was Home Depot. The company had a sever security breach in 2014, in which over 40 million credit card numbers and 50 million emails were compromised over a five-month period. As mentioned, the breach occurred in 2014 over a course of five-months. During the duration of those five months, an intruder obtained a vendor’s credentials and gained access to the company’s network. The security hack affected individuals who lived in the United States and Canada who had used the personal self-checkout machines at the stores. The impact the breach had on the company was frightful. The amount of repercussions the breach had on the company lasted for a long time. As a result of the breach, many lawsuits arose from whole situation. After the end of the trials, Home Depot paid 8.7 million in legal fees and had a 161 million pre tax expenses that covered the incident.

Although security breaches in big corporations often make the news, security breaches in small businesses are also a very common occurrence. The common misconception among small businesses is that their businesses are too small to attract security breaches and do not employ strong security. Other small businesses take their chances with a single layer of security like a firewall. These are very dangerous misconceptions because there have been attacks on small businesses in the past and continue to do so in the future. This is because small businesses handle large amounts of personally identifiable data if stolen could have a long lasting and damaging impact. Cyber crime today uses many methods to steal information. Since most communication

People across the world are becoming disproportionately dependent on modern day technology, which results in more vulnerability to cyber-attacks including cybersecurity breaches. Today, the world continues to experience inordinate cases of cybersecurity meltdowns. There is a rapid growth in complexity and volume of cyber-attacks, and this undermines the success of security measures put in place to make the cyberspace secure for users. Cyber-attacks on both private and public information systems are a major issue for information security as well as the legal system. While most states require government organizations and certain federal vendors to report incidences of data breaches, no equivalent legislation exists to cover private entities.

The analysis of 2,260 breaches and more than 100,000 incidents at 67 organizations in 82 countries shows that organizations are still failing to address basic issues and well-known attack methods. The (DBIR, 2016) shows, for example, that nearly two-thirds of confirmed data breaches involved using weak, default or stolen passwords. Also shows that most attacks exploit known vulnerabilities that organizations have never patched, despite patches being available for months – or even years – with the top 10 known vulnerabilities accounting for 85% of successful exploit “Organizations should be investing in training to help employees know what they should and shouldn’t be doing, and

This author addresses the central concerns regarding information security in the modern business world using broad strokes to make the importance of network security as a key business operation readily apparent to the reader. As the article is addressed primarily on business managers and other practically interested personnel, the language is a bit too full of professional jargon and other needless complications, however the basic facts that the author lays out and the conclusions drawn from these facts and their relationship are quite straightforward and clear. Though not providing any truly in-depth and concrete data or profound insights, this presents overview information that is directly related to the investigation of network and information security.

Today, most organizations are outsourcing critical business operations to third parties. Although third parties offer many benefits to retailers, including providing organizations access to services they don’t specialize in, they can often create additional security risks and exposures. “Because an adversary will always utilize the easiest, simplest and most effective way to break into an organization, a third party with full access to the network poses significant exposure.”(Cole, 2015)

In the last decade it’s amazing how technology has advanced over the years and will continue to advance for many years to come. Every year there is a new cell phone from Apple or Samsung, with new features that make our lives more convenient. From faster software to higher picture quality and so on. I am unable to recall the last time I used a camera to take pictures or went to the bank to deposit a check. Technology advances every day and many can’t wait to see what’s next to come. But with new technology comes greater risk for violations of privacy. In the following research paper I will discuss the types of security breaches and the cost associated with these breaches that businesses around the world face on a daily basis.

Though there are several advantages in mobile cloud ecosystem, there are some issues and challenges in mobile cloud computing. Some of the major issues in security are

Network breaches pose a serious threat to all companies especially to those who are primarily engaged in managing finances of their customers. This vulnerable industry includes accounting firms, small and big alike. In fact, the biggest security breach in 2014 reported by Target Corporation (an American retailing company operating in Minnesota and the second largest discount retailer next to Walmart) includes 40 million credit and debit card number of customers which were stolen during the holiday season [1]. This proves that hackers are majorly concerned with obtaining the financial information of clients in order to acquire money. Thus, accounting firms are indeed susceptible to network security breaches which is the reason why a well-tested

With the ever increasing use of technological advancements such as the internet and personal smartphone devices, many people simply take their security for granted. However, the act of simply connecting to a web page like the Google search engine requires interacting with thousands of security checkpoints and distinct networks just to display their distinctive logo. Every modern organization must consider the risk of the internet, including but not limited to: banks, organizations, universities, militaries, big business, local shops, and even governments. Astonishingly, this is a risk that essentially did not exist merely 20 years ago. Nowadays there are many ways to add security to a system or network. Some will find that simply placing a password on their site works and others may find encrypting their data is the best way to keep private information safe. Nevertheless, the loss of personal information to things like identity theft is at an all time high. This lack of cyber security means that there is an increasing number of ways to get personal information with the ever expanding use of technology and thusly a more dire need for awareness of the risks taken.

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.