The Problem Of Using Data Security Needs For Companies At The Present World

Confidentiality is the protection of information from unauthorized access. This is the assurance that information provided has not been made known to unauthorized persons, processes or devices. The application of this security service suggests information labeling and need-to-know imperatives are core aspects of the system security policy. Information, in today’s world, has value and everyone has information they wish to keep secret. Information such as credit card details, trade secrets, personal information, government documents, and many more. It was stated (Securitas Operandi™, 2008) that, we are bound to keep many secrets – corporate, staff, and personal secrets. We must keep this confidential information under wraps and earn the trust of employers, colleagues, and regulators every day. Mechanisms to enforce this include cryptography, which is, encrypting and decrypting data, access controls such as

Mason Financial LLC is a large company that is built on handling of personal data. As the company performs its operations on a network and over the Internet, it is exposed to a plethora of information security risks. Insurance and financial records are a prime target of hackers the world over. As the company stocks volumes and volumes of such personal information, it paves way for hackers and other fraudsters to commit insurance scams. Digital information makes it easier to monetize operations and it is always hard to track. There is the need for all stakeholders handling such sensitive personal information assets to be aware of security implications, monitor their personal credit cards and banking information besides consumers remaining

business data can be compromised due to unauthorized access or use which can lead to damage to reputation, brand and company’s physical assets

As technology grows and information has become a critical asset companies currently are devoted their resource and money to protect their data as important as their finance and human resource assets.

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

Securing data that is sensitive for businesses is more important today because of how vulnerable data is, compared to what it has ever been. National security information, corporate trade secrets, social security numbers, personal medical records, and credit card information are all used, transmitted, and stored on the internet and other multimedia devices.

Our data is never at rest. Even when organizations depend on their database for storage, there is always copies of data somewhere else to be found. To service our men and women in the Army Reserves, data has to be manipulated at the local computer and then sent back to be stored back on the database. The very moment that data is moved and stored on a local machine for it to be manipulated is also the moment that the data is most vulnerable. Despite the concerted efforts to ensure data confidentiality the overall security depends efforts put forth by the weakest link. The insider threat is one of the hardest risk to mitigate, mainly due to their initial need to legitimately data access.

The compulsion of third-party vendors to turn over data to law enforcement, or otherwise be complicit in interception or storage of data is a direct threat to the integrity, security, and privacy of data stored by service providers (Subashini and Kavitha 2011). Understanding the technical component of data security and privacy are not sufficient to understand the complexity of online digital

As more companies have made use of technology and have been offering digital services, they have been facing the issue of data breaches which has negatively impacted their businesses. During recent years, data breaches have been high in number. Only in 2011 there were 535 breaches reported in the US, which involved 30.4 million sensitive records (Caldwell, 2012). In 2012, The New York State Electric & Gas Co. in Rochester, New York experienced a data breach involving 1.8 million files containing people’s personal information, such as social security numbers, and bank accounts. Utah Department of Technology Services also experienced an attack by hackers which exposed 780,000 patient files (Arma International, 2012). Important information

My paper describes about the most important and burning issue in any organization which is “Data Breaching”. Any industry whether it’s a large scale industry or a small scale industry handles very valued information. This paper describes about the causes and effects of this data breaching with an example. Recently, the data breaches are increasing at an alarming pace. So, my article proposes the preventive measures to be applied in an organization to mitigate the harmful effects of breaching. So, unless the data is security is improved in all aspects the breaching cannot be stopped.

With advances in technology constantly happening, it can be hard to keep up with all of the latest trends. If organizations cannot keep up with the latest trends, it can lead to flaws in their security. Any flaws in security can have a detrimental effect on an organization’s database. Almost every organization has some sort of database, whether it is for maintaining customers, inventory, or vital information.

Abstract— Data security is one important issue that everyone anticipates these days. Whether it is an individual or an organization securing the data in the database is very important. As the technology is enhancing day by day the data is more vulnerable to the security breaches.A really exhaustive approach for information assurance should likewise incorporate instruments for implementing access control approaches focused around information substance, subject capabilities and qualities, and other pertinent relevant data, for example, time. Strategies for information trustworthiness what 's more accessibility particularly customized to database frameworks must be embraced. We concentrate on access control frameworks, on which a huge

Since the birth of the computer and the internet we have witnessed almost every business worldwide discard the timely usage of paper documents and filing systems and welcome the use of database servers which has enabled greater productivity, accuracy and availability. Many businesses like banks obtain highly sensitive personal information from their clients which is stored on database servers and encrypted with the goal of protecting their data from unauthorized users. Data being stored on servers creates an illusion of safety with them often being operated from a different geographic location, criminals can no longer physically take this data from a business’s premises as it is not stored locally, although cyber criminals have evolved along with these times and have proven time and time again that data security measures are still very exploitable across networks. The emerging digital age we now live in has become an extremely vulnerable and volatile environment and with networks becoming increasingly vast, it has become apparent with hackers constantly exploiting security measures that our data is never 100% safe. In 2005 a 24 year old Cuban-American by the name of Albert Gonzalez masterminded an attack which saw “over 150 million credit card and ATM numbers between 2005 and 2007” (Ottman, 2011) stolen and subsequently sold on the black market which has been labelled the biggest such fraud in history. Although millions of dollars are spent trying to catch cyber criminals

Information is vital to operating a business. Every organization uses personal information about its employees for its business operations and employee collaboration. The business relies on maintaining the confidentiality, integrity and availability of that information to operate privately and effectively [1]. Shortcomings in any of these categories can quickly cause significant impact, such as “infringements of human rights, financial damage to corporations and the failure of the entire information system” [11].

In today’s advanced world of technology, valuable information holds the same amount of worth that of new world currency. Since information is highly important, it is crucial that it remains secured. This is ultimately covered by data security and privacy. Online data is a hacker’s dream, as it holds the ultimate value of materials for these cybercriminals. For example, on a broader scale, banking information can be worth over a thousand dollars depending on the account balance. If cybercriminals get a hold of these information’s, it can be costly for businesses. On a smaller scale, for a small business, customer information theft can paralyze operations and even put a company out of business. In order to prevent these crimes, there are nine important data security policies that starts with ensuring data security accountability, policies that govern network services, scanning for vulnerabilities, managing patches, system data security policies, the response to incidents, acceptable use, monitoring compliance, and account monitoring and control.