The Threats Of Business Information Resources And Corrective Actions On The Modern Age Of Technology

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This paper will address some of the threats to business’ information resources and corrective actions on how these businesses can protect themselves in the modern age of technology. While technology has rapidly expanded a corporation’s abilities to deploy digital communication and data sharing, it has also ushered in a wave of cyber criminals and illegal data mining of proprietary information. This paper contains information on the tools that can be used to protect businesses and private users from unwanted attacks from hackers and malicious software. These tools are useful in protecting business’ and users from threats but are not always effective. The human element in protecting data and how to make smart decisions on how and where…show more content…
We have witnessed that the Internet has made users‘ lives easier and has begun to link together varied segregated services (e.g., tele/communications, banking, investing, pharmacy, social interaction, education, entertainment) and devices (e.g., computers, servers, smart phones, even electronic chips in individual household air conditioning). The integration of such diverse technological applications coupled with the rapid growth of online users make fraudulent activities likely to rise further, if no intervention is proposed and implemented. (Wang & Huang, 2011, p. 2) Businesses and private individuals need to confront the issue of cyber-crime head on and implement technology and procedures to aid the deterrence of information technology breaches. Introduction Sub-section 2 Inconvenience, damage to public image, and lost time are only a few of the negative aspects of cyber-crime for the companies and individuals that to have to deal with it, there is often a considerable cost associated with whatever damage is done by these individuals. “Hackers, computer criminals, and cyber-criminals, both domestic and international, could cost the U.S. economy over $100 billion and 500,000 jobs per year, according to a 2013 report by the Center for Strategic and International Studies (CSIS), a Washington D.C. think tank.” (Bidgoli, 2014, p. 85) These costs can be incurred due to downtime, loss of
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