Threats to Information Security Essay

To start off with I chose to go with our banking or financial industry. The banking industry is constantly getting attacked by various methods on a daily basis. I chose this industry because I happen to know someone who works in the security sector at Wells Fargo Bank, he was a good person to get information on what he sees on a daily or weekly basis. This paper is the opinion of myself and with gathered information from various resources.

In today’s IT world every organization has a responsibility to protect the information and sensitive data they have. Protecting data is not only responsibility of security and IT staff but every individual is involved in protecting the information. The risks to information security are not digital only, but it involves technology, people and process that an organization may have. These threats may represent the problems that are associated to complex and expensive solution, but doing nothing about these risks is not the solution.

In today’s modern society, to which a well-developed information technology has been applied, it is getting more and more inevitable to use it in our everyday life, since people can store and access to their private information in one place without difficulty. However, this is also the danger of it, as it has become much easier for a third-party to collect and steal information online. Consequently, many cautious company and institutions are aware and well prepared for the potential cyber data hack attacks. (Bennett, 1992)

Restricting access to sensitive information plays a vital role in the success of any organization. Information is deemed sensitive when it needs protection from unauthorized access. Protecting this information is essential in safeguarding security and privacy of an organization. Thus, an organization such as Bank of America has taken measures geared towards protecting its sensitive information from unauthorized access. Just like other organizations, Bank of America has two types of sensitive information. The first type of sensitive information is personal information. This is data that may affect an individual if

Research Objective: The main theme of this research paper is to protect sensitive information that any organization or business possess. With community’s increasing reliance on information systems and technology there is scope for security breaches, more likely to happen. Not only monetary loss it can create damage to information assets that has sensitive data. To secure these assets from any internal or external damage organizations has to follow proposed rules and guidelines. Also security responsibilities

All workers of this organization oversee ensuring that data is secured appropriately. Senior administration oversees issuing and embracing this Security Policy. They perceive the delicate idea of the data that the association stores and forms, and the genuine potential mischief that could be caused by security occurrences influencing this data. They will along these lines give the most astounding need to data security. This will imply that security matters will be considered as a high need in settling on any organization choices. This will help Campbell Computer Consulting and Technology Company to assign adequate human specialized and budgetary assets to data security administration and to make a proper move considering all infringement of Security

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.

To establish a framework to maintain the security, integrity and availability of ABC 's information assets

The information age is the age we live in today, hence we must make sure that the use of the information readily available to many people is not abused. There are many different types of security threats to the average person, business or even government. The risks faced by individuals and entities are rising, thus measures to avoid these privacy and security breaches would be discussed accordingly assisting and allowing firms to remain, fraud free and protected.

In the previous five years, cybersecurity has turned into the most looked for after calling around the world. More than 90 percent of respondents to an overview directed by the Ponemon Institute (2011) detailed being a casualty to cyberattacks amid the most recent year, costing all things considered more than $2 million for each association. This number keeps on ascending as the two programmers and security devices progress. As indicated by PwC, roughly 33% of all U.S. organizations are as of now utilizing digital protection (Lindros and Tittel, 2016).

The scope of this paper will revolve around the minor to severe level of informational security threats post by employees. The paper will assess data theft techniques, rogue employees and analyze the risks, which are involved related to technology used by the employees. The paper will discuss many terms and techniques without going into so much technical details. The plans and

a significant amount of data security breaches are due to either employee oversight or poor business process. This presents a challenge for businesses as the solution to these problems will be far greater than simply deploying a secure content management system. Business processes will need to be examined, and probably re-engineered; personnel will need to be retrained, and a cultural change may be required within the organization. These alone are significant challenges for a business. A recent example of what is probably unintentional featured an Australian employment agency’s web site publishing “Confidential data including names, email addresses and passwords of clients” from its database on the public web site. An additional

Information security professional’s job is to deploy the right safeguards, evaluating risks against critical assets and to mitigate those threats and vulnerabilities. Management can ensure their company’s assets, such as data, remain intact by finding the latest technology and implementing the right policies. Risk management focuses on analyzing risk and mitigating actions to reduce that risk. Successful implementation of security safeguards depends on the knowledge and experience of information security staff. This paper addresses the methods and fundamentals on how to systematically conduct risk assessments on the security risks of information systems.

Safety of information is the most valuable asset in any organization particular those who provide financial service to others. Threats can come from a variety of sources such as human threats, natural disasters and technical threats. By identifying the potential threats to the network, security measure can be taken to combat these threats, eliminate them or reduce the likelihood and impact if they should occur.

A threat agent is the facilitator of an attack however; a threat is a constant danger to an asset.