Wk 5 Alt Assignment

Week 5 Alternate Assignment

* What is the value of having security and control policies in a corporation?

It is important for our company to have security and control policies in place to protect valuable information. This information has tremendous value and therefore there can be grave consequences if they are lost, destroyed, or wind up in the wrong hands. Also, inadequate security and control can result in legal liabilities. Not only are we protecting our own information assets, but also those of our customers, employees, and business partners. Failure to comply in this matter can open our company to litigation matters due to data exposure and/or theft.

Sound security and control measurers that protect information assets can produce a high return on investment. Increase in employee productivity and lower operational costs is also due to strong security and control measures.

* What are tools and technologies that can be used to safeguard important information in the corporation? Many tools and technologies can be used for safeguarding our information. Firewalls can prevent unauthorized users from gaining access to our private network when it is linked to the internet. Intrusion detection systems monitor the private network from unauthorized attempts to access the corporate system and suspicious network traffic. Smart cards, passwords, tokens, biometric authentication, and usernames can used be used to authenticate users trying to gain access to the network. Encryption, is used for securing electronic transmissions over networks that are unprotected. Encryption codes and scrambles messages so that it is unreadable. Digital certificates, along with public keys encryption, allow the protection of electronic transactions by way of authenticating a users’ identity.

* What are some of the political, social and ethical issues that need to be considered when installing a security and control system? Political, social, and ethical issues are...