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    Chapter 8 Summary

    Uploaded by

    Graciella Audrey
    This chapter discusses securing information systems and protecting data. It identifies reasons why systems are vulnerable, including extensive electronic data storage, network connectivity, and software vulnerabilities that can be exploited by hackers and malware. It outlines the importance of security and control for businesses to protect valuable assets and comply with privacy laws. Components of an organizational security framework are also described, including security policies, risk assessments, disaster recovery planning, and identity management. Finally, important tools for safeguarding systems are provided, such as firewalls, intrusion detection, anti-malware software, encryption, and fault-tolerant systems.

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    Chapter 8 Summary

    Uploaded by

    Graciella Audrey
    30 views2 pages
    This chapter discusses securing information systems and protecting data. It identifies reasons why systems are vulnerable, including extensive electronic data storage, network connectivity, and software vulnerabilities that can be exploited by hackers and malware. It outlines the importance of security and control for businesses to protect valuable assets and comply with privacy laws. Components of an organizational security framework are also described, including security policies, risk assessments, disaster recovery planning, and identity management. Finally, important tools for safeguarding systems are provided, such as firewalls, intrusion detection, anti-malware software, encryption, and fault-tolerant systems.

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    This chapter discusses securing information systems and protecting data. It identifies reasons why systems are vulnerable, including extensive electronic data storage, network connectivity, and software vulnerabilities that can be exploited by hackers and malware. It outlines the importance of security and control for businesses to protect valuable assets and comply with privacy laws. Components of an organizational security framework are also described, including security policies, risk assessments, disaster recovery planning, and identity management. Finally, important tools for safeguarding systems are provided, such as firewalls, intrusion detection, anti-malware software, encryption, and fault-tolerant systems.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    30 views2 pages

    Chapter 8 Summary

    Uploaded by

    Graciella Audrey
    This chapter discusses securing information systems and protecting data. It identifies reasons why systems are vulnerable, including extensive electronic data storage, network connectivity, and software vulnerabilities that can be exploited by hackers and malware. It outlines the importance of security and control for businesses to protect valuable assets and comply with privacy laws. Components of an organizational security framework are also described, including security policies, risk assessments, disaster recovery planning, and identity management. Finally, important tools for safeguarding systems are provided, such as firewalls, intrusion detection, anti-malware software, encryption, and fault-tolerant systems.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Chapter 8: Securing Information Systems

    8-1 Why are information systems vulnerable to destruction, error, and abuse?

    When doing business today, the top priority should be security and control. Security is policies,
    procedures, and technical measures used to prevent unauthorized access by other parties.
    Control methods, policies, and organizational practices ensure the organization's safety.
    Extensive data stored in electronic form are vulnerable to many kinds of threats. Vulnerability
    can exist in each layer of communication. When a system malfunction breaks down, it is
    exposed to cyber-attacks. Same with smartphones that contain essential data.

    The Internet is more vulnerable than internal networks since it is open to everyone. A
    vulnerability has also increased from the widespread use of email, instant messaging, and peer-
    to-peer file-sharing programs. Hackers can unleash denial-of-service (DoS) attacks or penetrate
    corporate networks, causing severe system disruptions. Bluetooth and Wi-Fi networks are also
    dangerous to hackers. Wi-Fi networks can easily be skewered by intruders using sniffer
    programs to obtain an address to access the network's resources.

    Malware is malicious software programs that include computer viruses, worms, and Trojan
    horses. Malware can disable systems and websites, with mobile devices a significant target.
    Hacker is an unauthorized individual who wants to gain access to information. The dispersed
    nature of cloud computing makes it challenging to track unauthorized activity or apply controls
    from afar. The software presents problems because software bugs may be impossible to
    eliminate and because hackers and malicious software can exploit software vulnerabilities. End
    users often introduce errors.

    8-2 What is the business value of security and control?

    Many companies have valuable information assets they need to protect, such as individual
    taxes, financial assets, trade secrets, new product development plans, and marketing strategies.
    Businesses with inadequate security and control can result in legal liability. Not only the
    company itself but the business must also protect its customers, employees, and business
    partners. If they cannot fulfill that, they need to pay a litigation fee for data exposure or theft.
    Laws, such as
    - HIPAA: medical security and privacy rules
    - Gramm-Leach-Bliley Act: Financial Services Modernization Act 1999
    - Sarbanes-Oxley Act: Public Company Accounting Reform and Investor Protection Act
    of 2002
    require companies to practice stringent electronic records management and adhere to strict
    security, privacy, and control standards. Legal actions requiring electronic evidence and
    computer forensics also need firms to pay more attention to security and electronic records
    management.
    8-3 What are the components of an organizational framework for security and control?

    Even with security tools, the information system will not be reliable unless we know how and
    where to deploy them. Firms must establish a good set of general and application controls for
    their information systems. Reasonable control takes care of the design, security, use of
    computer programs, and security of data files. Meanwhile, application control is specific rules
    specific to the application. Risk assessments determine the risk level if the firm's typical activity
    is not controlled. After the risks have been assessed, system builders will concentrate on the
    control points with the greatest vulnerability and potential loss.

    Security policy can be made after the company has identified the main risk of the system.
    Security policy consists of statements ranking information risks, identifying acceptable
    security goals, and identifying the mechanisms for achieving these goals. The security policy
    drives other policies determining the fair use of the firm's information resources and which
    company members have access to its information assets. When you have a business, you also
    need to take measures of unwanted events that might happen. Disaster recovery planning
    devises plans for restoring disrupted computing and communications services.

    8-4 What are the most important tools and technologies for safeguarding information
    resources?

    Businesses need to have technologies to protect the information they have. Identity
    management is an automated use to keep track of all these users and their system privileges. It
    also has essential features for authenticating users, protecting user identities, and controlling
    access to system resources. Passwords, tokens, smart cards, and biometric authentication are
    used to show system users.
    There are essential business tools needed to protect the business agist malware and intruders:
    1. Firewalls: prevent unauthorized users from accessing private networks.
    2. Intrusion detection systems: full-time monitoring tools placed at the most vulnerable
    points to detect intruders continually.
    3. Anti-malware software: used to prevent, detect, and remove malware such as viruses.
    4. Unified threat management (UTM): security management that includes firewalls,
    virtual private networks, intrusion detection systems, and web content filtering and anti-
    spam software.
    Coding and scrambling messages or encryption are commonly used to secure electronic
    transmissions over unprotected networks. Blockchain technology allows companies to create
    and verify tamper-proof transactions on a network without a central authority. Digital
    certificates and public key encryption further protect electronic transactions by authenticating
    a user's identity. Companies can use fault-tolerant computer systems to ensure that their
    information systems are always available. The use of software metrics and rigorous software
    testing help improve software quality and reliability.

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