Cotemporary Security Issues
Cyber security has been slowly taking over as the main concern for security professionals as well as organizations. This is due to a larger emphasis on using paperless methods in order to keep track of customer’s data, financial records as well as many other important documents. Without properly trained IT professionals as well as an increase in maintaining up to date security these attacks will continue to have success. Another issue is the lack of legislation regarding cyber crime and their perpetrators.
Although billions of dollars are spent by organizations and governments in order to protect digital assets news of attacks are ...view middle of the document...
Organizations are having a tougher time mitigating security breaches, and the average financial impact of each breach on an organization is increasing. What’s more, it’s becoming harder to keep these attacks out of the news. Often, clients or regulatory agencies require companies to disclose breaches; in other cases, attackers themselves distribute the pilfered information online. (Ali, S., Dixon, J., &Padmanabhan, V, 2014) The average cost of a breach in 2013 was around 9 million which is an increase from the average of 8 million in 2012. The increase in digital assets, which include customer’s personal data, information concerning products as well as communications with suppliers and partners has made cyber security more essential than ever.
A lack of US laws regarding cyber-attacks has also impeded officials in pursuing capturing and convicting cyber criminals would will likely decrease future attacks. Although the internet has allowed useful information to be easily accessible by anyone with access to a computer with a connection it also has negative consequences. It has also allowed cyber criminals to exchange information and learn from each other allowing for increased effectiveness when conducting their attacks. The Secret...