ITM 350 Chapter Notes - Chapter 5: Disaster Recovery Plan, Intrusion Detection System, Cryptographic Hash Function

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 350
• Professor: Franklyn Prescod

Document Summary

Error is an unintentional act or omission that leads to undesirable consequences. Fraud is an intentional act that relies on deception to misappropriate assets or obtain other benefits. Malicious acts intentionally lead to the destruction of facilities, hardware, software or data. Disasters are acts of nature such as floods, storms, tornadoes, earthquakes, fires, power failures or other events that can lead to destruction of assets & disruption of business activities. New services: internal risks associated with new services include lack of standards, regulations. & rules & support systems: external risks associated with new services are natural hazards, legal issues & environmental issues. New business models: new business models face unique risks not encountered by traditional offline business models, include revenue leakage, poor image & inability to foster trust & confidence on the part of business partners. New processes: more on pg 89. New technology: ebusiness use leading-edge technology that may have issues associated with scalability, security & availability.