Chapter 5 Security.docx

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Ryerson University
Information Technology Management
ITM 350
Franklyn Prescod

Chapter 5 Security - securing information from thefts -privacy issues -intellectual property -risk management -do risk assessment -vulnerable, if its huge ---> problem -use security tools -face risks of error, fraud, malicious acts or disaster -what is the impact on busines? have to do risk management risk is the probability of an event occuring that leads to undesirable consequences -error refers to an unintention -fraud refers to an ---> white collar -Malicious acts on harware and software, DOS, virus -disasters are acts of nature such as floods, tornados, storms, etc that can lead to destruction of assets and disruption of business activities -key risks faced by ebusiness new services -internal risks include lack of standards, regulations and rules and support systems. External risks include natural hazards, legal issues and environmental issues new business models- instaneous -revenue leakage, poor image and inability to foster trust and confidence on the part of business partners -new processs -new technology - Twitter security breach -new fulfillment processes -outsourcing IT activities you have to be vigiantly to update -downloading music illegaly, -least privilage -denial of ser
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