Wednesday, May 6, 2020

Cyber Security And The Internet Essay - 1696 Words

The recent trend in the global business has been largely driven by the mechanism of the internet and more broadly the cyberspace. This has created a more elaborate platform for all business activities to be coordinated through an information system protocols. The information system is the management of the information data base of an organization or an institution. Information is assumed to be a significant asset, organisations strive to gather, retain and protect their valuable intellectual property to place them in a prominent business platform over their competitors. The proficiency and efficacy of the cyberspace in its application in accounting, finance, system designs, manufacturing etc., cannot be denied nor neglected. The reality of the twenty-first century is simple; no organization can survive without the adoption and implementation of the mechanism of information technology to their area of business. On the contrary perspective, there are several challenges that are associated with the cyberspace, among which is majorly cyber security. Recently the hackers’ activity has really skyrocketed and has become a major concern for organizations, states and federal governments and even international organizations. Several regulatory schemes are put in place to mitigate the activities of hackers across the globe. General Group General group was founded in Berlin in 1831 and has grown to be a major player in the banking, finance service/ insurance sector. The group’sShow MoreRelatedCyber Security And The Internet Essay1757 Words   |  8 Pagescomputers and the internet continues to take a toll in the current world, there arise risks concerning the protection of the confidentiality of information flow. This has necessitated the rise in information breaches thus compromising the privacy and confidentiality of the information. 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