Management Information System
Management and Information System
a) Security/threats and its issues-
Name of the company: TJX Inc.
Date of impact: December 2006
Impact of security breach: 45 million credit cards information exposed.
TJX failed to upgrade its data encryption system when the electronic eavesdropping began in July 2005. More than 45 million credit and debit cards exposed after the central database was breached. The investigation also stated that TJX had kept too much of customer’s personal information for far too long.
Key points the management should consider: -
1. The management should have considered improving their security system.
2. Should hire better personnel to upgrade the defense mechanism without being too concerned about the expense. Main reasons behind breach: -
1. Weak encryption protection technology to secure the database.
2. Storing customer information for far too long not making sure its security.
Ways to avoid these types of breaches: -
1. Multi-layered defense system which will protect the data from the moment it’s being created.
2. There must be strong encryption at the core of the database defense system. Better programmers can be hired to create the encryption and also hackers can be paid to test the system’s reliability.
3. Data should be encryption and ultimately destroyed when no longer needed. This highly reduces the risk of customer data being stolen.
b) Global Management Information System/ Risks
Name of the company: Blackberry
Date of impact: 7th October, 2013.
Impact of Global MIS failure and risk: 10m of the 70m blackberry users were affected by the incident. Reputation hampered. Stock exchange values decreased.
One of the leading smart phone companies BlackBerry suffered one of the biggest breakdowns in the history which left millions of its users unable to send or receive emails, browse internet or use instant messaging. The incident left a bad dent on the company’s reputation in comparison to its
a) Security/threats and its issues-
Name of the company: TJX Inc.
Date of impact: December 2006
Impact of security breach: 45 million credit cards information exposed.
TJX failed to upgrade its data encryption system when the electronic eavesdropping began in July 2005. More than 45 million credit and debit cards exposed after the central database was breached. The investigation also stated that TJX had kept too much of customer’s personal information for far too long.
Key points the management should consider: -
1. The management should have considered improving their security system.
2. Should hire better personnel to upgrade the defense mechanism without being too concerned about the expense. Main reasons behind breach: -
1. Weak encryption protection technology to secure the database.
2. Storing customer information for far too long not making sure its security.
Ways to avoid these types of breaches: -
1. Multi-layered defense system which will protect the data from the moment it’s being created.
2. There must be strong encryption at the core of the database defense system. Better programmers can be hired to create the encryption and also hackers can be paid to test the system’s reliability.
3. Data should be encryption and ultimately destroyed when no longer needed. This highly reduces the risk of customer data being stolen.
b) Global Management Information System/ Risks
Name of the company: Blackberry
Date of impact: 7th October, 2013.
Impact of Global MIS failure and risk: 10m of the 70m blackberry users were affected by the incident. Reputation hampered. Stock exchange values decreased.
One of the leading smart phone companies BlackBerry suffered one of the biggest breakdowns in the history which left millions of its users unable to send or receive emails, browse internet or use instant messaging. The incident left a bad dent on the company’s reputation in comparison to its