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 reported on, which many times are successful. Despite the fact that myriad tech risks were identified by the study’s 469 participants, many firms aren’t making the grade when it comes to putting the necessary protections in place to combat these threats. Specifically, one-third of organizations with less than $100 million in revenue said they did not conduct any form of IT audit risk assessment, while 42 percent of all surveyed firms reported that in lieu of their own internal resources, they depended on external assistance to inform their IT audit departments. (Caldwell Partners, 2014) Given the large amount of media attention given to cyber-attacks, the lack of internal attention given to cyber security is astonishing. While budget constraints are one factor contributing to a lack of security without integrating some form of internal risk assessment, companies cannot hope to achieve the highest level of security possible. Without consistently updating security systems organizations are leaving themselves open to attacks from outside individuals. This is due to cyber perpetrators constantly looking for ways to side step or penetrate security systems in order to achieve their goals. While the goals of these perpetrators range from
References: Partners, C. (2014, January 24). Addressing the ongoing problem of IT security. Caldwell Partners. Retrieved February 19, 2014, from http://www.caldwellpartners.com/addressing-the-ongoing-problem-of-it-security/ Ali, S., Dixon, J., &Padmanabhan, V. (2014, February 12). Why cybersecurity is a strategic issue. Bain Brief. Retrieved February 19, 2014, from http://www.bain.com/publications/articles/why-cybersecurity-is-a-strategic- issue.aspx Cooney, M. (2014, February 5). US Secret Service: Stronger laws could help fight sophisticated cybercrime. Network World. Retrieved February 19, 2014, from http://www.networkworld.com/community/blog/us-secret-service-stronger-laws- could-help-fight-sophisticated-cybercrime