Data Security is considered a senior Management concern and responsibility. It affects every company’s operation, reputation and ultimately impacts revenue, profits, and a competitive edge. Yet many companies do not implement defenses that could help to prevent and control data breaches. In June 2012 LinkedIn a business social network site was hacked, this data breach was discovered when IT security experts discovered millions of LinkedIn passwords on a Russian underground site. The reason this happened was that the company was using outdated encryption methods and within 2 days, most passwords were cracked. What steps can a business take to keep control of its data security? What security management processes and activities in each process should a business follow to ensure they have an Information Technology Risk management strategy in place?
Data Security is considered a senior Management concern and responsibility. It affects every company’s operation, reputation and ultimately impacts revenue, profits, and a competitive edge. Yet many companies do not implement defenses that could help to prevent and control data breaches. In June 2012 LinkedIn a business social network site was hacked, this data breach was discovered when IT security experts discovered millions of LinkedIn passwords on a Russian underground site. The reason this happened was that the company was using outdated encryption methods and within 2 days, most passwords were cracked. What steps can a business take to keep control of its data security? What security management processes and activities in each process should a business follow to ensure they have an Information Technology Risk management strategy in place?
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