Abstract

There is an imperative needing for enhance the security of credit card transactions over the internet as more and more people make their purchase online. The sensitive credit card details must be stored and processed securely by merchants. On this case, we will have the opportunity to learn about information security, implications and reactions when there is a security breach and how, what and where the companies need to inform their customers about the security breach and how they are improving their systems to keep from happening. Flayton Electronics comes up with a strategy on how to help customers with their identity theft while waiting for the secret service to determine what exactly happened. We will also be able to see how Flayton Electronics suffered damages and what kind of policies and procedures they need to implement to avoid another security breach impact.

Paper:

The main goal of information security is to protect the data or information from unauthorized access, use, disclosure, modification, inspection, recording and destruction in order to provide confidentiality, integrity and availability. Security is the most fundamental and critical of all the technologies disciplines an organization must have exactly in place to execute its business strategy. Confidentiality guarantees that the information can be read and interpreted only by processes and/or persons clearly authorized to do so. This means that computers system should prevent users from reading and disclosing information among them, unless permitted. Integrity ensures information is not tainted and availability ensures that authorized users can access and work with information assets, resources and systems when needed and with the required response and performance. Securing a computer network by means of logical controls is a difficult but necessary requirement for ensuring