1. Management is responsible for implementing information security to protect the ability of the organization to function. They must set policy and operate the organization in a manner that complies with the laws that govern the use of technology. Technology alone cannot solve information security issues. Management must make policy choices and enforce those policies to protect the value of the organization’s data.
2. Data is important to an organization because without it an organization will lose its record of transactions and/or its ability to furnish valuable deliverables to its customers. Other assets that require protection include the ability of the organization to function, the safe operation of applications, and technology assets.
3. Both general management and IT management are responsible for implementing information security.
4. The implementation of networking technology has created more risk for businesses that use information technology because business networks are now connected to the internet and other networks external to the organization. This has made it easier for people to gain unauthorized access to the organization’s networks.
5. Information extortion is when an attacker steals information from a computer system and demands compensation for its return or for an agreement not to disclose it. One example could be someone that gains access to PII such as SSN’s through a company’s database and ransoms the information for money. If not paid, he could sell the information on the black market. This not only harms the company monetarily, but also questions their information security practices and ultimately their trust.
6. Employees can be one of the greatest threats to information security because their mistakes can lead to the revelation of classified data, entry of erroneous data, accidental deletion or modification of data, the