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Risk Management

Today’s Internet economy has forever changed the way the world conducts business. At no other time in history has technology opened the doors to new markets at a faster pace. While e-Commerce presents tremendous opportunities, it also introduces an enormous amount of risk. After all, the same technology that connects companies to the global marketplace also makes their systems vulnerable to attack.

As organizations leverage computer networks and the Internet to scale

their businesses and be more competitive, directors and managers must understand the new risks introduced and the responsibilities assumed by opening their critical business systems and data to a public network. Regulations, guidelines, and standards are emerging to help companies define and implement appr


Government (local, national, and international) attempts at establishing or influencing these requirements are prevalent in today’s security environment. HIPAA, Gramm-Leach-Bliley, and various Executive Orders are government-mandated requirements for security and privacy requirements in the healthcare, financial services, and government industry arenas, respectively. For example, every department and agency within the federal government has been mandated, by Executive Order, to develop, monitor, and manage an

proposed as candidate standards for security compliance. In addition, de-facto standards bodies such as VISA are starting to publish security guidelines; if these guidelines are not implemented, VISA merchants risk losing use of the VISA logo.The implications are

Some topics in this essay:
Today’s Internet, HIPAA Gramm-Leach-Bliley, security privacy, security privacy practices, computing environment, compliance standards, appropriate security, security compliance, privacy practices, appropriate security privacy,

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Approximate Word count = 522
Approximate Pages = 2 (250 words per page double spaced)


  

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