Question 5 what poses the largest security threat to

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Question 5: What poses the largest security threat to an e-business? Answer 5: Contrary to popular belief, it is very difficult to break into a company from the Internet. Modern security technologies are very efficient. The biggest threat comes from insiders who have access to e-business systems. Though the figure varies from year to year, the rule of thumb is that 50 60% of e-business thefts and fraud come from company insiders. Question 6: Why is technical security, such as a firewall, not sufficient for an e-business? Answer 6: Technical security is only one part of a multilayered system called defense in depth . There also need to be adequate procedures and controls to manage access to data, prevent leaks of passwords, and promote continual review and upgrade of the security posture of an e-business to meet new threats. Question 7: How is privacy different from security in an e-business? Answer 7: Privacy relates to the steps taken to make sure that customer information is not only protected but managed. For example, one privacy issue is whether an e-business can share or sell data such as credit information and customer-buying habits. Sharing or selling data can be perceived as an invasion of privacy by a customer. Question 8: Why might an e-business prefer to have a privacy policy that makes customers opt out rather than opt in? Answer 8: E-businesses recognize that information about customers, their needs, and buying habits have value. If they can, and it is within the law, these e-businesses want to use the information to increase customer service and generate secondary revenue. An opt-out policy puts the burden of choice on the customers and makes them take proactive steps to declare their information private. The effort is seen as a disincentive to the customer. An opt-in approach means customers must actively agree to have their information shared with little perceived gain. Question 9: Why might an organization create a new group or division when entering into e- business? Answer 9: Organizations must determine if the existing structure is the right one for an e-business and if the existing skill set can support the new needs. Some organizations decide on a new group, division, or a whole new business because of skills, focus, and legal issues. This may depend on the organization’s overall strategy, goals, as well as legal and tax considerations. Each company will make a decision like this based on a complex interplay of existing skills, organizational focus, corporate strategy, legal counse l, and the company’s regulatory environment (both local and international). Question 10: Is it enough to just establish technical links to e-business partners? Answer 10: Technical links are only the start of the e-business process when connecting to partners.
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