The Economic Considerations Of Information Security And Its Management Essay

The Economic Considerations Of Information Security And Its Management - Essay Example However, the people who could care for a system were not the ones who suffered the costs of break down. This scenario can be explained with the help of some examples. Well structured billing-management features for the administrators who offered them, but were not so excellent at protecting customer’s privacy. For instance, automatic teller machines gone through under fraud in a lot of developed countries like the Netherlands and United Kingdom, where deprived rules and regulations left banks without enough encouragement to protect their information systems, and allowed them to pay the charges of fraud to their customers. In this scenario, the internet is acknowledged as an insecure medium due to the fact that its liability for attacks is so diffuse. In all of these cases, the technical considerations of security are less important than the economic considerations (Anderson & Schneier, 2008), (NIST, 2010) and (Anderson & Moore, 2007). In this scenario, to implement a solution to this problem there is need to think about following questions like â€Å"do we need to spend an adequate amount of funds keeping viruses, attacks and hackers out of our corporate computer systems? Or do we pay out too much for overall security management? Seeing that after the incident of 9/11, this kind of questions has gained a heightened significance. In this scenario, the economics can depict a lot of puzzling realities regarding internet security. For example, organizations implement email encryption and firewalls not due to the relative efficiency of these technologies, however due to the economic forces that force corporations to install these tools on their systems (Anderson & Schneier, 2008), (NIST, 2010) and (Anderson & Moore, 2007). At the present, organizations hardly ever make public information concerning interruptions due to the economic reasons in doing so. For instance, an un-protected operating system is an international standard, partially for the reason that its financial results are mostly shown not by the corporation that built the operating system, however by the clients who bought it and used it. Furthermore, a number of major controversial cyber-policy matters also exist between information security and economics (Anderson & Schneier, 2008), (NIST, 2010) and (Anderson & Moore, 2007). Economic theory forecasted that the worldwide recession will certainly augment the amount of cyber crimes as the financial recession deepens. There could be a lot of reasons of cyber crime such as an increase in security breaches and hit on more vulnerable and frantic people from those with cyber skills and cyber criminal position for desired income; and a reduced focus on investment in computer security as a result of fewer resources. According to the various researches, the assets of United States households have reduced up to approximately $1.4 trillion; consequently the whole sum of money available to steal has reduced. However, this connection and causation are tremendously hard to demonstrate conclusively. In this scenario, it could be concluded that the cyber crime has been growing at very high rate for the reason that there are less difficulties for the criminals to perform their activities and almost no risk of being trapped and accused. However, this is apart from of the circumstance of the global economy. Despite the fact that appearing at the difficulty of workers of the growing marketplaces, this can be concluded that the financial situation of these nations has been significantly condensed with less hope of development of their condition, cyber crime prospects and thus the number of workers will increase (Guerra, 2009) and (Schneier, 2006). Possibly,

The Economy of Irish Republic Essay Example | Topics and Well Written Essays - 2000 words

The Economy of Irish Republic - Essay Example (Christopher T. Whelan 2007 ).However the current position of the slump in the ICT market has caused a temporary slump in the period of 2006-2007.It has been suggested that a policy focusing on retaining a deflated real exchange rate/real wage rate would benefit Ireland in the longer term.towards a macro-economic balance. (Christopher T. Whelan 2007 )In 2001 alone the interest rate was more than 3 % for the economy and it has been brought down recently to pave the way for a better monetary policy based economic performance by marked increase in public finances strengthened markedly and a cut down in the public debt with a surplus in the Foreign trade balance. (OECD 2001-2006)There have been recent strong gains in the disposable incomes and wealth, and investment has improved but there is a marked danger of the labour supply shortage.The better part of the Irish economy is that it has managed a low inflation rate (5%) for the past one decade despite the high fuel prices in the interna tional market and tax increases in tobacco prices and the service sector. (OECD 2001-2006) Inflationary pressures are also coming from the employment sector but have been avoided in the interests of a tight fiscal and monetary policy.However in the face of the promising productivity growth the monetary conditions in Ireland are expansionary based upon the rapid increases in house prices and private sector credit and lending. (Christopher T. Whelan 2007 ) Tax revenues have also been promising in the face of a booming economy and have enabled sizable tax cuts and increases in real spending over the past three years for the business community.There is also an over all increase in consumer spending based on the successful international and EU trade performance of Ireland with in the past few years.Coming back to the interest rates there has been a peak in overall inflation because of the above factors but the nominal interest rates have been accordingly adjusted to adjust to the hazards of inflation without disturbing an overall real increase in disposable incomes The success of the Irish Economy mainly due to the governments attempts at the effective macro-economic policy management. Currently the Irish Economy has a nominal GDP of 180.7 billion. with a real GDP growth of 6% and a Nominal GDP per capita of $44,500. (National Statistics 2006).With an export industry that relies heavily on food processing, beverages, engineering, chemicals, pharmaceutical and construction and an export industry based upon machinery, transport equipment, chemicals, and beverages the country deals mainly with the US and the Great Britain in terms of Foreign trade. (www.imf.org). Popularly labelled as the "Celtic Tiger" the country has witnessed massive GDP growth in the past three years alongwith its progressive industrial policy and massive foreign direct investment. (Honohan, P. and Walsh, B. 2002) The economy did take a slump during the post 9/11 scenario and there was no longer the

Statement of Purpose for George Washington University Essay

Statement of Purpose for George Washington University - Essay Example I have also volunteered in many activities as a student volunteer. Since I am passionate about computer technology, I have acquired proficiency in many computer softwares like Microsoft office (Word, Excel, Access, PowerPoint), Windows, Mac OSX, IMovie, Prezi. I plan to learn more about information systems via libraries and internet after I complete my graduation degree. I also plan to attend seminars and training sessions regarding information systems. I feel that I have extreme craze to go ahead in the computer industry, and that is why I wish to apply for the said course from George Washington University. I want to contribute valuable expertise to the computer industry. Having stated my desire to learn about information systems, I hope that the university officials will consider my application, and will grant me admission in their reputed university so that I may be able to accomplish my dreams and become a talented IT professional in future. Thank

What impact did the Atlantic slave trade have on the nations of the Essay

What impact did the Atlantic slave trade have on the nations of the West African interior - Essay Example As the slave traders only left the old and the young behind, with the young and able bodied Africans all captured to be sold later, therefore it was very hard for those who were left behind to revive the economy and make a living for themselves, resulting, often, in starvation and more deaths. Those who were captured were transported by forced marches across the continent, further causing deaths. Moreover, not all who were captured were transported to other continents, which resulted in their displacement within the continent, which caused adverse affects to the region they were left in. There was massive relocation on the part of many communities, as they did not want to be within short distance of the slave traders’ route, which caused them to lose all advancements they had made in their present areas. Not only that, as these communities were more focused on saving themselves and trying to hide from the slave traders, they had little or no economic and technological development. As the Europeans were involved completely in the slave trade, they did not want the African states to centralize due to the adverse affects of this centralization to the slave trade. Due to this reason, the European powers did not allow much political progress to be made in the region. This also resulted in despotic rulers or elders, often if not always funded by Europeans, being placed over the people, who did not allow much interaction between the states, and who often, suppressed their own people and allowed the slave trade to go on. All of this caused the continent to be pushed back in time with little or no progress being made at any level. The African people were often disorganized with the whole continent lagging far behind in its economic, political and social growth. The slave trade was the first step, therefore one can say, in leaving the doors open for European colonialism in the African continent, which was a further cause for the problems of the

Food and beverage Management ( Case study) Essay

Food and beverage Management ( Case study) - Essay Example 6. ‘The Olive Tree’ can roll new items without much of the operational hurdle commonly found in the large chains. Six weaknesses can be identified as per the following. 1. ‘Resource limitation’, the company cannot spend much on creating its own unique brand. 2. The company does not have much leverage on large menu additions. 3. ‘No brand promotion’ to compete with large companies. 4. No market research possibility for introducing new menu items. 5. Owner is the sole guiding force; no other competent staff that can replace him at the time of emergency. 6. Low equity holding does not allow easy expansion at other locations. Answer 2 Critical Evaluation of the Restaurant The below mentioned table shows all important parameters such as total sales, gross profit, net profit, average spend per head, food versus drink sale, % gross profit for food and drink, % net profit for food and drink, total gross profit combined for food and drink that are necess ary to judge the company performance. The Oliver Tree’s performance (Calculated) for the year 2012-13 April May June July Aug Sept Oct Nov Dec Jan Feb March Total Sales 49,660 51,194 53,204 54,505 55,403 53,191 49,240 48,070 49,046 41,628 41,280 42,077 Gross Profit (Food) 23,115 23,864 24,252 25,643 25,842 25,176 23,525 22,901 20,292 17,644 18,181 20,033 Gross Profit (Food) % 68.29 67.09 67.19 68.20 66.39 67.70 68.09 67.40 63.50 60.26 62.10 65.70 Gross Profit (Drink) 11,450 11,034 11,706 11,783 12,462 12,386 10,272 10,202 10,800 8,065 8,414 7,668 Gross Profit (Drink) % 72.4 70.6 68.40 69.70 75.60 77.40 69.90 72.40 63.19 65.30 70.09 66.2 Total Gross Profit (F+D) 34,565 34.898 35,955 37,426 38,304. 37,562, 33,797, 33,103 31,092 25,709 26,595 27,701 Net Profit 21,455 23,574 23,612 24,018 22,293 21,498 20,897 20,653 18,929 14,777 14,966 15,794 Net Profit % 43.2 46.04 44.38 44.0 40.23 40.42 42.43 42.96 38.6 35.5 36.25 37.53 Avg. spend (?) per head 8.76 8.67 8.86 9.06 9.30 9.33 9.5 5 9.82 10.81 8.46 8.76 8.79 Trading Position First five months of ‘The Olive Tree’ show a consistent rising trend as far as the trading position is concerned; however, thereafter a slowdown has been observed with a major fall seen in last quarter. Trades between June and September show higher revenue earnings with weekly sales remaining above ?12,000 throughout. Sales February is the slack-month for the company registering sales of only ? 41,280 while August is the boom period for the company recording sales at ? 55,403. The difference between these two months is over 30 percent. It is important to analyze the fall in last quarter for remedial measures. Value-wise, the company's sales on drink constitute over 30 percent of the total and percentage profit margin from drinks is higher than food items. Average spend per Head As calculated and mentioned in the above mentioned table, average-spend per head vary between ? 8.46 and ? 10.81. The lowest spend is found at ? 8.46 in month of February while highest spend is registered in month of December at ? 10.81. Food Gross Profit The highest food gross profit is registered in month of August at ? 25,842 and the lowest profit is in month of February at ?17,644. It is pretty clear that profit in winter is on lower side compared to profit earned in summer months. Wages Wage bill varies between ?10,932 and ?16,064 per month. Again, the lowest bill has been registered in February and highest has been register

Challenges Faces Holiday Inn Essay Example | Topics and Well Written Essays - 1000 words

Challenges Faces Holiday Inn - Essay Example As the discussion highlights to  improve on sales of the restaurant, management decided to change their brand name. The action was intended to change the perception of the guests. Changing the perception of the guests would improve on sales. The increase in sales will be an outcome from fooling guests that the products in this case, which are pizza, are from a different restaurant ‘Napoli pizza’. Management of the restaurant also decided on changing delivery boxes to the room service. They also changed the brochures for each guesthouse to indicate ‘Napoli pizza’ and their phone number had a different prefix and would be as ‘Napoli pizza.  In marketing, various ethical issues should be adhered in the process of business. In this case, various marketing ethics issues were violated. Firstly, the management of Holiday inn restaurant fooled their customers by temporarily changing their brand name to ‘Napoli pizza’ with the aim of increasing sales to maximize profit. The practice was contrary to marketing ethics that requires businesses to advertize their products in promoting honesty, fairness, and responsibility. In this case, management of the restaurant failed to take the responsibility of marketing to promote their sales and instead put on a fake brand name. Another ethical issue arose from the restaurant using another organizations name without their authorization. The act resulted into disrespect and violation of the marketing and business ethics. Secondly, the restaurant provided brochures with a fake name to impress their customers and at the same time boost sale sales in the room service. The management did not show their real identity to their customers in the guesthouses and faked their delivery boxes.  

The Convenience Brought by Mobile Phones Essay Example for Free

The Convenience Brought by Mobile Phones Essay Mobile phones are one of the most positively viewed inventions in the technological era. Considering that fact a serious question arises. Are there any advantages and disadvantages of using a mobile phone? Earlier days, when we were out of home or office, we needed to search for a public telephone booth to make a phone call. Now, we pick up our mobile phone and dial. It is a fact that having a mobile phone nowadays is a sort of a necessity. Mobile phones, formerly use only for making a call, were large and heavy. Along with technological development, there are smallest, more useful, have many new functions. Now we can write text messages, visual voicemails, use camera, GPS, Internet via GSM systems, Wi-Fi. User interfaces are built around the devices multi-touch screen, including a virtual keyboard rather than physical one. That’s all just mobile phone like a small computer. Today, younger people doesn’t imagine their life without phone. They can carry a mobile phone with them so they dont miss important calls. It keeps them in constant contact with people they consider important. The distance doesn’t any difference now. Wherever you go, you can make a call to college however far away he is. It’s convenient. If you are in an accident, you can call the police or ambulance and if the phone has a camera, you can take pictures of the accident. If you are lost, you can call for directions. Through mobile phones you can lessen your boredom, example listen to your favourite music and as well as watching movies through downloading. Mobile phones also gives us easier access on the internet. You can carry it anywhere. It has a lot of useful function like calendar, making notes, alarm clock, timer and calculator. No doubt, our mobile phones makes our life more convenient, but as the saying goes every technology has its equal negative side and mobile phones are not so especial to be exempted. People spend less time bonding with their family and friends. People