Value and Risk of Information Systems

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Value and Risk Of Information Systems

Value of Information Systems


Measured in the time required to make a decision and increase profits to the company Finance & Accounting Marketing & Sales Human Resources
Airlines, Investment, Banks, Healthcare, Retail Etc.

Risks to the Information System

Risks to Hardware
Risks to Data and Applications Risks to Online Operations

Risks to Hardware

Natural Disasters:

Fires, floods, earthquakes, hurricanes, tornadoes and lightning Wildlife and human errors

Blackouts and Brown Outs:


interruptions in power

Black outs: total losses of electric power Brown Outs: Voltage of the power decreases, or there are short

..Organizations use uninterrupted Power Supply system ..Practical measure is to maintain an alternative source of power i.e. a Generator

Vandalism:

Human beings deliberately destroy the computer systems

Risk to data and Applications


Theft of information : Keystroke logging Social Engineering Identity Theft

Data alteration, Data destruction, and web Defacement: Computer Viruses, Worms and logic Bombs Nonmalicious Mishaps

Risks to Online operations

Denial of service Computer Hijacking

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