The Impact of Weak System Security- Unit 7, M1
The Impact of Weak System Security
Task: Explain the following statement: “The impact of weak system security is severe”
Weak system security can cause massive problems for an organisation. Holes in security can allow hackers to gain access to an organisations data or its customers’ personal information etc. Once this happens, drastic problems can be caused for the organisation; anything from severe loss of earnings, loss of customers or even bankruptcy if the problem is not taken under control quickly. I will talk about some of the products of having weak system security, and the problems that these can cause.
Loss of Earnings- Weak system security can result in loss of earnings due to the fact that possibly hundreds if not thousands of pounds will have to be spent for the company to hire someone to come and see where the weakness in the system is, and then to actually repair this weakness and ensure that there are no others now or in the future. In addition to this, it is not just the organisation itself that can feel the brunt of the impact of weak security. Employees whose responsibility it is to ensure that there are no weaknesses can also be hit hard. Generally, it is up to managers to ensure that there are no weaknesses in a systems security; or at least to reduce the risk of negative impact/damage on the company. This means that if there is a major weakness is found in the system of an organisation, managers could lose their jobs as a result of negligence etc. This then puts the managers in a situation where they are losing money, not just the company.
Loss of Customers- Weak system security can also result in the loss of customers as people will not want to use a business that has problems with their security as their personal details or information may be at risk. For example, if a bank has a weakness in its security, and this weakness is exploited by hackers; then customers’ information may be stolen and used to purchase goods under their name. This
Task: Explain the following statement: “The impact of weak system security is severe”
Weak system security can cause massive problems for an organisation. Holes in security can allow hackers to gain access to an organisations data or its customers’ personal information etc. Once this happens, drastic problems can be caused for the organisation; anything from severe loss of earnings, loss of customers or even bankruptcy if the problem is not taken under control quickly. I will talk about some of the products of having weak system security, and the problems that these can cause.
Loss of Earnings- Weak system security can result in loss of earnings due to the fact that possibly hundreds if not thousands of pounds will have to be spent for the company to hire someone to come and see where the weakness in the system is, and then to actually repair this weakness and ensure that there are no others now or in the future. In addition to this, it is not just the organisation itself that can feel the brunt of the impact of weak security. Employees whose responsibility it is to ensure that there are no weaknesses can also be hit hard. Generally, it is up to managers to ensure that there are no weaknesses in a systems security; or at least to reduce the risk of negative impact/damage on the company. This means that if there is a major weakness is found in the system of an organisation, managers could lose their jobs as a result of negligence etc. This then puts the managers in a situation where they are losing money, not just the company.
Loss of Customers- Weak system security can also result in the loss of customers as people will not want to use a business that has problems with their security as their personal details or information may be at risk. For example, if a bank has a weakness in its security, and this weakness is exploited by hackers; then customers’ information may be stolen and used to purchase goods under their name. This