Security Analysis in Practice
Security isk-Analysis in Practice
Speech
The purpose of this work is to write a speech in relation to "Security Analysis in Practice' and to identify the most common theoretical basis or foundation of the models used by practitioners. Secondly this work will identify the types of practical adjustments financial analysts might consider in order to arrive at a more accurate security valuations.
Speech
The subject that is in focus today is Investment Securities isk Analysis. It is important that each individual in this sector of the business-finance world understand the importance of preceding any investment security purchases with management analyzing and then making a determination that the investment meets the applicable regulatory and policy requirements
Policy equirements
Those policy requirements will be inclusive of:
(1) First is CF 560.60 which is the legal citation of the Commercial paper and Corporate Debt Securities egulations.
(2) Secondly are the regulations found in 12 CF 560.43, which are…...
mlaReferences
1. NIST. Special Publication 800-30, "Risk Management Guide for Information Technology Systems." Chapters 2 and 3. For more information, visit www.niap.nist.gov.
2. Amatayakul, Margret. "Security Risk Analysis and Management: an Overview (AHIMA Practice Brief)." Journal of AHIMA 74, no.9 (October 2003): 72A-G.
3. Dzikevicius, Audrius (2004) A Comparative Analysis of Some Risk Adjustment Rules May 2004 Online available at: yXpxcMJ:www.unibg.it/static_content/ricerca/dipartimento_matematica/eumoptfin3_abstract/Dzikevicius.pdf+Risk+analysis:+practical+adjustments+financial+analyst& hl=enhttp://72.14.207.104/search?q=cache:3zqm4
4. Riccobono, Richard M. (2000) Office of Thrift supervision: Underwriting the Purchase of Investment Securities Online available at: http://www.ots.treas.gov/docs/r.cfm?25130.pdf .
security risks associated with mobile banking?
When it comes to mobile banking, the most significant security risk is being hacked. People do occasionally try to hack into bank computers, but it is often easier to hack wireless devices and networks. When a person does his or her banking on a mobile device, the potential for people to be able to hack into it is greater than it would be on a more secure device, such as a home computer. Additionally, the places where mobile devices are used makes them vulnerable when it comes to banking. For example, using a mobile device at home on your personal network with password protection is a relatively safe thing to do. Using a mobile device on an open Wi-Fi connection in the local coffee shop is much more dangerous, because these types of networks are not protected and it is easier for people to…...
Growth Without Jobs
During the Cold War, poverty in the developing world was deemed to be a critical issue for the developed world because of the perceived (and likely very real link) between poverty and economic radicalism. However, in the wake of the demise of the Cold War, the goal of abolishing poverty seems to have abated. The divide between the haves and the have-nots has been exacerbated worldwide. Part of this is due to changes in regulatory structures which effectively cheapen the price of labor: "as part of economic restructuring and liberalization, there has been a fair amount of deregulation, particularly of financial and labour markets. Deregulation of labour markets is associated with the rise of informalization or 'flexible' labour markets. It should be noted that workers are caught between two contradictory trends: rapid flexibilization of the employment relationship (making it easy for employers to contract and expand their workforce…...
The same does apply to security metrics such that these metrics establish the performance within the organization and the effectiveness of the organization's security.
The purpose of Risk Analysis is to spot and find security risks in the current framework and to resolve the risk exposure identified by the risk analysis. The type of security risk assessment for an organization is a function of a number of available assessments. However, the most important security protocol is to protect the organizations assets. Therefore, the most important security risk assessment for this purpose is the penetration testing proceeded by the vulnerability scan (Landoll, 2006). Protection of assets is of primary concern. Assets include both physical and non-physical assets. Non-physical assets are defined as assets that are not tangible. The Security Audit is indeed imperative, as is the Ad Hoc testing and Social Engineering test.
Annotated ibliography
Campbell, G. (2010, What's state-of-the-art in security metrics?…...
mlaBibliography
Campbell, G. (2010, What's state-of-the-art in security metrics? Security Technology Executive, 20(9), 19-19. Retrieved from http://search.proquest.com/docview/823012983?accountid=13044
Campbell (2010) delves into the newest technologies currently used in security technology. Contract security guards, he contests, account for more than $16 billion in the United States, employing more than public law enforcement. Campbell proposes musing metrics developed for the senior management team as well as providing a methodology on how to determine a particular metrics application.
Institute For Security And Open Methodologies (ISECOM) Security Metrics -- Attack Surface Metrics.
The ISECOM provides information regarding the rav and its application as a metric in security protection. The attack surface metric aspect is the focus of the metrics developed and is the specific activity of the rav.
Security Measures
The hotel industry has experienced the need to enhance security of guests in the recent past given the increased security threats/attacks in the modern business environment. The increased focus on enhancing security in the hotel industry has represented a major shift from the serious neglect of various security responsibilities that characterized this industry in the past. According to Fischer, Halibozek & Walters (2013), hotel managers, particularly security managers, are faced with the need to enhance their security measures because of the numerous safety concerns in this sector such as potential terrorist attacks. In light of modern security concerns, there is need to adopt a comprehensive approach towards improving hotel security. This paper provides a plan for improving hotel security during ground breaking, grand opening, and across daily operations. The discussion is based on plans to construct the newly approved John Jay Hotel on 59th Street in New York City.
Security…...
mlaReferences
Bennett, F.L. (2007). The management of construction: a project lifecycle approach. Third Avenue, NY: Taylor & Francis Group.
Fischer, R.J., Halibozek, E.P. & Walters, D.C. (2013). Introduction to security (9th ed.). Waltham, MA: Butterworth-Heinemann.
Heibutzki, R. (n.d.). Safety and Security Tips for Hotel Management. Retrieved June 28, 2017, from http://work.chron.com/safety-security-tips-hotel-management-7983.html
National Counter Terrorism Security Office. (n.d.). Counter Terrorism Protective Security Advice for Hotels and Restaurants. Retrieved from Association of Chief Police Officers website: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/374923/Hotels_Restaurants_Reviewed.pdf
To offer an information security awareness training curriculum framework to promote consistency across government (15).
Security awareness is needed to ensure the overall security of the information infrastructure. Security awareness programs is the can help organizations communicate their security information policies, as well as tips for users, to help keep systems secure, and the practices the entire organization should be utilizing. However, as Kolb and Abdullah reiterate, "security awareness is not about training but rather designed to change employee behavior" (105).
A program concerning security awareness should work in conjunction with the information technology software and hardware JCS utilizes. In this way, it mitigates the risks and threats to the organization. Security awareness is a defensive layer to the information system's overall security structure. Although not a training program, per se, security awareness does provide education to the end users at JCS, regarding the information security threats the organization faces, and the…...
mlaReferences
"An Introduction to Computer Security: The NIST Handbook." National Institute of Standards and Technology, SP 800-12, (Oct 1995). Web. 24 Oct 2010.
Anti-virus Guidelines. The SANS Institute, 2006. Web. 24 Oct, 2010.
Culnan, M., Foxman, E., & Ray, A. "Why IT Executives Should Help Employees Secure their Home Computers." MIS Quarterly Executive 7.1 (2008): 49-56. Print.
Desktop Security Policies. The SANS Institute, 2006. Web. 24 Oct, 2010.
Security eport
In the present day, organizations are reliant on information in order to continue being relevant and not become obsolete. To be specific, organizations are reliant on the controls and systems that have been instituted in place, which provide the continuing privacy, veracity, and accessibility of their data and information (Lomprey, 2008). There is an increase and rise in threats to information contained within organizations and information systems (Lomprey, 2008). There is also a rise in the intricacy of such systems and information, which places emphasis on the importance for organizations to understand and gain an understanding of how to better safeguard their information as well as information systems. As stated by Briggs (2005), globalization has instigated the world to become a global village. This, in turn, has increased the level of complexity and intricacy of the information security aspect of the organizations across the world. There is greater need…...
mlaReferences
Alfawaz, S. M. (2011). Information security management: a case study of an information security culture (Doctoral dissertation, Queensland University of Technology).
Ashenden, D. (2008). Information Security management: A human challenge? Information security technical report, 13(4), 195-201.
Briggs, R. (2005). Joining Forces From national security to networked security. DEMOS.
Chang, S. E., Ho, C. B. (2006). Organizational factors to the effectiveness of implementing information security management. Industrial Management and Data Systems, 106 (3): 345-361.
The most appropriate products that could be used by MMC to achieve this objective would be: IP San and a Snap Lock. An IP San is a fiber optic channel that can provide secure real time data to each location. Where, software and security applications can be adapted to the current system that is being used. The Snap Lock is: a security software that can be used to provide an effective way for each location to retrieve, update and change information.
Support for why these procedures and products are the optimal approach for this organization
The reason why these different procedures and products were selected was: to reduce the overall risk exposure of the company's external threats. The current system that is being used by MMC increases risks dramatically, by having a number of different systems, where financial information is stored. If any one of these systems is vulnerable, there is…...
mlaBibliography
IP San (2010). Retrieved May 27, 2010 from Net App website: http://www.netapp.com/us/products/protocols/ip-san/ip-san.html
Snap Lock Compliance and Snap Lock Enterprise Software. (2010). Retrieved May 27, 2010 from Net App website: http://www.netapp.com/us/products/protection-software/snaplock.html
Mason, J. (2010). How to Bullet Proof Your DR Plan. Retrieved May 27, 2010 from Net App website: http://www.netapp.com/us/communities/tech-ontap/tot-data-recovery-plan-0908.html
Security Plan: Pixel Inc.
About Pixel Inc.
We are a 100-person strong business dedicated to the production of media, most specifically short animations, for advertising clients worldwide. Our personnel include marketing specialists, visual designers, video editors, and other creative staff.
This security plan encompasses the general and pragmatic characteristics of the security risks expected for our business and the specific actions that aim to, first and foremost, minimize such risks, and, if that's not possible, mitigate any damage should a breach in security happen.
Scope
The measures to be taken and the assigned responsibilities stated in this document apply to all the departments that make up the company. Exemptions can be given but will be only under the prerogative of the CEO under the consultation of the Chief Security Officer that will be formally assigned after the finalization of this document. Otherwise, there will be no exception to the security measures stated in this document.
Section…...
mlaBibliography
Internet Securit Alliance. (2004). Common sense guide to cyber security for small businesses. Retrieved from: http://www.ready.gov/business/_downloads/CSG-small-business.pdf .
Microsoft. (2004). Step-by-step guide to securing Windows XP Professional in Small Businesses. Retrieved from: http://www.microsoft.com/downloads/en/details.aspx?FamilyID=9faba6ed-2e9c-44f9-bc50-d43d57e17078 .
Noriega, L. (24 May 2011). Seven Cyber Security Basics Every Small Business Needs. Retrieved from: http://www.openforum.com/articles/7-cyber-security-basics-every-small-business-needs .
Teixeira, R. (4 June 2007). Top Five Small Business Internet Securit Threats. Retrieved from: http://smallbiztrends.com/2007/06/top-five-small-business-internet-security-threats.html .
Both types -- qualitative and quantitative -- have their advantages and disadvantages. One of the most well-known of the quantitative risk metrics is that that deals with calculation of annual loss expectancy (ALE) (Bojanc & Jerman-Blazoc, 2008). ALE calculation determines the monetary loss associated form a single occurrence of the risk (popularly known as the single loss exposure (SLE)). The SLE is a monetary amount that is assigned to a single event that represents the amount that the organizations will potentiality lose when threatened. For intangible assets, this amount can be quite difficult to assess.
The SLE is calculated by multiplying the monetary value of the asset (AV) with the exposure factor (EF). The EF represents the percentage of loss that a threat can have on a particular asset. The equation, therefore, is thus: SLE=AV*EF. Applying this practically, if the AV of an e-commerce web server is $50,000 and a…...
mlaReference
Bojanc, R. & Jerman-Blazoc, B. (2008), An economic modelling approach to information security risk management. International Journal of Information Management 28 (2008) 413 -- 422
Chowdhary, A., & Mezzeapelle, M.A. (n.d.) Inforamtion Security metrics. Hewlett Packard.
Pedro, G.L., & Ashutosh, S. (2010). An approach to quantitatively measure Information security 3rd India Software Engineering Conference, Mysore, 25-27
Most developed economies, however, allow the market to set exchange rates, only influencing currency values through indirect means such as the increased or reduced sale of bonds to foreign entities and individuals, or through other means of international wealth exchange. Essentially, all manipulations of exchange rates and actions based on predictions of exchange rates are focused on the forward exchange rate, or the predicted rate of exchange between two currencies at a future point in time.
The spot exchange rate, on the other hand, is the rate of exchange at the current moment in time. It is through a comparison of the spot rate and the forward rate of exchange -- inasmuch as it can be predicted with any accuracy -- that companies and businesses make decisions that affect either the exchange rate itself (in the case of some governments, notably China in the modern period), or more often make…...
mlaReferences
Christofferson, Peter F. Elements of Financial Risk Management. San Diego: Elsevier Sciences, 2003.
Comptroller of the Currency Administrator of National Banks. Interest Rate Risks. 1997. Accessed 19 March 2010. http://www.occ.treas.gov/handbook/irr.pdf
Cusatis, Patrick and Martin R. Thomas. Hedging Instruments and Risk Management. New York: McGraw Hill, 2005.
Dun & Bradstreet. Financial Risk Management. New Delhi: McGraw Hill, 2008.
Phishing Spea Phishing and Phaming
The following is intended to povide a vey bief oveview of examples of some the most dangeous and pevasive secuity isks in the online and netwoked wold. One of the most insidious of identity theft is known as phishing. The tem 'phishing' efes to the pactice of "fishing fo infomation." This tem was oiginally used to descibe "phishing" fo cedit cad numbes and othe sensitive infomation that can be used by the ciminal. Phishing attacks use "…spoofed emails and faudulent websites to deceive ecipients into divulging pesonal financial data, such as cedit cad numbes, account usenames and passwods, social secuity numbes etc." (All about Phishing) . Thompson ( 2006) clealy outlines the basics of a phishing attack.
A typical phishing sends out millions of faudulent e-mail messages that appea to come fom popula Web sites that most uses tust, such as eBay, Citibank, AOL, Micosoft and the…...
mlareferences the CISA Review Manual, 2006.
Thompson, S.C. (2006). Phight Phraud: Steps to Protect against Phishing. Journal of Accountancy, 201(2).
This study by Thompson provides some significant aspects that the business owner and customers in online commerce should pay attention to. These include basic but important aspect that should include in e-training; for example, never e-mail personal or financial information or never to respond to requests for personal information in e-mails. This provides useful background to the issue of risk identification and is also related management of this threat.
Wetzel R. ( 2005) Tackling Phishing: It's a Never-Ending Struggle, but the Anti-Fraud Arsenal Continues to Grow. Business Communications Review, 35, 46+.
This study A sheds light on the implications in term of the costs of identity fraud to financial institutions. The study underscores the severity of the vulnerabilities faced by today's organizations in the online world. The author refers to the obvious cost to intuitions like banks and also discusses hidden costs that relate to the erosion of customer confidence as a result of ID theft.
Small usiness' Need for a CPA
One of the critical investments a small business can make to mitigate loss and risk is hiring a CPA and putting that CPA on the 'management team.' As Wells notes in his groundbreaking research, "Denise, a bookkeeper for a small trucking firm in irmingham, Alabama, wishes she had never heard of Ralph Summerford, CPA. ecause of his thoroughness, Denise is facing several years in prison for embezzling $550,000 from her employer. At least she will look good standing before the sentencing judge: Denise spent a great deal of her illegal loot on head-to-toe cosmetic surgery. She blew the rest on a shiny new Lexus, luxury vacations, clothing and jewelry. And, of course, Denise had to have a big house to store all of her finery." (Wells, 2003)
Surprisingly, it was not at all the fancy standard of living that made her employer suspicious. "The owner was…...
mlaBibliography
Wells, Joseph. 2003. Protect small business: small companies without adequate internal controls need CPAs to help them minimize fraud risk. Journal of Accountancy.
Small Business Administration. 2005. www.sba.gov.
Federal Reserve Bank. 2004. www.federalreserve.gov.
AICPA. 2005. At www.aicpa.org/antifraud/training/homepage/htm.
Security Failures and Preventive Measures
Summary of the Case
The Sequential Label and Supply company is a manufacturer and supplier of labels as well as distributor of other stationary items used along with labels. This company is shown to be growing fast and is becoming highly dependent on IT systems to maintain their high end inventory as well as the functioning of their department.
The case started with the inception of a troubled employee who called up the helpdesk agent to resolve the issue he is facing. Likewise, other employees start calling in to launch similar complaints. Later, the technical support help desk employee, while checking her daily emails, accidentally opened an untrusted source file sent from a known work colleague. This led to a number of immediate problems in her network computer which led to her being not able to access the information over the network and the call management software that…...
mlaReferences
Baker, W. (2007). Is information security under control?: Investigating quality in information security management, Security & Privacy, retrieved October 14, 2011 from http://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=4085592
Chapin, D. (2005). How can security be measured, information systems control journal, retrieved October 14, 2011 from http://naijaskill.com/cisa2006/articles/v2-05p43-47.pdf
McAdams, A. (2004). Security and risk management: a fundamental business issue: all organizations must focus on the management issues of security, including organizational structures, & #8230;, Information Management Journal, retrieved October 14, 2011 from http://www.freepatentsonline.com/article/Information-Management-Journal/119570070.html
eference
Zeltser, L. (September 2011). Social Networking Safety. OUCH! The Monthly Security Awareness Newsletter for Computer Users. etrieved September 18, 2011 from http://www.securingthehuman.org/newsletters/ouch/issues/OUCH-201109_en.pdf
eply 3:
The SpyEye Hacking Toolkit ingeniously is being promoted online as an Android application that will guard against exactly what it does, which is steal online logins and passwords. What makes this application so state-of-the-art and unique is that it uses an Android client application on smart phones and other devices running the operating system to transmit data to the command and control (C2) server. The hackers then have the ability to capture logins and passwords and without the user's knowledge, transmit them to the server completely independent of any action taken by the user (Keizer, 2011). While this threat is most predominant in Europe and Australia, the potential exists for it to become global in scope within days due to the pervasive distribution of Android applications. As the…...
mlaReference:
Keizer, G. (2011, September 13). SpyEye hacking kit adds Android infection to bag of tricks. Computerworld. Retrieved from: http://www.computerworld.com/s/article/9219963/SpyEye_hacking_kit_adds_Android_infection_to_bag_of_tricks
Cloud computing is the wave of the future because of the advantages it offers over having storage at each specific location. However, that does not mean that cloud computing is without some significant challenges. Any essay focusing on cloud computing needs to make sure and examine both strengths and weaknesses of the model. In fact, the example outline that we have included takes a strengths and weaknesses approach.
Essay Topics on Cloud Computing
1. The importance of data governance in healthcare IT systems.
2. The role of data governance in ensuring patient privacy and confidentiality in health IT.
3. Challenges and solutions in implementing effective data governance strategies in healthcare organizations.
4. The impact of data governance on improving healthcare outcomes and patient care.
5. The role of data governance in ensuring data quality and integrity in health IT systems.
6. Ethical considerations in data governance for health IT data.
7. The role of data governance in facilitating interoperability and data sharing in healthcare.
8. The impact of data governance on healthcare analytics and predictive modeling.
9. Strategies for building a....
1. The benefits and challenges of implementing a cloud computing strategy in a small business
2. The impact of cloud computing on data security and privacy
3. The role of cloud computing in enabling remote work and collaboration
4. The environmental implications of cloud computing and its potential to reduce carbon emissions
5. The future of cloud computing: emerging trends and technologies
6. The impact of cloud computing on traditional IT infrastructure and job roles
7. The legal and regulatory considerations of using cloud computing services
8. The role of artificial intelligence and machine learning in optimizing cloud computing resources
9. The potential for cloud computing to revolutionize....
Introduction
Cloud computing has revolutionized the way businesses and individuals store, access, and process data. With its vast range of capabilities and benefits, cloud computing has become an integral part of modern technology. This essay topic generator provides a comprehensive list of thought-provoking topics related to cloud computing, covering its technical foundation, applications, security implications, and future prospects.
Technical Foundation of Cloud Computing
The Evolution of Cloud Computing: Trace the historical development of cloud computing from its inception to present-day advancements.
Cloud Computing Architecture: Explain the layered architecture of cloud computing, including infrastructure, platform, and software as a service (IaaS, PaaS, SaaS).
....
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