Saturday, October 4, 2008

Importance of Information Security

Information security is always the first concern and requirement on network planning. It is important to any organization, business or even individual because it can prevent data theft, legal consequences and less productivity.

In business, preventing data theft is usually cite as the primary goal of information security because data theft can lead to the lost of business. A business can lose up to a few millions of dollars after an attack on information security or when the confidential information falls in the hand of competitor. In some countries it is against the law if businesses or organization failed to protect the privacy of electronic data.

In an attack of information security it can also affect the productivity of employees due to time and resources has been divert to the clean-up effort. Take a company with 500 employees as an example. If the time needed to clean-up and attack before it can go back to normal daily process is 2 days.

500 x 16 (Average of one employee working 8 hours a day) = 8000

If average per hour salary of each employee is $20

$20 x 8000 Hr = $ 160 000 lost on salaries.

This is only a very small portion on information attacks lost.In Information attacks lost which will also include the lost of reputation, trust between companies, legal consequences and the future business operation can totally bring down a business.

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