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Date Submitted: 08/18/05
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The Need for Information Security in Today's Economy



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Description: The advancement of technology, the Internet, and information sharing has had both positive and negative impacts. One of the negative impacts was the large increase in new "information" threats. The number of threats and reported computer related incidents increased at a tremendous rate by the end of the 1990's, and into the 2000's. Many of the computer incidents exploited confidential information being stored by companies in a variety of different industries. The ability to carry out threats against information systems has been made easier due to the sharp increase in system vulnerabilities. Unauthorized access to confidential information was also the result of weak or non-existent information security practices. Not identifying and mitigating risks is a leading cause of unauthorized access and the exploitation of vulnerabilities.

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