Security Issues of Information System

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Security Issues of Information System

What is Information System

Information System can be any organized combination of people, hardware, software, communications networks, and data resources that stores and retrieves, transforms, and disseminates information in an organization. An information system is an example of both a technical and social system. It is a technical system in that it may contain a large number of machinery but it is also a social system that it may reflect in the way it is used the social structure of an organization. For example an information system not only exists to record transactions but also it is used to provide summary information to senior management to assess whether the organization is following its long-term strategic objectives.
Internal users of Information
It includes
1. Board of the company or the equivalent of a board in other organization.
2. Directors with functional responsibilities.
3. Divisional general managers.
4. Divisional heads.
5. Departmental heads.
6. Section leader or fore men.

By function classification: -
1. Marketing.
2. Finance.
3. Administration.
4. Production.
5. Technical.
6. Personnel.
7. Research.

what is Security Issues of Information System

Governments, military, financial institutions, hospitals, and private businesses have a great deal of confidential information about their employees, customers, products, research, and financial status. Most of this information is now collected, processed and stored on electronic computers and transmitted across networks to other computers. Should confidential information about a businesses customers or finances or new product line fall into the hands of a competitor, such a breach of security could lead to lost business, law suits or even bankruptcy of the business.
Since March 2008 some people had fraudulently withdrawn Rs20 million from automated-teller machines (ATMs)of National Bank Of Pakistan in Multan, the Federal Investigation Agency believes that the bank’s online money providing system has been "hacked".
According to Information Security magazine, since 1998 about 20 percent of the surveyed financial institutions have suffered disruptions of their information and network systems. Similar findings have been confirmed by the 1999 Computer Crime and Security Survey conducted by San Francisco-based Computer Security Institute and the Computer Intrusion Squad of the U.S. Federal Bureau of Investigation. This initiative revealed that more than 50 percent of the surveyed companies had their networks violated through their Internet connections. Nonetheless, the most troublesome aspect of this rise in computer crime is its global reach, especially for an online financial institution that aims to offer its products and services to clients worldwide. In the final report of Project Trawler, the National Criminal Intelligence Service, the central intelligence body of the various English regional police forces, has indicated an exponential growth of computer crime in the United Kingdom. The perpetrators of these security breaches may be classified in two categories
1 External Agents
2 Insiders

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