Entry #3

When individuals trust companies with their personal information, they expect that their network security is Confidential, Integral, and Available so that individuals can trust that their information is safe. But there are also some issues that are noticed when companies do store individuals’ data. One issue is the privacy and confidentiality of the individuals’ data. Individual’s data may contain information for credit cards, social security numbers, account passwords, and PIN numbers. Since the data stores such sensitive information, it is important that the company makes sure that only the individual that should access that information is authorized to view it and not other individuals that are unauthorized to view such sensitive information. In order to make sure that only the authorized user accesses their information, information security management teams should establish safeguards and access controls like password-protection, encryption, and two-factor authentication systems to ensure the safety of individuals’ data. Another issue is security breaches. Security breaches can be dangerous toward a company storing individuals’ data. Certain vulnerabilities in a companies’ network system can be entrances, which lead to a cyber-attack that can access sensitive data. If sensitive data toward individuals is accessed, then problems of identity theft and financial fraud arise, which could jeopardize the future of an individual and the future of the company. Information security teams must have defense plans in place in order to ensure that the hacker initiating the cyberattack is incapable of obtaining data. System implementation is another issue that arises. It’s important for companies to properly implement a storage system that the users and organization can agree on. Also, companies should communicate with the consumers about their data. Data inaccuracies are another issue. Companies can sometimes experience errors while working. This can be dangerous as the errors can lead to incorrect data being input into the system. Companies should carefully put in individuals’ data and check for inaccuracies so that sensitive information doesn’t get mixed up between users.

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