Infodev-Security.Net

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Clearly, an outsourcing firm is in a position to do a tremendous amount of damage to your organization. Even if the outsourcing firm is completely honest and reasonably competent, if you trust them to perform a function and that function is performed inadequately, you may not discover that anything is wrong until months later when you suffer the consequences — and after your relationship with the firm is long over.

A second area to consider is the certification of transaction elements such as electronic signatures. Certification can add value to a transaction, depending on who or what provides the certification and on the elements that are being certified. Certification may be offered by a governmental entity, such as a post office, or a private entity, such as a bank. Each of these scenarios presents unique structural and governance issues.

The Computer Security Institute was established in 1974 as a multiservice organization dedicated to helping its members safeguard their electronic data processing resources. CSI sponsors workshops and conferences on security, publishes a research journal and a newsletter devoted to computer security, and serves as a clearinghouse for security information. The Institute offers many other services to members and the community on a for-profit basis. Of particular use is an annual Computer Security Buyer’s Guide that lists sources of software, literature, and security consulting.

• Your power company (and your past experience) can provide an estimate of the likelihood that your building would suffer a power outage during the next year. Officials may also be able to quantify the risk of an outage lasting a few seconds vs. the risk of an outage lasting minutes or hours.

Second, the Internet is a strong influence towards disintermediation, i.e. the elimination of intermediaries (middlemen) in business and administrative functions. One example is the drastic reduction in the number of secretaries employed in developed countries. The word processor and electronic mail have made it easier for people to compose, print, and send their own messages than to tell a secretary what to type. Similarly, the travel agent industry is currently shrinking, due to the public’s new ability to book air and rail tickets and hotel rooms on-line.

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