CyberSecurity, Compliance and Business Continuity | Assignment
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Added on 2020-04-01
CyberSecurity, Compliance and Business Continuity | Assignment
Added on 2020-04-01
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CyberSecurity and Business Continuity1CyberSecurity, Compliance, and Business ContinuityNameInstitutionDate
CyberSecurity and Business Continuity2AbstractInformation Technology is currently viewed as a core component that is vital for organizations to survive and thrive in the current quickly evolving, aggressive, business conditions. Today, the real estate sector is pondering various difficulties, for example, deficiencyof talented labor, heightening undertaking cost, delayed development period, absence of legitimate record-keeping methodologies, rivalry, loss of documents, duplication of information, ease back access to information and utilization of obsolete methods for breaking down and putting away information. Technology holds the way to address some of these issues, as well as aguarantee for the part to respond to the changing economic situations all the more successfully and productively (Sarsby, 2016). This examination intends to look at varieties in firms' reactions,and how expanding utilization of Information, Communication &Technology (ICT) impact on companies' operational and exercises that incorporate profitability, staffing structure, and prerequisites, selection of working practices, nature of client administration, and deals.Since 2010, harming cyber-attacks focusing private information, exchange privileged insights, and other protected information has intensified. Hacking and malware is a notorious method used by criminals and organized gangs to cause breaches to information systems. Cyberspies and offenders are responsible for massive financial loses around the globe ever year. Hacktivists steal proprietory information and disrupt normal business processes. An example is the versatile malware that was posted by cybercriminals on iTunes to bait clients into downloading maverick applications—which at that point spread from cell phones into corporate systems. This paper focuses on how powerless our networked infrastructure are to cyber-attacks. How governments in partnership with other players in the global stage try to achieve cyber-security and mitigate the impact caused by cyber-criminals.
CyberSecurity and Business Continuity3IntroductionThis paper is about cyber security and business continuity. Cybersecurity is the sum total of the processes, activities, and techniques put in place to ensure IT assets and information are kept safe from unauthorized access or modification by unauthorized users. Cybersecurity provides both logical and physical security of computer systems, networks and data. Business continuity is putting in place mechanisms to ensure continued operation of the firm in case there is a breach of the system. Business continuity may provide partial continuity of the critical systems in the event of an attack or even provide full functionality from the backup system put inplace. SWOT Analysis of RealEastate.com.auSWOT AnalysisOrganisation:RealEastate.com.auDate:28/09/2017Description of RealEstate.com.au ICT service:RealEstate.com.au is a real estate company found in Australia. RealEstate.com.au is a real estate company founded in 1995 and is owned and operated by REA Group with its headquarter in Melbourne, Australia. With an average three million visitors to their website, it is imperative for them to provide up to date ICT services to its customers to provide quality service and maintain a competitive edge over their competitors in the market (Sarsby, 2016).STRENGTHSStrong global presenceStrong asset basePrime locationWEAKNESSESNeed for market transparencyNon-compliance with international standardsOPPORTUNITIESGeographic expansionStrong high end apartment salesTHREATSChanges in real estate pricesFluctuating interest ratesProject completion delays
CyberSecurity and Business Continuity4Summary and Recommendations:RealEstate.com.au has various strengths that need maintaining to keep an edge over theircompetitors. They also have some weaknesses that need to be addressed so that they can improve their venture.Short Term (Now)Engage in more advertisements to market their company.Mid Term (next 12 months)Put in place expansion plans for their current location.Long Term (next 3 to 5 years)RealEastate.com.au need to invest in a new IT infrastructure that meets the global standards to map them on the world stage.Part (a): Acceptable IT use and governanceIT administration is the supervision, observing, and control of the association's IT resources (Pompon, 2016). The IT Governance Institute distributes Control Objectives for Information and Related Technology (COBIT), which many organizations use as their IT administration manage. The Sarbanes– Oxley Act requires that organizations give evidence that their budgetary applications and frameworks are controlled (secured) to confirm that fiscal reports can be trusted. This requires that IT security supervisors work with business chiefs to do a hazard appraisal to distinguish which frameworks rely upon specialized controls instead of on business process controls. To meet COBIT, IT frameworks ought to be founded on the accompanying three standards:Rule of financial use of assets: This guideline recognizes that the cost of infosec should be adjusted with its benefits. It's the fundamental cost/advantage rule that you're commonplace with. For instance, you wouldn't spend more to secure your auto, home, or another resource than they are worth. Because it's conceivable, for example, for organizations to set a little incentive onthe secret information of clients and businesses and in this manner maintain a strategic distance
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