Balancing Security and Privacy in Business

This assignment analyzes the complex relationship between security and privacy in the context of modern business practices. It examines government surveillance programs like PRISM, public opinion on security measures like CCTV cameras, and the trade-offs companies make between user data privacy and providing free services. The paper also explores the ethical implications of data collection, cyber security threats, and the subjective valuation of individual privacy versus collective safety.

Running head: BUSINESS INFORMATION SYSTEMS
Business Information Systems
Name of the Student
Name of the University
Author’s Note

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BUSINESS INFORMATION SYSTEMS
Table of Contents
Section3...........................................................................................................................................3
Section 4..........................................................................................................................................3
References........................................................................................................................................5

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BUSINESS INFORMATION SYSTEMS
Section3
The National Security Agency have initiated a program named as PRISM that include
debate on tradeoff between security and privacy. These programs have helped government in
stopping terrorism before happening (Fraserinstitute.org, 2018). According to survey,
surveillance is the best method for stopping terrorism. The opponents of the government have
reported that the surveillance bulk data collection have their individual rights. Privacy and
security issues have been related to surveillance of data and information.
The bulk of data create security issues for initiating terrorist activities. The landscape of
security concern related transportation infrastructure has been a public debate. CCTV cameras
have been an example of providing security in the airports ad other places. The PACT project
have focused on the security and privacy concern in context of travel (Schneier.com, 2018). The
PACT survey has been organized for understanding the public review related to privacy and
security concern using different methods. The tradeoff between security and privacy concerns
have helped in finding critical difference between security and privacy in the travel industry.
Section 4
People in the market are likely to attract towards free services provided to them. The
potential transaction between people and company have been derived from several convenience
and surveillance. Various people seem to attract towards data collection and online survey
method for gathering of data and information related to travel business (Patil et al., 2018). The
potential customers navigate between the security issues and find solution. Social media have
created various scenes related to positive and negative effect of technology in the market.

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BUSINESS INFORMATION SYSTEMS
Signing up in the social media requires no charges. However, it tracks behavior of the
user and target advertisements to make monetary profit from them. Data collection from online
sources might create some security issues regarding cyber-attacks and cyber bullying. The use of
cameras have helped in providing security to several critical areas in the airports. The
hypothetical workplace surveillance and home tracking system has been controlled by thermostat
companies in the market. People prioritize surveillance over privacy because surveillance creates
a sense of safety (LaFrance, 2018). Subjective costs involve the value that is included by keeping
loss margin in the services. It follows all local laws and regulations for maintaining proper
business in the market. Therefore, it becomes difficult for government for qualifying subjective
valuation of individual to reduce probability of security and privacy concern.

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BUSINESS INFORMATION SYSTEMS
References
Fraserinstitute.org. (2018). Cite a Website - Cite This For Me. [online] Available at:
https://www.fraserinstitute.org/sites/default/files/privacy-vs-security-does-a-trade-off-really-
exist.pdf [Accessed 11 Jan. 2018].
LaFrance, A. (2018). The Privacy Matrix. [online] The Atlantic. Available at:
https://www.theatlantic.com/technology/archive/2016/01/the-convenience-surveillance-
tradeoff/423891/ [Accessed 11 Jan. 2018].
Patil, S., Potoglou, D., Lu, H., Robinson, N. and Burge, P. (2018). Trade-off Across Privacy,
Security and Surveillance in the Case of Metro Travel in Europe. Available at: https://ac.els-
cdn.com/S2352146514000143/1-s2.0-S2352146514000143-main.pdf?_tid=9ac09c54-c5c8-
11e7-b196-00000aab0f6b&acdnat=1510285283_c73f7bfaf5a3df1197116bfed5a15b50
Schneier.com. (2018). Security vs. Privacy - Schneier on Security. [online] Available at:
https://www.schneier.com/blog/archives/2008/01/security_vs_pri.html [Accessed 11 Jan. 2018].