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Hacker Hunters - Essay Example

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The paper "Hacker Hunters" describes that identity theft refers to the hacking of private data and personal information of the clients and customers of organizations, retailers, banks, companies and financial institutions, where the customers have their accounts and get involved into business transactions…
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Hacker Hunters
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Download file to see previous pages The contemporary era is the era of information technology, where fast and speedy flow of information is the key to success for the great brands and multinational organizations carrying vast business volume and sound corporate reputation at global level. The most meaningful way, Gates observes, to differentiate your company from your competitor, the best way to put distance between you and the crowd is to do an outstanding job with information and management. How you gather, manage, and use information will determine whether you win or loose. (1999: 2) Fast information technology provides the retailers a comprehensive, an accurate and detailed picture of the entire socioeconomic, cultural and corporate scenario. Since the well-reputed organizations undergo data stealing and accounts hacking dilemma at the hands of cyber criminals, they devise and review strategies and implement them in an affective way in order to protect their products and services from going into the hands of hackers and criminals. The big retailers seek support from the information technology in order to escape cyber crimes conducted by the hackers. In addition, executive information system and decision support systems are also applied by the big retailers to protect their data from hacking by cyber crimes including elevation of privileges, hoexes attacks, malicious coding and others.
Before articulating the plans to avoid hacking of data, the organizations should look into the nature of theft committed by the cyber criminals. The big organizations apply different strategies and techniques to avoid identity theft. They often make alterations in the data safety programs, so that the access to the data related to their sales and clients’ personal information could be made secure. Sales automation force (SAF) is also applied by the retailers where all the date related to the sales of their products is preserved and monitored regularly in an organized way, which indicates the level of sales as well as all the necessary information related to the product volume a client maintains at their institution on daily basis. When an organization offers its customers the ability to purchase products over the internet, it certainly looks for implementing the appropriate security. Transactional information technology and phishing methodology is exercised by the organizations and big retailers for the protection of their data and products. ...Download file to see next pagesRead More
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