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Daniell S

Security risk found in new credit cards - Technology - International Herald Tribune - 1 views

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    In this article it talks about the idea of putting RFID, or Radio Frequency Identification technology into a credit card. This can be both a good thing and a bad thing. It would be a good thing because it would totally change the way a business could work. It would decrease the amount of time a person spends in a store. A person could simply walk in and out of the supermarket with the items they wanted and the amount of money would be charged directly to the persons credit card. However, this could result in an increase in credit card abuse. with RFID technology the signal could be picked up by any radio frequency. This can result in identity theft, and credit card fraud. This is a a violation of the social and ethical issue Security. The stakeholders in this situation would be the credit card users, and the companies issuing the credit card. The users would become angered that their credit cards could be maxed out without them using it more than once and the companies could be sued for each credit card they issued.
Daniell S

Data Security Is No Longer an Option - 0 views

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    This article starts off with the actions of a small travel site. This article speaks of the price they had to pay to upgrade the security. This company has to make big changes to their security in order to do business with larger companies. In this situation there are both positive and negative impacts. One big negative impact is the price to pay for this upgrade in security. In order to be on par with the security of higher level businesses smaller businesses have to pay large amounts of money to gain this security. This would require a lot of faith in the big businesses from the smaller business. As said in the article "The connection, and everything transmitted over it - financial, customer and product data - has to be secure and out of the reach of hackers, cyber thieves and even disgruntled employees." This shows how secure the website has to be. This is so that bigger companies can trust the smaller companies to handle business. However, through this impact can come a positive one. By having security equal to those of bigger businesses customers will have an easier time trusting the company. Another issue that comes up is reliability. A question that can be asked is whether or not the security is strong enough against hackers? This would give customers right to question whether or not this website would be trustworthy or not. In this situation the important stakeholders would be the bigger businesses and the smaller businesses. In order to do business both companies need to have the same level security. This would require one or both companies to upgrade their systems greatly to be on par with each other. Another important stakeholder would be the customer. The customer would need to know whether or not they could use the website without worrying too much about being hacked. If the customer knew the security was stable it would make them more comfortable about using it.
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