Here is the synopsis of our sample research paper on ECONOMICS AND INFORMATION SECURITY. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3-page paper discusses information security in terms of an economic perspective. Bibliography lists 1 source.
Page Count:
3 pages (~225 words per page)
File: D0_MTeconsecu.rtf
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Unformatted sample text from the term paper:
month that doesnt go by when some media report points out that a hacker was able to steal credit card numbers from a data file or funds (electronically) out of
a bank. The standard reaction to this scenario is for people to cry out for "the industry" to "do something." This is all well and good, but if were to
examine information security through an economic perspective, "doing something" would mean shutting down the whole flow of information. The point is, whenever there is information flowing over the Internet, there
will always be the chance that some hacker will be out there, ready to steal it, no matter how secure the system is.
We define economics as the study of how decisions are made between resources. In an economic sense, a person who goes shopping has the choice - either he/she can
buy a good and lose some money, or he/she can keep the money and forgo the good. Aspects such as marginal utility are part of what goes into the decision-making
process of buying a particular good (or not). How can this be tied to information security? What does security have to do
with the purchase of a good? Its fairly simple - there are two choices on the information security curve. Either so tightly protect a network that practically nothing gets through,
or allow an open network when almost anything gets through. Most people, needless to say, are not going to go to either extreme. But our answer to the economic perspective
on information security lies somewhere in the middle. When it comes to determining security, the user needs to decide how much information
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