Information Security, The New Niche
{LANG_NAVORIGIN} Security Management
By: Philip Buckley, 10/12/2004
Introduction
Information is now not being stored in hardcopy format in boxes upon boxes of paper and kept in light and humidity controlled rooms somewhere beneath the earth. It is now being stored on a digital medium, with the medium being optical or magnetic. This new digital medium poses a risk because it makes the data that is held on these disks much more accessible for all the good and bad reasons. The good reasons far overwhelm the bad reasons this is why we have arrived at the digital age where everything is being stored digitally. The big problem is the risk that we face with so
much data being stored on a digital medium that it cannot be
ignored. Digital data is being stored at every level of
society so the threat of that data being compromised
corrupted or falling into the wrong hands is a greater
societal problem. Hence, information technology
companies are seeing this need or market demand for
information assurance and are aligning or transforming
themselves into information security
companies.
Background
The internet is the main purveyor of this security
threat, there is no doubt we are inundated with the
latest news of worms, viruses, hacking ethical or
malicious, information warfare that originate from the
internet. This problem does not stop at the internet
and its users. This risk exists on any computer network
or any computer that will be connected to a network, be
that network wired or wireless. The insecurity of the
information network is made so because the backbone
structures and protocols that made it are insecure.
The internet is based on TCP/IP (Transmission Control
Protocol / Internet Protocol). This is the protocol
that almost all of the computers in the world use to
communicate with each other. The TCP/IP protocol is
world wide open source and widely understood; therefore
it is easily manipulated and used for wrong purposes,
which may lead to hacking and virus writers. The protocol
itself was written with the transmission of data in
mind. It is a very good protocol for its intended
purposes. Its intended purpose was not to deliver
information securely but reliably making sure whatever
was sent was delivered correctly. Therefore, the
authenticity of the sender or receiver is not
accounted for by the protocol. Email is the best known
application on the internet and it uses SMTP (Simple
Mail Transport Protocol) to send mail. SMTP is one of
the most insecure protocols. It was built around with a focus on being fast rather than secure. Almost every security
measure that is implemented today is in the form of
patches or upgrades to these old protocols to get them
to some security level. However, security management
is an on going practice, and for the foreseeable future
an ongoing complex practice. The first
known use of the word worm in the computer lexicon was in 1979. It
was used by engineers at Xerox PARC (Palo Alto
Research Center). They wrote a short program to search
the network for idle computers with the idea of using
these computers more efficiently. This has now become
the modern day computer virus that corrupts or erases
data/information on our digital storage devices. There
are older forms of network tampering. In the 1970s
onwards there were “phone freaks” or “phreakers” who
are persons who use tone generators to make free
telephone calls. This was not very wide spread and
could be tracked by the telephone company if the
practice was repeated. However, in 1999 and 2001 there
was the infamous Melissa and Code Red virus. Melissa
virus infected thousands of computers at an alarming
rate. This caused an estimated $80 million of damage
and prompted record sales of anti-virus software. The
Code Red virus was even worse; this infected ten of
thousands of computers and caused an estimated $2
billion in damages. However, Code Red had a twist to
it that was not seen before. The infected computers
were programmed to attack the White House web site at
a pre-determined date in the hopes of bringing the web
site offline. This gave viruses a very public stage
and notoriety.
Market Overview
The market for information assurance affects every
person or entity that owns a computer. The rapid
growth of the internet and its massive network puts data and information sent or stored across its
infrastructure at risk. Information warfare and Cyber
terror has been added to our every day language. The
market of information assurance can be split across
three different segments, hardware, software,
and consultancy. Not every company will have the
resources to implement a complete or thorough security
solution, because most of the technology itself is
cutting edge and is not widely understood. Also there
are needs for consolidation and standardization in the
industry to bring it to the point where consultancy
fees can be reduced. Since the late 1990s companies saw the successes of the internet and wanted to
provide their services online. However, these security
threats endanger the relationship of trust that is so
vital among trading partners, online retailers, and consumers. This also includes the government sector. With
every level of government having plans to offer their
services online. It all comes under the e-Government
initiative.
“In a research recently carried out by IDC, the market
for security-related hardware, software, and services
will continue to record a healthy growth rate, in
spite of the slowdown experienced by the overall IT
sector the profits are expected to grow from just $17
billion in 2001 to $45 billion in 2006. Experts
believe that the proliferation and widespread use of
remote LAN, Internet, extranet/intranet, and wireless
access services in the corporate sector is responsible
for this stupendous growth. Furthermore, IDC foresees
the global market for information security services to
reach US$21 billion by the end of 2005, up from US$6.7
billion in 2002. The biggest spender in this sector is
expected to be the financial sector, accounting for
US$2.2 billion spent on information security services
in 2005, growing from the US$848 million spent last
year. Apart from the usual segments of the market, the
small businesses are the surprise contributors
recording the highest and the rapidest growth rate
since last year. The extent of the concerns over
security of information can be gauged from the
recently passed laws in America as well as the U.K.
that make electronic signatures in online transactions
legitimately viable.”
The federal government is one of the nation’s biggest
employers and spenders. The government is looking to
upgrade its infrastructure to make it more secure from
the everyday treat of terrorism. Department of
Homeland Security has a budget of $40.2 billion for
fiscal year 2005. This is an increase of 10 percent
above the 2004 budget. This shows the commitment and
continuing priority placed on Homeland Security in
requesting new government-wide discretionary resources
for fiscal year 2005 of $30 billion. This is an
increase of 9.7 percent above the comparable fiscal
year 2004.
These market forecasts make Information Security a
very large market and young market with willing
buyers. The most lucrative side of this sector appears
to be providing IT consulting security services. This
is very obvious with the big accounting firms such as
Ernst & Young, PricewaterhouseCoopers, KPMG and
Deloitte & Touché which are renowned for their
shrewdness with information; are joining the IT
consulting field providing information assurance
services. These accounting firms are joining a field
which is already crowded with IT consultant heavy
hitters such as Accenture and IBM. This is the case when
technology is cutting edge and companies need
consulting services to help integrate the new
technology in their existing business. However, its
market size is expected to decrease overtime as the
technology matures. The hardware sector of the market
is expected to grow but not as fast as the software
segment, or have as high of a turnover rate. Also customers
tend to have a longer life cycle for upgrade or
replacing hardware equipment. The software segment is
expected to be the fastest growing segment. According
to Gartner Dataquest “The security software market,
which grew 10 percent to in 2001, is forecast to reach
$4.8 billion, growing at a compound annual growth rate
(CAGR) of 8.9 percent in 2006.” Case in point
Accenture was awarded a $10 billion contract to
provide security at the nation’s borders. Accenture
beat out long time government contractor Lockheed
Martin. This one contract is wrapped up with all of the
facets of information security. Figure 1 and table 1
shows the worldwide total software market growth that
is expected until year 2006.
Figure 1: Total Worldwide Security Software Market
Revenue History and Forecast by Segment
Source: Gartner Dataquest (December 2002)
Table 1: Total Worldwide Security Software Market
Revenue History and Forecast by Segment
Source: Gartner Dataquest (December 2002)
Market Segments
Antivirus
Antivirus makes up the largest segment of the market
because of its maturity level. It is expected to grow
at 11% rate over the next few years according to
Gartner Dataquest see table 1. The public is now educated about the needs for antivirus software.
Antivirus technology is a reactive technology, meaning
that the virus has to exist before a cure can be found
most often the antivirus software has to be updated
with known viruses’ lists before it can detect a new
virus. The antivirus software segment accounted for
nearly 35 percent of the security software market in
2001, which included products such as Symantec's Norton
Antivirus and Network Associates' McAfee VirusScan.
There are smaller player such as PC-cillin and
BitDefender. Microsoft is also slated to enter this
market in 2004 and is expected to have a dominating
position because of its monopoly on the desktop.
However, there is room for the market to grow. The consumer buying segment has only penetrated 50 percent of the world's consumer awareness. Also, there are untapped computing device markets that will
be in need of antivirus software such as the growing
PDA (Personal Digital Assistant) and Linux operating
system markets. Overall, the antivirus software
segment is expected to show solid growth but lose
share during the next few years, as areas such as IDS
(Intrusion Detection Systems) and encryption, grow
more rapidly and make up larger parts of the total
market.
Encryption
Encryption Technologies represent the future of the
security industry. This is one of the most cutting edge
technology segments. Encryption is defined by
www.encarta.com as
“computing to convert computer data and messages to
something incomprehensible by means of a key, so that
it can be reconverted only by an authorized recipient
holding the matching key.” In the encryption algorithm,
authenticity of the sender and the receiver are
verified. When encryption schemes and methods are
properly applied, it can provide a secure
communication channel even when the underlying system
and network infrastructure are not secure. Encryption
is a necessity when data passes through shared systems
or network segments such as the internet, where
multiple people may have access to the information. In
these situations, sensitive data such as passwords,
personal information, and government information should
be encrypted in order to protect it from unintended
disclosure or modification. Encryption can help to
protect data authenticity, protect data integrity, prevent
disclosure, and void data replication. Encryptions
biggest market potential is the market of DRM (Digital
Rights Management) and email encryption. Email is
arguably the most used application on the internet, but
unfortunately this modern day form of communication is
not private. Encryption technology like s/Mime (Secure
Multipurpose Internet Mail Extension) and PGP (Pretty
Good Privacy) are leading contenders for secure mail
transfers. There are only two email software programs that are
supporting s/Mime; Microsoft and Netscape. PGP right
now is used mostly in the open source community. This
form of email communication has to be wide spread
before it can be effective. There are currently no
standards to follow and it involves complex setup. It
also requires action on both the senders and recipient part,
so they are not widely used. Encryption technology
ranges from certificates, VPN (Virtual Private
Network), to secure token.
VPN are private networks but are still a part of the
internet. VPN are made
possible by encryption technology. The most popular of
the encryption algorithms used is IPSEC (Internet
Protocol Security). IPSec is a secure exchange of
packets between receiver and sender. This form of
secure communication may be the most complete form that exists
today. After the VPN network is set up between sender
and receiver, all information submitted is encrypted.
This form of secure communication is widely used by
companies that wish to transmit corporate information
between themselves and partners securely. This VPN
network could form the basis of the company’s
extranet. A VPN is also used to allow remote users to
access information that is stored at the companies’
datacenter. These VPN technologies are invaluable to
businesses when company information can be readily
accessed securely around the globe. Workers are now able
to telecommute. There is also an increasing need to
outsource; therefore more need to share company
information. Collaborating with partners can be done
securely and in real time with the use of the internet.
There is no need to rely on expensive lease lines; therefore
reducing cost. These technologies will see more growth
as more and more companies use the technology to
collaborate with business partners as well as allowing
workers the flexibility to telecommute. VPN
infrastructures are made possible by routers and
firewalls. Routers and firewalls are specialized equipment placed on
the network to inspect packets and to determine whether
they are allowed access to their segment of the
network or if they should establish a secure connection
to facilitate a particular communication. VPN networks
can be static, meaning the network is always available;
or dynamic, meaning it is made available when it is requested
by the user. A VPN network can have a one to one, one
to many, or many to many relationship. There are many
small companies in this market but it is somewhat
fragmented. The market leaders are CheckPoint and
Cisco systems. They make up a majority of the market with
their CheckPoint Firewall-1/VPN-1 and Cisco Pix lines
of products. Encryption technologies are in development to better encrypt data on USB
drives, hard drives, magnetic tapes, DVDs, CDs and PDAs.
There are now application specific encryption
communications, for example, communication between
databases. There is an ongoing upgrading of
encryption technology for military and corporate
communication over wired and wireless spectrum. Wired
networks include Ethernet, Cable broadband, fiber
optic, and fiber channel. Wireless network includes
8011.X, satellite networks, and consumer wireless
systems such as car alarms, home alarms and cordless
phones.
Certificates are digital documents that validate the
authenticity of the holder. It is an implementation of
PKI (Public Key Infrastructure) where a public key is
shared between sender and receiver. Certificates are
digitally signed by a trusted third party, sort of
like a digital notary or judge. The notary is a party
you trust and the software or server you are trying to
communicate with will present this
certificate/document that was issued by the notary.
You trust the notary therefore you trust software that
is holding the certificate. The notaries in the world
of the internet are certificate authorities (CA) they
validate the authenticity of the requestor of the
certificates. Secure web transaction e-Commerce is
based on this technology therefore it is wide spread
and widely used. There are many existing companies
that offer CA services. The most popular ones are
Verisign, Thawte, and Equifax. There are also companies
such as Microsoft and RSA that are selling CA software
to satisfy CA services that are internal to a
corporation. The certificate market is also expanding
to include client authentication. At present what
mainly exists are certificates to verify the
authenticity of a server and/or software. With the
expansion of Client VPN (these are normally dynamic
VPNs that allow remote users access to a datacenter or
any general company information) the use of a client
certificate is expanding. When accessing the VPN
the client has to verify themselves. This is done by
password, certificates, secure tokens, or a combination
of all three methods. The password is the least secure
method because they can be easily guess or hacked.
Using a combination of the methods of authentication
increases the security and determines the factor of
authentication. Using any two methods is called a two
factor authentication.
Secure tokens are used to increase the level of
security and verify the authenticity of the holder.
This is normally used when logging into a network or
transferring critical data. A secure token is a device
that constantly displays a secure code that can be use
to authenticate a user to some back end trusted
computer source. This form of authentication is far
more secure than password phases, because it constantly
changes the secret code. A secure token can take the
form of a smart card, ID, USB pen drive, dongle, a
cell phone or any computing device that is portable and
easily carried around with the user. These devices are
presently very expensive and only reserved by
extremely secure facilities and personnel. The prices
will fall eventually, making it affordable for
consumers and low level personnel. It will then be
replaced at the top end price range by some form of
biometric data validation.
Intrusion Detection Systems
Intrusion detection systems are specialized equipment
that scan and inspect network traffic to discover
malicious traffic patterns or activity. It is expected
to have an average annual growth rate of 18.1% until
2006 see table 1. This is a true proactive security
solution rather than being reactive in cleaning a network
after it has been infected by a virus. IDS management
teams maintain a database of malicious traffic
patterns called signatures that are updated regularly.
The IDS machine then inspects network traffic with these signatures and matches suspected malicious
activities. Network administrators can be alerted when
these are detected, or the sender of the malicious
traffic can be blocked by the IDS system. According to
Gartner Dataquest: “The IDS segment, which has made up
about 5 percent of the security software market in
2000, includes software products such as Internet
Security Systems' SAFEsuite IDS and Symantec's
Intruder Alert and NetProwler (formerly Axent's
ProwlerIDS). This does not include hardware IDS
solutions such as the Cisco IDS or ISS Proventia
appliances. Overall, the IDS software market will show
above-market growth through 2006, although the
increasing popularity of appliance-based solutions
will limit the CAGR of IDS software to 18 percent.”
This represents significant growth opportunities in this
cutting edge technology sector; therefore, we expect to
see rapid technology growth as more companies joining
this sector and offer more products that drive
competition and innovation.
Content Filter
There is a small market for content filtering. These are
companies that produce software and hardware devices
that inspect data content to determine whether it
passes the security policy set by a company or an
individual. The need exists for products such as these
because companies need to share data; therefore data
has to be transmitted. This software helps determine if
this is done appropriately. Corporations like to know that when employees are
sending data they are not sending company secrets or
confidential information. They would also like to know
that when the company's resources are used, that they are used
appropriately. Making sure internet browsing, IM (Instant
Messenger), email, FTP (File Transfer Protocol) are not used for gambling, pornography, hate speech, or any
crime. Companies like
BlueCoat systems, Websense, Smartfilter and Microsoft
provide companies with ability to enforce company
rules, supply data assurance, and audit the use of
company resources. This type of software will
penetrate the home user market. It will do the same
thing VCHIP did for the TV viewing public. There is
room to grow for new companies as well as existing
companies to provide content filtering for kids at
home that need access to the internet. Spam filtering
is also in this category. Spam filtering is software that
determines if an email message is sent from a known
sender or if it's unsolicited mail. There are overwhelming
problems now with spam on the internet. This can only be
contained by content filter software on the corporate
network or user’s email client software.
Identity Access Management
Identity access management (IAM) is a market segment
that takes advantage of all the new security
technology and rolls them into one product
that gives corporations the ability to manage their
employee or business partner’s identity. With increasing
use of computer networks the volume of users are
increasing, therefore ways are needed to manage these
identities as well as verify these identities and make
the process as seamless to the user as possible.
Technologies such as SSO (Single Sign On),
multiple chain authentications, and federated ID
management are available. These systems are complex to implement, but
the aim is to reduce administrative overhead as well
as simplify the user experience. SSO exists whereby users
of multiple applications do not have to authenticate
to each application they are using, but authenticate
once and that same authenticated session can be used
for another application. Federated ID management is
used when corporate growth is expected. Business partners
that interact on a daily basis can interchange their
user community. Meaning that if user A exists in company A
there is no need to create a new account for user A at
company B, when user A comes to do business with
company B on behalf of company A. User A’s profile
from company A is carried across to company B to
perform their daily transaction. This adds great value
when doing e-Commerce transactions with several
companies. The e-Commerce transaction could be B2B C2C
or B2C.
Digital Rights Management
Newer and better DRM software and tools are needed to
protect the copyrighted works of art, music, movies,
software, and books. The creators are willing to give
access to their creation but are concerned about their
rights as the creator. The music industry is
reporting that their earnings are being eroded and
artist rights are ignored by users who are illegally
digitally replicating music and then sharing the music
on P2P (Peer to Peer) networks with millions of users.
This is also seen in the software and movie industry
but not quite as wide spread. As software gets better and
business models change we will see fair use of digital
entertainment data. The market exists to be
filled by technology. That solves the problem of
allowing fair use of digital entertainment but
enforces copyright laws.
Biometrics
Biometrics technology is in its infancy, but it is used
now at extremely secure corporate and military
locations and at the US borders. Biometrics is a form
of security validation that involves some biological
data taken from the user to verify the user’s
identity. This could be done by a finger print, iris
scan, facial features, voice recognition software,
DNA sample, or a blood test. Biometric authentication is
used at the United States Airports for the US-Visit
program, whereby visitors to the United States are
asked to provide a finger print sample and have their
picture taken to verify their identity before they are
allowed access in the country. This will move into the
corporate world and possibly law enforcement and will become more wide spread as the
world tries to fight terrorism.
International
Market
The international market is expected to grow as well,
with Europe leading the way with 10.6 % annual growth
rate, as can be seen in table 2. The growth rate is also
expected to increase while the digital divides decrease
and information and technology are further dispersed
world wide. However, there are still opportunities to
be had with the booming economies of China and
Taiwan.
Table 2: Total Security Software Market Revenue
History and Forecast by Region, New License Sales
(Millions of U.S. Dollars)
Technology
Managers
IT managers are faced with the tasks of whether or not
to implement this new technology. Implementing a
secure network is complex and time consuming. It is
difficult to assess the ROI, therefore difficult to be
accepted by senior management. Adapting a cutting edge
technology can be painful and costly and also could be
the wrong direction of the industry. However, peril
exists in not implementing security measures. That may
result in lost of company data, or bad press if a company
is hacked and secrets are revealed, or customer information
exposed. Companies can incur the anger of shareholders
if company secrets are exposed or data lost. According
to Martin P. Loeb who led a team of researchers at the
University of Maryland’s Smith School of Business the
indirect cost of security incidents may cost as much
as $10 million and proprietary info theft may cost
$2.7 million per year per company. These are
staggering numbers of security incidents per year.
According to Gartner Dataquest IT managers are looking
to implement several security measures in the coming
years, Figure 2 gives guidance on expected
implementation timeline.
Figure 2: Technology Cycle
In figure 2 one can see that data encryption
appliances, deep packet inspection, spam filtering,
DRM, Public Key Token, Identity Management, and Smart
cards are looking to mature and be implemented by IT
managers in the next two to five years. One can also
see further, that research is now being done and that the
expected implementation and maturity of biometric
authentication is to be in the next five to ten years. The
product life cycle of the IDS system is short and is
expected to be replaced by deep packet
inspection.
Drivers
Garner Dataquest is seen as the sage of the IT market
and they have done a study of the factors that may
drive or inhibit the growth of the market. According
to Gartner, key drivers are:
- Enterprise losses because of the greater threat
impact as well as greater threat frequency are
expected to rise, raising enterprises' risk and loss
expectations. Enterprises will increase security
spending as a percentage of the IT budget to mitigate
the higher perceived expected loss.
- Pricing is holding up in key product categories,
such as antivirus. In most
categories, price resiliency is expected to continue
throughout the forecast period. However, in the antivirus category Microsoft's entry in 2004 will begin limiting prices worldwide, while regionally, there are already reports
of price wars in Asia/Pacific.
- Heightened awareness of vulnerabilities among
enterprises is creating a desire for remediation.
Software helps with that task.
Long-term security software vendor revenue drivers include:
- Increased adoption of technical standards for Web
services security will drive a significant security
aftermarket opportunity.
- Increased regulations, HIPAA and Sarbanes-Oxley
are driving laggard enterprises to improve security
posture.
- Larger business partners are requiring certified
levels of security from their suppliers as a condition
for doing business.
- New entrants are supplying innovative products for
combining multiple technology approaches to deal with
"blended" threats. Better products may stimulate
demand.
- New emergency/cyberterrorism/cybercrime initiatives
will see increased government vertical spending on
information security.
Key Inhibitors
The macro economy remains the biggest question mark
about the prospects of security software vendors.
Short-term security software vendor revenue inhibitors
include:
- Flat or weak U.S. economy and world economy
- Flat or weak business capital spending
- Flat or weak enterprise IT spending
- Flat or weak telecommunications/carrier vertical
spending into 2004
- Increased use of deferred-revenue-recognition
accounting practices by software vendors
- Contraction of formerly promising categories,
including PKI and IDS
- Competition from security hardware appliance
vendors for security functionality, including
firewall, VPN, IDS and others
- Slowdown in the uptake of mobile devices limits
the mobile security opportunity in the near term.
- Price/feature competition in some security product
categories
Long-term security software vendor revenue
inhibitors include:
- Outsourcing of IT security management will reduce
the revenue per unit of security software when sold
indirectly through service providers.
- Embedding of enhanced security functions directly
in systems and applications will reduce the need for
third-party security software.
- The entry of Microsoft may limit the opportunity
for third-party software, especially for desktop PC
protection.
- Many independent software vendors (ISVs) may
switch from a new software license business model to
an updated business model or appliances model.
- The U.S. economic growth stagnation may continue.
- Traditionally strong verticals for security, such
as state government, may weaken in a fiscal crisis.
Government
Support
With the threat of bio terrorism or cyber terrorism
the government is spending money on R&D to lead
support for the information security industry. They
are also spending money implementing existing security
measures; therefore, companies can spend more money
improving their products. According to the
Washington Post, in 2002 President Bush signed a legislation
dedicating more than $900 million over five years to
security research and education to protect the
nation's technology infrastructure against hackers and
terrorists. The Cyber Security Research and
Development Act will establish computer security
research centers and fellowship programs at the
National Science Foundation (NSF) and the National
Institute of Standards and Technology (NIST). The
federal government also established in 1988 CERT
Coordination Center (CERT/CC) which is a federally funded
research and development center operated by Carnegie
Mellon University. In general, the government cyber
security funding and plans are inline with growing the
industry and being one of the chief implementers of
new information security technology.
Prospective
Companies
New entrants to the industry are expected because of the lack of dominant market leaders. Getting into the
industry doesn't require huge capital startup,
therefore funding can be attained to start a company
with great ideas. However, as always, brand recognition
is what counts and new entrants will have a problem
not having a brand name. This could be solved by
either partnering with a bigger brand name company or
being bought out by a bigger company, the later is
more likely to happen. The best prospects are
companies that are established with deep pockets. I
think Cisco system has the possibility of becoming the
market leader and are positioning themselves to take
that lead. In the 1990’s they positioned themselves as
a networking company that does networking well.
They made their reputation of being a networking and
telecommunications company. From their SEC filing
Cisco reported revenue of $20.8 billion with a market
capitalization of $120.29 billion that is a deep
enough pockets to buy smaller companies and fund R&D
for information security. Therefore in the 21st
century they have re-branded themselves as a security
telecommunication and networking company. They are likely to control this market, because security threats will start or end on the network. They have several product
offerings poised to dominate most market segments. The
Cisco Pix firewall for general network security, Cisco
VPN concentrator for VPN networks, Cisco
Authentication Agent for identity management markets, and a Cisco Intrusion
Detection System. They can use their market dominance
in networking equipment and name recognition to win
more business. They will face competition from
companies like Checkpoint, Symantec, ISS, IBM, and
Microsoft. None seem to have the range of
products possessed by Cisco Systems.
Conclusion
There are issues to be considered by this new
technology field. What are the societal impacts of
this new technology? What are the legal and ethical
issues that we face by implementing some of these
technologies? The basis of new technology is to
provide security for digital information. There may be questions as to what if it falls into the wrong
hands? Could it be used to avoid law enforcement? There
are also issues that affect privacy advocates who shun
the ideas of biometric authentication. The main question referring to biometric authentication would be: who sees that data and how is it stored? There are
also legal issues of exporting encryption algorithm
overseas. Right now it is currently illegal to export
most of our encryption algorithms therefore this will
restrict trade. There are ethical issues in content
filtering. Who decides what content an employee or users
of the network are allowed to see? What are the moral
and ethical standards? Also, with all of the new technology
and expansiveness of it, there may be a need to realign
IT departments to create a new post of Chief Security
Officer (CSO), with sole responsibility of aligning the
business needs along with information security.
Technology managers have a lot to decide, such as when to
implement and what technology to implement. The market
is expansive and it is poise for growth. One can see
there are many companies in this market segment
jockeying for the prospective profits. This is
evidence as accounting firms such as Ernst & Young
and PricewaterhouseCoopers are joining the information
security consulting services and along with networking
and content filtering companies who are re-branding
themselves to align with the demands of the
market.
Reference
- ACM Digital Library. (2004). UMUC Portal.
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