Cyber Crime Risks & Responsibilities-Free-Samples for Students

Question: Disucss about the Cyber Crime Risks and Responsibilities for Businesses. Answer: World has become more technological, there are so many changes done in the business due to developments in technology. Internet has become more advanced in todays world. However, the emerging technologies of internet have been challenged by pornographic. It enhances the chance of developing international terrorism. Internet is being used by many criminals to share the information in all over the world. In the context of negative aspect of internet, various kind of terrorist such as nationalist, revolutionaries, fascist, separatists and anarchists are able to share the propaganda to their supporter by using internet to overall execute their information. Apart from that there can be other issues arise such as data lose, security corrupt and cyber crime (Tonge, Kasture and Chaudhari, 2013). Franke and Brynielsson, (2014) argued that cyber security is the cover of technologies, practices and process which is designed to prevent networks, programs, computer and relevant data from unnecessary attack and unauthorized access. BHP Billiton is the Australian company which mainly deals in the mining, metals and petroleum dual listed public. The Headquarter of this company is located in Melbourne, Australia. It is the trading entity. It was the fourth largest company by revenues measured by market values of 2015. The business of BHP Billiton is higher, so it is required to keep the data securely (Franke and Brynielsson, 2014). All shapes of organization are living in online environment and use the device of mobile for automation to improve the interaction with customers. There are billions of customers who use online services with business and organization have obligation to prevent relevant information that could personally recognize their customers. Unfortunately, the setup of the internet is extremely familiar with cyber criminal (Yan, Zhang and Vasilakos, 2014). It is considered as decentralized and therefore lack of controlling on subject, it cannot be censored, allow anyone to use it. BHP Billiton is concern about its data and that is why it is set to house which has major capability of cyber security in Melbourne. It is the part of its plan to enhance the size of its stable workforce of IT globally. There are transactional data which might involve system identifiers such as machine identifiers and internet protocol. Business should be more active to take action against the hacked data (Jacobs, 2016). However, it is seen many times that the best interest of organization and customers for a loss or breach to be informed, it must be known in the point of necessity that there is no law in Australia regarding this process. To being as giant mining organization, BHP Billiton recruit nine security architecture and the professional of cyber security to revealed the major IT expansion. It is done by company to protect the data of company secured. It has branches in Singapore and Houston and it is also placing same quality of resources there. As per the article of Crozier, (2017), company stated that there is technology and cyber unit separately in BHP Billiton, and at least six Australians sit, inside the companys wider security governance, risk and compliance group. In BHP Billiton, groups are categorized that is having the specialization in security. It is the plan of company to employ cyber incident response that should be specialized in proactively detect and immediate respond to incidents, able to conduct post-mortems and bring changes in technology of operation. It is the initiate of BHP Billiton to protect from cyber crimes, this role which is the part of it plan will be liable for defending against the incidents of technology incidents along with that they should be capable to recognize, analyze, communicate and contain these incidents in the time of occurrence (Crozier, 2017). Comparative analysis It has been analyzed with the support of article A Comparative Analysis Of Cyber security Initiatives Worldwide, that many policy makers have been showing their concerns regarding the insecure information and wanted to share at highest level that it would be threaten for economic growth and national security. As consequences of these concerns, the emerged has been developed of web of regional, national and multilateral initiatives. It has been evaluated that recent publications offers a collection and evaluation of the efforts of cyber security in 14 countries. The overview of issues has been provided by the international CIIP Handbook, in the ground of information infrastructure information. There are five focal points which have higher importance that has been emerged in the cross comparison company surveys. That is critical sectors, organizational overview, early warning approaches, current topics in laws and legislation and research and development (Rahman and Choo, 2015). In the context of critical sectors, there are two interrelated but differ concept of perceptions of critically. That is critically as systematic approach and critically as a symbolic approach. However the organizations of Australia are found under critical sectors and sub sectors. In the comparison of two concepts, the most observing similarity is the focus on essential goods or services (Xie Ou, 2010). It defines that the actual object of protection is not the part of static infrastructure as that much, but focus on services, in the flow of physical and electronic. This is far level of abstract of understanding essential assets. In the term of organizational overview, several organizations in Australia are responsible for CIP. For instance, Australias infrastructure such as virtual and physical structures, terrorism is found there. Cyber security has been observed as a component of the effort of counter-terrorism of overall country. Therefore, defense signals directorate, Australia n Federal Police and the Australian Security Intelligence Organization are the part of Critical Infrastructure Protection Group members. In the order of early warning approaches, the Australian company BHP Billiton has cross-border Co-operation (Pepper, McIntosh, Fitzsimmons, Gebhardt and Dillenbeck, 2015). This co-operation is made internationally and it is more sensible when one observes the inherently cross-boundary nature of threats CERT has been developed which have been set up mainly at national and international level, and these kinds of organizations get incident response of any cyber crime. There are legal issues because national laws are developed autonomously. In the company of BHP Billiton, there should be data protection and security in electronic communications, protection of personal data, international harmonization of cybercrime law and identifications and digital signature (Lebek, Uffen, Neumann, Hohler and Breitner, 2014). It has been evaluated in the comparison of Australia, USA and EU had well efficient team of research and development in the field of cyber security. The US has a crucial role in recognizing and promoting essential research topics. The EU plays a leading role in helping cross-rational RD in the field of cyber security of Europe. There is no objection that RD will face the challenge of cyber security in the future. Figure 1: uses of security technology Source: (Goo, Yim and Kim, 2014). It has been found from the report of computer society that most of the cyber security breached by authorized users of organization. Moreover, an overwhelming it has been observed that 72% organizations are reported that there is no policy insurance which help them to manage the risk of cyber security (More Kumar, 2014). There are many kinds of cyber attacks. Cyber security attacks refers to utilize the various deliberate actions whether it is over extended period of time for the purpose of altering, disrupting, deceiving, degrading or spoiling computer system which has adverse situations or information or networks (Soomro, Shah and Ahmed, 2016). These effects on adversary system have indirect influence on organization to reliant on them. A cyber attacks can turn system and organization into untrustworthy or unavailable. Figure 2: Types of Cyber Attack Source :( More Kumar, 2014) These all are types of cyber attack. It is required to BHP Billiton to protect their data from these types of cyber attack and take initiative action to against it. It has been analyzed that BHP Billiton has forensics and investigations specialist which will be brought onto mitigate vulnerability and conduct information and investigations of cyber security, it will be developed for the purpose of protecting the assets of BHP Billiton across entire locations. Testing and assurance manager has been recruited by the company for code reviews who is accountable for patch analysis. They will be liable to maintain the relationship with enforcement of law and federal intelligence agencies such as ASIO, Interpol and NSA (Bana and Hertzberg, 2015). It would be the part of its plan to employ a CIRT (Critical incident response team) which will be leaded by Melbourne globally along with those resources in other components of the world. The CIRT will be able to investigate all errors, alerts, malware and intrusions along with that recognize who was liable, revise remaining security system. It will move forward recommendations and necessary improvements to protect the cyber attack from occurring in the future (Lumbreras and Ramos, 2016). BHP Billiton is reinforcing its organization security architecture resources in outside the domain of specific security domain. The organization security architecture team of BHP Billiton will be leading globally based out of Melbourne. This team will provide the overall direction along with leadership for entire security architecture of technology and design activities inside the organization of BHP. Moreover, BHP expects to recruit principal security architects in number of locations for the purpose of designing, implementing, documenting and supporting of architecture of security and the commodities of infrastructure. Figure 3: Security Method Used Source: (More Kumar, 2014) Collective security of society is dependent on every user being for aware security and exhibiting discipline about the personal information and calculating resources. It has been evaluated by security experts that the user is considered as the weakest link in the security chain and the measurements of technical cannot be able to resolve the issues of cyber crime lonely. Cyber crime and breaches can be reduced by conducting adequate audit trail of the activity which should be the component of application. It can be reduced if company has skilled responder who should be able to assist the team of application in forensics and root-cause analysis. BHP Billiton has a cyber security team which is recognized by globally. It is highly technical and innovative. To prevent the cyber attack the security system of BHP Billiton is included in to its core functions. The core functions of this organization are scheduling work based which should be basis on business priorities and perform administrative task for the head of Global Cyber Security. To prevent the data, meeting should be managed while building the agenda for each year with all information from fellow members of team. WebEx capability should be there in the time of critical team meetings. Coordination is in the organization which is helpful to assist the sub functions of wide goals, policies and objectives. It has the team of tracking the objectives and actions of leaders to ensure the time frames that are able to meet the cyber security function initiatives in partnership with higher level of authority. It has been included that a cyber crime has increased day by day, there is need to protect data of an individual as well as company. In this literature review BHP Billiton Company has been take which is leading its business in the field of mining, petroleum and metals. It is the fourth largest company in all over Australia. Throughout the literature review it has been found that there is requirement to conduct the research to analyze a comprehensive approach for the aim to protect sensitive data. It will be worth to take appropriate action. The security system of BHP Billiton is secured and company is trying to develop approachable substance to protect its data appropriately and in its mission, it has become successful almost because it is the company which has efficient cyber security team. There are so many kind of cyber attacks which has been elaborated in this literature review, it has been recommended that company should be aware about that kind of attacks time to time and take initiative action to develop software which should be able to recognize attack and inform immediately. References Rahman, N.H. and Choo, K.K.R., 2015, A survey of information security incident handling in the cloud. Computers Security, 49, pp.45-69. Bana, A. and Hertzberg, D., 2015, Data Security and the Legal Profession: Risks, Unique Challenges and Practical Considerations. Bus. L. Int'l, 16, p.247. Choucri, N., Madnick, S. and Ferwerda, J., 2014, Institutions for cyber security: International responses and global imperatives, Information Technology for Development, 20(2), pp.96-121. Crozier, R, 2017, BHP Billiton to create big Aussie infosec unit, retrived on 19th August 2017 from: https://www.itnews.com.au/news/bhp-billiton-to-create-big-aussie-infosec-unit-450875. Franke, U. and Brynielsson, J., 2014, Cyber situational awarenessa systematic review of the literature, Computers Security, 46, pp.18-31. Goo, J., Yim, M.S. and Kim, D.J., 2014, A path to successful management of employee security compliance: An empirical study of information security climate, IEEE Transactions on Professional Communication, 57(4), pp.286-308. Jacobs, T., 2016, Industrial-sized Cyber Attacks Threaten the Upstream Sector,Journal of Petroleum Technology,68(03), pp.42-50. Lebek, B., Uffen, J., Neumann, M., Hohler, B. and H. Breitner, M., 2014, Information security awareness and behavior: a theory-based literature review, Management Research Review, 37(12), pp.1049-1092. Lumbreras, S. and Ramos, A., 2016, The new challenges to transmission expansion planning, Survey of recent practice and literature review. Electric Power Systems Research, 134, pp.19-29. More,R, M Kumar, A, 2014, A Study of Current Scenario of Cyber Security Practices and Measures: Literature Review, International Journal of Engineering Research and General Science Volume 2, Issue 5, August-September, 2014 ISSN 2091-2730. Xie, P. J. Li, X. Ou, 2010, Using Bayesian Networks for Cyber Security Analysis, Proc.40th IEEE/IFIP Intl Conf. Dependable Systems and Networks. Pepper, A., McIntosh, P., Fitzsimmons, R., Gebhardt, T. and Dillenbeck, E., 2015, The Unconventional Global Endowment: Results of BHP Billiton's Global Assessment. In International Conference and Exhibition, Melbourne, Australia 13-16 September 2015 (pp. 283-283). Society of Exploration Geophysicists and American Association of Petroleum Geologists. Soomro, Z.A., Shah, M.H. and Ahmed, J., 2016, Information security management needs more holistic approach: A literature review, International Journal of Information Management, 36(2), pp.215-225. Tonge, A.M., Kasture, S.S. and Chaudhari, S.R., 2013, Cyber security: challenges for society-literature review, IOSR Journal of Computer Engineering, 2(12), pp.67-75. Yan, Z., Zhang, P. and Vasilakos, A.V., 2014, A survey on trust management for Internet of Things, Journal of network and computer applications, 42, pp.120-134.