Elementor #1419

Network security is primarily concerned with the protection of network accessible resources such as files, networks, user accounts, or other forms of data. It refers to an integrated process of safeguarding information systems from potential attacks and reducing the risk of damage or loss.

 

Today, there are various forms of network security that are being developed and deployed by different organizations. The most common of these is firewalls which, when integrated with firewall programs, provide protection against malicious software, viruses and other forms of intrusion.

 

Indicators and alerts can help detect any kind of intrusion. Most network monitoring applications offer comprehensive security monitoring features to allow users to identify and eliminate unwanted intrusions before they can have a chance to damage the system. These include detecting the presence of unauthorized software on the system and blocking them from running.

 

Firewalls can be implemented at the server or at the application level. There are also wireless and physical security devices that can be installed to protect a system. Depending upon the nature of the threat, you can choose one of the three common categories of network security.

 

The first category of security is a firewall-based security, in which you are able to configure firewalls for each device or host. This type of security can be used on both the private and public networks, providing effective coverage.

 

The second form of security is a layered Security System that helps secure all areas of your network. It is designed to provide coverage of the entire network using an advanced threat detection method that identifies and blocks threats from entering your system. It can also identify threats that have already entered your system and block them before they cause any damage. The third security category is an Intrusion Detection System (IDS) that helps detect any attack on your system, including network breaches and external threats. Intrusion Detection Systems is very effective in detecting external threats that cannot be detected by Firewalls.

 

There are several types of security that you can use in combination with one another. You can also choose between these security options for specific purposes, such as protecting individual employees against computer crimes. This involves installing anti-virus software to detect threats, as well as firewalls and/or IP blocking programs that will restrict access to certain areas of your system. You can also install a number of security applications to ensure maximum coverage of your network.

 

To keep your network secure, you should regularly test and upgrade the software installed on your Internet equipment. You should also make sure that it is not being tampered with by outside parties.

 

Keep the network you have secure for your customers and employees. You may want to consider using encryption technologies such as firewalls and passwords to protect your data and prevent hackers from gaining access to them.

Cyber Security Introduction

Cyber security, computer security or information security is the protection of data and systems from physical or digital destruction, sabotage, or access of their contents by outsiders, including unauthorized personnel. It also protects computers and systems from the effects of any virus, worm, Trojan horse, or other malicious software program.

There are many types of cyber-security: network security, application security, user security, enterprise security and identity security. These are the three basic levels of security. These are very important because of the large number of threats, the complexity of their nature, and the importance of implementing the appropriate protection against them.

For example, in terms of the first step of cyber security – network security – there is protecting an organization’s network from outside attacks, which could take different forms. For instance, you might get an e-mail message saying that your website has been hacked. In order to protect yourself, you can get an anti-virus program on your system, change passwords, and use software programs like encryption or anti-spam. By doing this, you can limit the damage that is done to your website.

Another important aspect of the first step is user security. This is a very difficult aspect to implement because there are so many people that work online. Therefore, it is best that you develop an easy-to-use system for password management. And of course, this will increase security because there are more people that you cannot login to.

Then, there is the second step of computer security. It refers to the security of a computer and its contents by implementing controls. Usually, this involves installing programs and systems that will prevent someone from being able to gain control of a computer system. One such system that you can put in place is a firewall, which will allow you to protect your computer from external threats.

Last but not least, there is the last step of data security. This will cover all your data and protect it from any kind of damage and loss, whether it is due to a virus, worm, Trojan horse, or otherwise malicious software program.

As we said above, there are so many aspects of security that can affect your business. You will need to have an adequate amount of data security to avoid the possibility of data loss. A good example of that is when you lose a hard drive because of a virus or worm.

In terms of data security, there are so many different areas to consider. Some of these include the following:

Cyber security is a very big deal. Therefore, you need to have it in place in order to protect your company. You need to get the right measures in place in order to avoid loss of data and other forms of problems. Take time to get informed about what your company needs and what kind of information you should protect.

Buying a Small Business? Do Your Due Diligence

 

One of the upside’s of a down economy is the opportunity to purchase a small business at a reduced rate. However, resist the temptation to get blindsided by the low cost. Whether you are considering the acquisition of a corner pizza parlor or a multi-national corporation, conducting a due diligence examination is extremely important. Closely scrutinize the business plan, internal documents, corporate filings, taxes, licenses and all legal documents. The process should also involve the services of lawyers, accountants, appraisers and industry consultants.

 

Assess the Products, Marketing and Competition.

 

Examine the product you are buying and where it stands, competitively. Is it established and have a loyal customer base? Determine whether it will provide an opportunity for growth that is in line with your current business model and how the product or service stacks up against competitors. These are extremely important due diligence considerations. Carefully review the business plan to see what the current owners have encountered and what they recommend as the marketing “fix.” Combine their insights with your own strategic plan, understanding the costs and risks involved to make the business competitive and sustainable.

 

Explore a business plan assessment of sales and revenue projections for 3-5 years; competitive analysis; marketing and advertising costs; research and development costs; new product development or line extension opportunities; feasibility to expand, sell or discontinue products to reduce costs; production and distribution cost reduction opportunities, partnership and joint venture opportunities.

 

Look Closely at the Legal Status and Liabilities.


Check corporate documents with an eye towards any legal issues that you might inherit. Investigate public records over the last five years for past or impending litigation against the company and current owners. Review contracts with suppliers and outside contractors. Make sure that insurance coverage is up-to-date. Examine employee contracts and agreements and all issues regarding the rights, responsibilities and liabilities of the board of directors.

 

Pay close attention to confidentiality, conflict of interest and any invention rights and assignment clauses. Hold a meeting with your attorney for an opinion about the company’s legal status. Request full disclosure of all “red flag” issues and identification of areas that require legal corrective action.

 

Areas of focus should include fulfillment of federal, local and state filing requirements; compliance with codes and ordinances; contracts and agreements; insurance policies; payment status of worker’s compensation; past, pending or threatened litigation; consumer complaints; internal and public legal documents and records.

 

Check the Current Financial Status.


Checking the financial health of the business lies at the “heart” of the due diligence process. Examine and determine if the company is stable and ready to become the next “it” corporation or is on “financial life support”. Remove all emotion during this phase. Get a clear and honest picture of the financial condition to assist in setting your acquisition price.

 

Focus on the business plan, budget projections, taxes for the last five years, bank account statements and things such as loans, notes, and letter of credit agreements; mortgages and leases; internal financial reports (monthly, quarterly, annual report); physical assets and real property, including real estate, inventory, machinery and equipment; with an eye towards valuation, depreciation, longevity and replacement costs. Get professional appraisals.


Review the Existing Corporate Structure


This is a broad area that should absolutely involve assessment and review with lawyers, accountants and those familiar with the operational aspects of the industry. Closely examine documents for clauses that relate to acquisition, first right of refusal, stock transfers and any area that might impose a condition or restriction.

Examine the organizational structure. Assess the strengths and weaknesses of the current management team, existing employees, and departments in terms of continuation, replacement, or termination.

Areas of focus should include the Articles of Incorporation, By-laws, licenses, stock ownership and records, board of directors meeting minutes as well as filings and registrations with state, local and federal agencies.

Security Advantages of Credit Card Merchants

These days at least twenty percent of all purchases by consumers are made through credit cards. This percentage is growing steadily from year to year. Many people are finding it more convenient to carry their credit cards with them when they go out shopping than carrying a billfold full of dollars. Also credit cards are useful when people make impulsive purchases when they find a good deal while shopping. Thus it is important for merchants to be able to accept payments through credit cards or debit cards. Having a credit card merchant account enables a merchant to accept payment by credit or debit cards instead of cash.

The other non cash payment alternative of accepting payment by check is not preferred by most merchants as checks may bounce. Earlier many merchants were hesitant to accept credit cards because of the hassle of collecting the receipts and sending them to the credit card company like Visa or Mastercard. However with the rapid advancement of technology every thing is done instantaneously and the money is in the merchant’s bank account immediately. Technology has simplified the process to such an extent that many merchants find it more convenient than handling cash.

There are two types of credit card merchant accounts, card present and MOTO. In the card present system the card has to be presented for the payment to be made. The card is swiped through a credit card terminal or some such appliance that can ‘read’ the card. Once the terminal validates the card the customer simply has to sign the receipt for the sale to be completed. MOTO stands for ‘Mail Order Telephone Order’. This means that the card information is sent by telephone or mail and the card is not physically presented. This type of merchant account is less prevalent. It is preferred by mail order businesses.

Credit card merchant account providers have greatly simplified the process of setting up an account to start accepting credit card payments. Although the merchants have to bear the cost of hardware required like the Credit Card Terminal, virtual terminal, credit card imprint-terminal combination and imprint style, in most cases they provide free set up, free service and free software because they make a lot of money from the transactions. The credit card terminal or swipe system needs an internet or phone connection to be able to receive and send information to the provider about the transactions. The process is actually very simple to use. Every time a customer uses his or her credit card to pay for a purchase, once it is approved the amount is deposited in the merchants bank account after deduction of fees.

The fees charged varies from one merchant account provider to another. Thus merchants should do some comparison shopping before deciding on one. The things to consider for the purpose of deciding are fees, service and support and flexibility of payment options. The extra fees is offset by the increase in sales and profits because customers usually tend to spend more when they are using credit cards. The standard fees usually consist of swiped charges, mail, internet or phone charges, transaction fees on per transaction basis and monthly statement fees. 24 hour service support must be available as merchants would not like to lose any sales.

Every year Americans are spending billions of dollars (estimated to be more than $500 billion) every year in credit card purchases. This figure can only increase in the future. It is a well known fact that people tend to spend more when they use credit cards. Many merchants have found that their sales have gone up by as mush as 1000% after they started accepting credit cards. With so many advantages no merchant can avoid having a credit card merchant account. This system is convenient both for the customer and the merchant and that is why more and more merchants are preferring to have a credit card merchant account.

For more information visit our blog or contact us today about one of the many security services we provide businesses.