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3. Why do you need network security (cont)

 

Data theft

Some types of data are worth real money, and so are attractive targets for cyber-theft. For example,

  • Virtual money - bitcoins
  • Sales information, such as a customer database
  • Intellectual property, such as the latest research notes or trade secrets of a company.

reasons for security

 

Confidentiality

Organisations have a legal and moral obligation to keep data confidential, for example:

  • Identity information such as passport details, national insurance number, name and address.
  • Personal information such as medical records.
  • Financial information such as credit card number, bank details, salary.
  • Access information such as username / passwords for online computer games or social media.

reasons for security

 

Legal obligations

The UK Data Protection Act places legal obligations on all organisations to keep their sensitive data safe.

If there is a data leak then the organisation can be prosecuted and face a hefty fine and even time in prison.

 

Challenge see if you can find out one extra fact on this topic that we haven't already told you

Click on this link: What is Information Commissioner's Office ICO