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Saturday, June 21, 2008

How safeguard our personal and financial data?


As the technology underlying e-commence has become more complex and more intertwined, the opportunities for intrusion and attack have increased. Teenage hackers, industrial spies, corporate insiders, agents of foreign governments, and criminal elements have taken advantage of the situation.
Let's look at some ways to protect your all-important user data from loss and/or unauthorised access!!



  • Strong passwords

If criminals or other malicious users steal this information, they can use your name to open new credit card accounts, apply for a mortgage, or pose as you in online transactions. In many cases you would not notice these attacks until it was too late.


The secure way is to use proper passwords, but please avoid sequences or repeated characters. such as"12345678," "222222," "abcdefg," or adjacent letters. Besides, make the password lengthy. Each character that you add to your password increases the protection that it provides many times over. Your passwords should be 8 or more characters in length; 14 characters or longer is ideal.


  • Biometric systems


Fingerprint scanners, iris scanners, facial recognition systems, and voice recognition all are examples of biometric systems that recognize a person by a physical trait. Biometric systems can identify a person by matching the individual's biometric traits against a previously stored version. Thus, the company consume this systems can make the value products more secure.

  • Firewall

Basically, a firewall is a barrier to keep destructive forces away from your property. In fact, that's why its called a firewall. Its job is similar to a physical firewall that keeps a fire from spreading from one area to the next. As you read through this article, you will learn more about firewalls, how they work and what kinds of threats they can protect you from. For example, you often hear people in companies say things like, "I can't use that site because they won't let it through the firewall."

One of the best things about a firewall from a security standpoint is that it stops anyone on the outside from logging onto a computer in your private network. While this is a big deal for businesses, most home networks will probably not be threatened in this manner. Still, putting a firewall in place provides some peace of mind.

  • Encryption

Encryption is one of the safeguard. Encryption is the conversion of data into a secret code for storage in the databases and transmission over network. The sender uses an encryption algorithm to convert the original message into a coded equivalent. At the receiving end the cipher text is decoded back into clear text. This can prevent leaking and lost of data.






Video:
Clip on it~~ It is an example of tape ecryption

Sources :

Efraim Turban, Electronic Commerce A managerial perspective, 2006

http://www.microsoft.com/protect/yourself/password/create.mspx

http://computer.howstuffworks.com/firewall.htm

http://www.youtube.com/watch?v=w1OPbg3PS-s

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