Question

what are some of the issues that data providers are encountering with all the stress on the networks? How important is security?

Answer 1

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The Importance of Network Security:

The purpose of network security is essentially to prevent loss, through misuse of data. There are a number of potential pitfalls that may arise if network security is not implemented properly. Some of these are:

1. Breaches of confidentiality: Each business will identify with the need to keep certain critical information private from competitor eyes.
2. Data destruction: Data is a very valuable commodity for individuals and enterprises alike. It is a testament to its importance when the proliferation of backup technology available today is considered. Destruction of data can severely cripple the victim concerned.
3. Data manipulation: A system break-in may be easily detectable, as some hackers tend to leave tokens of their accomplishment. However, data manipulation is a more insidious threat than that. Data values can be changed and, while that may not seem to be a serious concern, the significance becomes immediately apparent when financial information is in question.

Some of the issues that data providers are encountering with all the stress on the networks

Logic attacks, as the name implies, is an exploitation strategy used to bend any weakness within the system to will. These weaknesses can include anything from software vulnerabilities, like backdoors, to security lapses in code. The aim is to break into the system, either to crash it or to grant access to an unauthorized individual.

Resource attacks, on the other hand, aim to overwhelm network resources to the point of collapse. This was a common trick in the 90s, but is slowly becoming less popular. The idea of resource attacks into force the system to crash, and therefore become vulnerable. These attacks are carried out in a number of ways; most easily by flooding a server with more service requests than it can handle. Some resource attacks involve the installation of malware on the network, causing it to become vulnerable.

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