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Respond to the following: “Security isn’t simply a technology issue, it’s a business issue.” Be sure to include business examples in your post. Respond to at least two of your classmates’ postings.

It’s a business issue for several reasons. First and foremost is the protection of the company’s data. With all of the digital records today the loss of data through intrusion or disaster can be catastrophic for that business. ” The security company unveiled a study Tuesday showing that 33% of respondents said they believe a major data-loss incident involving accidental or malicious distribution of confidential data could put them out of business (Gaudin, 2007).”
There is also the consideration of liability if customer data is compromised, which can lead to identity theft. This has happened in the past with several bank credit cards. Data loss to competition can also lead to lost revenue. The downtime incurred by a virus or security breech is considerably expensive. The cost of a security system is a small investment to make compared to the ramifications of not being properly protected. However proper planning and implementation make it more of a business decision and should be carefully considered from multiple sources. There is the cost involved, compatibility and any possible impact to existing applications, and effective monitoring. In addition, some businesses, such as hospitals and medial practices, are governed by federal and state laws regarding protection as well as the use of patient data.
A good example is the U.S. Government. The government handles military, government, and private data. Everything from the Defense Department to the Internal Revenue system. They have to assure that everything from top secret and classified information and as well as less classified information is protected.
Source(s):

Gaudin, S. (2007, April 24). Companies Say Security Breach Could Destroy Their Business. Retrieved June 15, 2011, from www.informationweek.com:

http://www.informationweek.com/news/199201085

Supply chain management is less about managing the physical movement of goods and more about managing information. Discuss the implications of this statement. Respond to at least two of your classmates’ postings.

Supply chain management is about the movement of information because information moves from one supplier to the next and at times, the difficulties this causes can become costly. Information given to a manufacturer from a retailer to accurately determine when a customer purchases a product, and how much, is important in producing the product and requesting material from suppliers. To overcome some of the problems that may arise, manufactures create buffers in the raw materials. This tactic is helpful but careful information gathering must take place to keep operating cost low. One problem that should be highlighted is the bullwhip effect. This is distorted information traveling from one supplier to the next can increase cost in “Inventory, production, warehousing, and shipping costs” (Lauden & Lauden, 2009, p. 273). For instance, when someone tells another a secret and that person tells someone else, and then so on and so forth. By the time it comes back to the originator of the secret, it becomes a very different story.

References

Lauden, K. C., & Lauden, J. P. (2009). Essentials of Management Information Systems. Upper Saddle River, NJ: Pearson Prentice Hall.