Why Networks Need Security
Organizations vulnerable due to dependency on computing and widely available Internet access to its computers and networks
Business loss potential due to security breaches
- $200,000 average loss per incident
- Reduced consumer confidence as a result of publicity
- Loss of income if systems offline
- Costs associated with strong laws against unauthorized disclosures (California: $250K for each such incident)
Protecting organizations’ data and application software
- Value of data and applications far exceeds cost of networks
- Firms may spend about $250/employee on network security