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The success of fast online fund transfer very much hinges on implementing effective security measures to…… Security SystemsHow would you consider what is to be local security vs. enterprise wide security. Should they be different, should it be enterprise wide ignoring the special needs of any particular site. Keep in mind that employees travel from one site to another often and need to access computing resources from any site to get their work done. The classic enterprise network for most organizations used to be hub and spoke arrangement, but demand for higher bandwidth led to the decrease in the cost of leased lines and the emergence of new technologies, such Virtual Private Networks that could mesh offices together. Enterprise ide Security on the Internet, March 2002 This created another problem, however, as the larger the enterprise, the greater the need for security, yet the larger the network, the more diverse the informative needs of the employees. The first solution that was deployed in the early…… However, this still relatively young application of internet technology does come with a wide array of security concerns that highlight the ethical and legal responsibilities facing these handlers of sensitive information. ith identify theft and hacking of open source network activities real threats in the internet age, it is increasingly important for online shoppers bankers to be aware of the risks and for online financial institutions to be armed to protect against them. For the banking industry, which has gone to considerable lengths to continually upgrade security measures, this presents a demand which is simultaneously economic and ethical. Indeed, the transition of users from traditional to online banking methods will be a shift "resulting in considerable savings in operating costs for banks. " Sathye, 325 This highlights the nature of it risks for all companies, which must balance security concerns with the financial optimization often associated with such change.

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One industry researcher notes, "In 2003, there were approximately one million security guards including airport screeners employed in the United States compared to 650,000 U.

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