business

Information Technology

May 22, 2010

Information Systems have become an essential element of our economic infrastructure.

As important as energy, transportation and financial systems.

Information system may be the most critical because all other systems are increasingly dependent on computer networks.

Over a very short period of our history, computer systems and the Internet have become the critical element of our social and economic infrastructure.

Valuable to broad elements of the society:

Enhance communication

Efficiency

Instant access to the world

Information technology can used:

By anyone

To pursue any agenda.

Information technology can lead to:

Security threats

Crime

Loss of sensitive business information

Harm to corporate and brand-name reputation

Loss of privacy

Misguided public policies can have a direct effect on the business community.

The challenges is to find the line between the fair use of information and the abuse of the power that information technology can foster.

The Public’s Right to Know

Company Confidential Information may be required to be released to government agencies and thus become public due to legal requirements or agencies policy.

Electronic Commerce

The business community needs to have an active interest in the development of policies that are being put in place to control the growth of electronic commerce.

Public disclosure of information

Information collected by the government can be an extremely valuable source of data for the competitive intelligence community.

The freedom of information act has been a powerful tool for those engaged in competitive intelligence.

Valuable information can be found at all levels of your organization.

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