Essay: Business Expansion - Possibilities And Opportunities.

Discuss About The Examine Possibilities Expansion Of Business?

The respective Company is a small software organization that was established less than five years ago. The software organization is based in Melbourne. The company deals with the development and the customization of the applications that specialize in the information and the network security area. The major clients of the company are based in the major cities of Australia, which range from small to medium sized organizations. This organization at present is undertaking projects that are developing applications in-house or the customization of the off-shell software. These are done with agreement with the large vendors. The business scope of the organization at present is limited to the development of the applications. The Company at present and compiling the recent scenario is exploring option to expand its business opportunities in the next five years to its other branches within the information and the communication technology. The Company also plans to expand its business to all parts of Australia and if possible overseas also. The future options of this organization are to diversify the business to provide the ongoing information and the network security services to the various businesses, which have a presence on the online platform. This will require management of the online security of those organizations, websites and the database of the clients. The report is an investigation of the possibility of the expansion of the business. The following report provides the discussion regarding the information and the security applications that are there in the market at present and its uses. The report also focuses on the security and the technological aspects of the advantages and the risks involved.

The information security refers to the number of the strategies that are used to manage the different processes, the tools and the policies, which are important for the prevention, detection, documentation, and to counter the threats to the digital and the non-digital information. It is also called as the ‘infosec’. Infosec has the responsibility to establish the business process to protect the assets of information despite the information being in the mode of formatting or transition or is at rest in the storage or being processed Panda, Abraham & Patra, 2012). The network security on the other hand refers to any action that is designed for the protection of the usability and integrity of the network and the data. The network security is effective and manages the access to the network. The duty of the network security is to target the threats and stops them from spreading to the network of an individual. The network security is a combination of the various layers of the defenses in the network. Each layer has its policies and controls (Stallings & Tahiliani, 2014).

Information Security and Network Security

The Kerberos is an authentication protocol that is designed for the internet protocol and the transmission control protocol. This service acts on the concerned network acts as trusted intermediary. This application allows the clients to access to other different clients and services on the respective network. This application keeps a database of the various clients and their protected keys. The services require the authentication of the clients by registration of the password keys with this application. There is the creation of the shared password session that is provided to the client and the server for the encryption of the messages. For the purpose of the encryption the Kerberos uses DES that is the data encryption standard. The customer or the client has make a request for the ticket granting service from the application and then this application sends the ticket to the respective client that has the encryption of the client password key. The generation of the authenticators by the client is done by sharing the password keys.  If the credentials provided by the client are approved, then the server grants access to the service (Mahajan & Sachdeva, 2013). There is a possibility to replace all the client Kerberos software with a version, which records the passwords.

These use the SSL (Secure Socket Layer) protocol for providing a reliable and secure service on the Transmission Control Protocol. The web security threats are located at the server or the customer and include passive and active attacks. The passive attacks comprises of the access to the network traffic between the browser and the server and accessing the restricted information. The active attacks comprise of the impersonation as another user and alteration of the messages and the information on a website. There are security parameters to define the association between the browser and the server. There is provision of the confidentiality by using the symmetric encryption and message integrity. The message integrity is determined by the shared password key, which is used in the form of the ‘message authentication code’. During the alert, there is through a simple warning and if the alert is fatal then there is termination of the connection. The alert messages are sent using the codes (Kumar, Ashok & Subramanian, 2012).

This application is an agenda of the open standards that ensure private and secure communications over the internet protocol networks using the cryptographic protection services. This security is a collection of protection services that are cryptography based. The authentication and the privacy mechanisms of the protected internet protocol provide the basis for the security strategy for the individuals (Park et al., 2012). There is protection of the pair of hosts and security gateways. There is the provision of the authentication of the origin of the data, encryption that ensures the data is not leaked and the data has not been changed on the way. There is also detection of the things that are received more than once so help to protect against the defiance of the service attacks. The implementation of this application enables the provision of a strong security. This application is below the transport layer and is transparent in nature. The implementation of this application in the end system does not affect the upper layer software and the applications. This application also provides security to the individual users if required.

Information/Network Security Applications

The Company at present and compiling the recent scenario is exploring option to expand its business opportunities in the next five years to its other branches within the information and the communication technology. The Company also plans to expand its business to all parts of Australia and if possible overseas also (Franke & Brynielsson, 2014). The future options of this organization are to diversify the business to provide the ongoing information and the network security services to the various businesses, which have a presence on the online platform. This will require management of the online security of those organizations, websites and the database of the clients. The world is changing at a pace and there are risks to the information assets of the businesses and the individuals. Online applications, cloud computing and the mobility are the new technologies that are adopted as the value of the information is high and is a major organizational asset. The incidents of the cyber attacks, cyber spying, ransomware, threats of the insider are reported frequently. The immunity to these security breaches is low hence, the usage of the applications that specialize in the information and the network security area is necessary. Before the consideration for expansion of the business, there are some points to be kept in mind. The managing of the new locations for the expansion is necessary (Barnaghi et al., 2012). There has to be the managing of the energy and the resources between the new and the old locations. It has to be kept in mind if the expanding entity will be a separate entity or subsidiary of the main Company. The tax implications and the policies have to be kept in mind. A comprehensive analysis of the financial investment is important. The information about the competitors and their operations is necessary. The performance of the competitors also has to be tracked and analyzed.

• A market segmentation analysis has to be done firstly. The SWOT analysis of the Organization has to be performed before the expansion of the Company all over Australia and overseas.
• There has to be a development of a strategy and a business plan.
• The setting of the reasonable goals to measure the progress and the cost benefits has to be done by the management.
• The tactical project has to be planned with commitment of the dates.
• The government and the industry specific regulations have to be ensured and reviewed with proper certifications.

The off-shelf software has a lower up-front cost that contains the features that is required. The support can be added with the maintenance contract and the upgrades are provided at a reduced cost. If the software is a software-as-a-service them there is o requirement of installation of hardware or software (Barnaghi et al., 2012). The customization may be started with the minimum necessary requirements and can be added on later. This can be also tailored according to the needs and the processes of the organization. The desired changes can be made quickly. However, there is high initial cost involved. Most of the changes and the features that will be requested will have to be paid. The ramping up of the new developers may incur additional costs. While the in-house software will be produced by the organization that may later be available for the commercial use and be on the solitary judgment of the organization, which is developing. The need to develop this software is when there is the non-availability of the software in the market. Both the customization of the off shelf software and the development of the in-house software has its pros and cons but the customization of the off-shelf software will enable the Company in the opportunity to expand its business (Choo, 2014).

Web Security Standards

The ‘security adults’ helps to identify the security risks and the validation of the protection devices. The security adults enable the laying of the groundwork for identification to secure the infrastructure. These also provide the objective insight on the effectiveness of the complete security program (Barnaghi et al., 2012). The ‘managing security’ helps to manage the security flaws. There is the maintenance and administration along with the reliable monitoring and evaluation of the events, which take place on a daily basis. The advancement in the security management software has reduced the responsibilities of the security personnel. The ‘security policy’ is another reason for the success of the organization. The company has an information security policy and the company expects to conduct it themselves with the matters that affect the security position of the business. Some policies are related to security and the other policies are in terms of their impact to the security risks regarding to the non-IT employees. The security is classified as the deep technology category and there is the use of the complex techniques that includes the block chain. The fusion of the technical expertise with the domain expertise is a powerful combination (Alrajeh, Khan & Shams, 2013).

There may be common misconceptions arising in the organization. There has to be the availability of the latest data-loss prevention tool with the organization. The fundamental issue within the culture of the organization that may cause some risks to arise is a problem. The applications of the traditional security strategies also tend to give rise to risks. These traditional security methods do not provide the visibility f the different risks. There is security risk in the culture and the enforcement area also. There are certain manners and activities, which correlate to the likelihood of a breach-taking place (Vacca, 2012). There has to be the provision of the necessary data that support the strategic decision-making, if these are not provided then risks will arise which may lead to the failure. The choice overload may also be a reason for the failure of the plan to expand the business (Barnaghi et al., 2012). The underinvestment for this plan for expansion may lead to the failure of the expansion plan.  There can be threats by the hackers and of the cyber breaches. The organization has to be prepared for these threats and attacks. It will be impossible to respond to each one of the reported attacks but the company has to be alert at every moment.

IP Security Application

Conclusion

Thereby the following report is an investigation of the possibility of the expansion of the business. The following report gives the discussion regarding the information and the security functions that are there in the market at hand and its uses. The report has provided with a focus on the protection and the technical aspects of the advantages and the risks involved. The respective Company is a small software organization that was established less than five years ago. The software organization is based in Melbourne. The company deals with the expansion and the customization of the applications that concentrate in the information and the network security area. The Company at present and compiling the recent circumstances is exploring option to increase its production opportunities in the next five years to its other branches within the information and the communication technology. The events of the cyber attacks, cyber spying, ransomware, threats of the insider are reported frequently. The immunity to these protection breaches is low hence, the usage of the applications that focus in the information and the network security area is necessary. Before the deliberation for expansion of the business, there are some points to be kept in mind, which have been discussed in the report. The managing of the new locations for the expansion is necessary. There has to be the managing of the energy and the resources between the new and the old locations. The network security is effective and manages the access to the network. The duty of the network security is to target the threats and stops them from spreading to the network of an individual.

1. There should be the implementation of the network segmentation. This comprises of the classifying and the categorizing of the information and technology assets, data and the employees into definite groups. The placing of the resources in the different areas of the network of the organization will not allow the exploitation of the entire system. If this is not there in the system of the Company then the cyber threats will make the organization vulnerable (Enck et al., 2014).
2. There should be usage of the secure remote access methods, which have the ability to connect to the network in a remote manner. This enhances the convenience for the end users. The encrypted data channel allows for sending and receiving data through the public infrastructure. With the help of the Virtual Private Network, the users will have remotely access to their resources.
3. There should be use of strong passwords only to keep the system and the information secure. The use of different passwords for different accounts will enable better control. The passwords should have eight characters approximately and the greater number of characters will need the hackers to guess more. The installation of the new software should have the ability to change all the passwords with permission of the user.

References

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Vacca, J. R. (2012). Computer and information security handbook. Newnes.