Cybercrime and Strategic Decision Making Term Paper

Cybercrime and Strategic Decision Making - Term Paper Example As the study stresses the development of information technology has been driving the world towards becoming more digitalization. The digitalization of the world has lead towards the emergence of new and potential threat of cybercrime. Different types of cybercrime have been constantly increasing with which the business communities are frequently required to deal. The increasing cyber-crime and hacking are firmly driven by several factors. That may include nation-states and political goals. Simultaneously, the frequency of cyber-attacks such as hacking has soared to manifold in the recent years and has been practiced routinely. The major global corporations in the recent time have been experiencing an increased level of hacking events. From the report it is clear that cybercrime is often regarded as a set of practices associated with computer crime, which involves breaching security policies and accessing confidential information through an unauthorized access. It is a particular instrument to conduct illegal activities such as fraud, unauthorized access, intentional system malfunctioning or damage of other’s electronic assets. The economic consequences of cybercrime and hacking are conceived to substantial particularly for the businesses engaged in e-commerce. The immediate impact cybercrime and hacking on the organization is associated with the damage to IT system. The organization falling victim of these cyber-attacks is likely to experience disruption of business functioning as well as delays in transaction and cash flow

Labour education and extensive employee development Essay

Labour education and extensive employee development - Essay Example Employee learning explains the process of acquiring knowledge through curiosity to learn. It is a mind-set that has anxiety to get information. Employee learning and labor education will definitely increase the abilities and competency of the employee (Dixon, 1999). Employee development and labor education have become the burning questions for today’s human resource management. Increased downsizing brought by organizational change has amplified the needs of employee development because the labor is needed to be more flexible and responsive at all levels. In the recent years, employee development schemes have seen exponential growth because the learning atmosphere in organizations is boosting. Donaldson (1993) asserts that the organizations have realized the importance of workforce and the need for their education and development in work place (as cited in Lee, 2012). Developing employee abilities can make them more adaptable to internal and external working requirements and definitely add to their learning and confidence which bring in higher productivity to the organization. A research by Lound, Rowe and Parson (2001) confirms that EDS (Employee Development Schemes) have been employed at extensive levels both in public and private organizations. These schemes add loyalty, confidence, and commitment which boost learning in the work place. IRS (1993) puts it as: â€Å"Employee development schemes are proving to be one of the successes of human resource management. They can have real business advantages, creating some of the right conditions for organizations to transform themselves into what has been called the ‘learning organization’, but what might as appropriately be termed the ‘continuously changing organization’, given economic imperatives and a positive impact on individuals’ self-esteem and confidence (as cited in Maguire, 1997). Chris Argyris referred to this commitment as a â€Å"psychological contract†