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Research Paper: Outline Security Policy. Scenario: To stay competitive in the fi

ID: 638419 • Letter: R

Question

Research Paper: Outline Security Policy.

Scenario: To stay competitive in the financial institution market, the First World Bank Savings and Loan wishes to provide all banking services online to its customers. These services also include the online use of credit cards for loan applications. The organization estimates over $100,000,000 a year in online credit card transactions for loan applications and other banking services. A task team has been formed to study the cost, performance, and security of maintaining a Linux and open source infrastructure. According to rough estimates, annual cost savings in licensing fees alone can be up to $4,000,000. At the same time, the confidentiality, integrity, and availability (CIA) triad perspective needs to be taken into account for infrastructure maintenance.The task team has engaged a network engineer with the network and routing design. The team has determined the following server services that would be needed to support the online transaction infrastructure:

?? A database server

?? A Web server

?? A file server

?? A Simple Mail Transfer Protocol (SMTP) server

?? A Lightweight Directory Access Protocol (LDAP) server

All servers would be physically located in a third-party data center.

Explanation / Answer

Understanding the Service Sector

Services make up the bulk of today's economy, not only in the United States andCanada where they account for 73 percent and 67 percent of the gross domestic prod?uct (GDP), respectively, but also in other developed industrial nations throughout theworld.

1

Figure 1.1 shows how service industries contribute to the economy of theUnited States relative to manufacturing, government (itself mostly services), agriculture,mining, and construction.The

service sector

accounts for most of the new job growth in developed coun?tries. In fact, unless you are already predestined for a career in a family manufacturing oragricultural business, the probability is high that you will spend your working lifein companies (or public agencies and nonprofit organizations) that create and deliverservices.As a nation's economy develops, the share of employment between agriculture,industry (including manufacturing and mining), and services changes dramatically.Figure 1.2 shows how the evolution to a service-dominated employment base is likelyto take place over time as per capita income rises. Service jobs now account for 76 per?cent of private sector payrolls in the United States, with wages growing at a faster pacethan in manufacturing jobs.

2

In most countries, the service sector of the economy isvery diverse and includes a wide array of different industries, ranging in size from hugeenterprises that operate on a global basis to small entrepreneurial firms that serve a sin?gle town.It comes as a surprise to most people to learn that the dominance of the servicesector is not limited to highly developed nations. For instance, World Bank statisticsshow that in many Latin American and Caribbean nations the service sector accounts

service sector:

the portionof a nations economyrepresented by services of allkinds, including those offeredby public and non-profitorganization.

internal services: serviceelements within any type of business that facilitatecreation of, or add value to,its final output.for more than half the gross national product (GNP) and employs more than half thelabor force.

3

These countries often have a large "underground economy" that is notcaptured in official statistics. In Mexico, for instance, it has been estimated that asmuch as 40 percent of trade and commerce is "informal."

4

Significant service outputis created by undocumented work in domestic jobs (e.g., cook, housekeeper, gar?dener) or in small, cash-based enterprises such as restaurants, laundries, roominghouses, and taxis.Service organizations range in size from huge international corporations like air?lines, banking, insurance, telecommunications, hotel chains, and freight transportation toa vast array of locally owned and operated small businesses, including restaurants, laun?dries, taxis, optometrists, and numerous business-to-business ("B2B") services.Franchised service outlets

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