Introduction
In 1992, when Muller returned to United States and got in rolled in HBS MBA program,he did a field study in which he developed a business plan for an internet based service providing business information on emerging markets.After his graduation he and his brother who was a computer and electrical engineer, decided to start a new venture.Theyestablished a company Internet Securities Incorporation (ISI) when the internet was still the toy of techies.The case was set in 1998 when they were finding it hardtofind finance the business. A memorandum was prepared by Donaldson Lufkin & Jenrette (DLJ) Bank that can enhance the sales of ISI for about $ 12.5 Million in a new equity capital which was submitted in May 1995.It was in October 1998,when CEO Muller was hoping that ISI’s current round of financing would be sufficient to fund the company. In 1998,ISI had accomplished itsgoals in 3 years period and after that itsuccessfully launched its new company ISI Emerging Markets which covered approx. 27 countries’ names such as Mexico, Colombia, Ecuador, Peru, Chile, Brazil, Argentina, Venezuela, Estonia, Lithuania, Poland, Czech Republic, Slovakia, Hungary, Bulgaria, Turkey, India, Latvia, Romania, Ukraine, China, Azerbaijan, Russia, Kazakhstan, Turkmenistan, Uzbekistan, Kyrgyzstan.
Internet Securities Incorporation Harvard Case Solution & Analysis
What is Internet Security
It is internet related computer security branch. It involves browser security andnetwork security whichare applied on an operating system because sometimes exchanging information has high risk of fraud, data being stolen and other cybercrime.
Common Security Problems
Sometimes some viruses rewrite codes this can harm and destroy data. Hackers have different methods by which they can create problems for business computers. Hacker might enter in business through the open port ore-mail spoofing.They can send fraud e-mails with the help of it andtry to capture company’s confidential data and passwords as well.
Basic Means Of Protection
The computer experts have developed different ways in order to avoid these kinds of threats.
Most common examples are Anti-Virus Software’s. In addition to this, many software companies keep their customers aware about new security updates. Firewall is also another example which acts like a web server routing traffic and it also controls the data hacking threats.
Different Ways Companies Should Improve Their Data Securities
1. Security hazard may evolve so it is not about safety, it is about data backups to recollect your important information in case if your system gets down.
2. Add backups like real time.Every company should add a web application firewall for its website to keep safe and should add real time backups. This would be the best safety plan and will allow you to recover any data loss.
3. Remain secure, watchful and strong.These three principles should remain in the minds for cyber security.Being attentive is a matter of continuity of monitoring of your data produced by company. Creating awareness of the risks and threats will help to create awareness of security.
4. Having a two-step verification process adds another part of protecting data, long passwords can also be a part of this security.
5. Reduce the amount of digitalized confidential information it can be done by making hardcopies and deleting unnecessary data.........................
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