An Empirical Study on Information Security

International Journal of Trend in Scientific Research and Development (IJTSRD)
Volume 4 Issue 4, June 2020 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470
@ IJTSRD | Unique Paper ID – IJTSRD30888 | Volume – 4 | Issue – 4 | May-June 2020 Page 186
An Empirical Study on Information Security
Bhavya Verma1, Purva Choudhary1, Dr. Deepak Chahal2
1MCA Student, 2Professor,
1,2Department of IT, Jagan Institute of Management Studies, Rohini, New Delhi, India
ABSTRACT
Information security or Infosec worries with protecting information from
unauthorized access. Its a part of information risk management and it
therefore involves preventing or reducing the probability of unauthorized
access, use, disclosure, disruption, deletion, corruption, modification, inspect
or recording. In this article we will talk about the IT security, various threads
to information security, different obstacles of information security and the
various ways in which internet can be lucrative.
KEYWORDS: Information, Security, Virus, Authentication
How to cite this paper: Bhavya Verma |
Purva Choudhary | Dr. Deepak Chahal "An
Empirical Study on Information Security"
Published in
International Journal
of Trend in Scientific
Research and
Development
(ijtsrd), ISSN: 2456-
6470, Volume-4 |
Issue-4, June 2020,
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INTRODUCTION
Information security is also called as InfoSec. It is not all
about security information from illicit access, rather it’s the
practice of preventing illicit access, disclosure, inspection,
recording, etc of information.Thepreeminentofinformation
security is the balanced protection of the Confidentiality,
Integrity and Availability (also known as CIA). Security is
looked in terms of how data is stored, coded, transmitted,
encrypted and deleted. Various statistics has shown that
companies take security of the data of an individual with
very high priority [1].
IT Security
IT security is also known as computer science, which talks
about security to technology. Computer security are not just
needed at homes these days, hackers worldwide are smart
enough to penetrate through huge servers leaking all the
required information, thus in these cases, IT security is
needed. This scenario may be expensive,a significant breach
costs an organization far more. Big breaches almost
jeopardize small businesses leading to huge fall out of these
small businesses.
Even though information security and IT security sounds
familiar, but the difference that lies between them is that in
infosec, various set of tools are designed which helps in
providing sensitivity in business sector, where as computer
science talks about security to data which becomes limited
within the digital world.
Threads to information security may encompass following:-
1. Computer viruses
Computer virus was introduced by Ran Weber in 1999,
which is a vile software which crosses the thresholdintoour
computers without consent. It creates a replica of itself
heading to activate its malicious activities and thus continue
to spread all over the system.
2. Theft
Any theft on the hardware, software or the data of any
organization leads to huge loss to the organization
3. Sabotage
Sabotage, as the name suggest, means deliberately
destroying anything. Hackers worldwide have an in-depth
knowledge of how they could sabotage information of the
organization which could cause maximum vandalism to the
system.
4. Vandalism
Vandalism affects hardware, software and the data of an
organization wilfully leading toitseffectintheentiresystem.
ISO 27002:2005 defines information security for prevising
into three major elements:-
I. Confidentiality
Any unintended sourceifhindersinsidetheorganizationhad
to be put to a stop. This is done through confidentiality. All
sorts of secrete, sensitive and protectionpronedata needsto
be kept away from all the malicious invaders.Confidentiality
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can only be accessed depending upon the availability and
accessibility by the trusted users only. Protection can be
done with the help of encryption, access control structure,
file permission, etc
II. Integrity
When we need to secure our data, it is not just limited to the
security of data, it involves various other factors also like
maintaining the consistency, accuracy, trustworthiness, etc
of data. It is very important in data security that it does not
just provide the access to ensure that the data cannot be
changed or alter by malicious officials. Integrity to data
security can only be ensured by implementingtheconcept of
file permission and user access controls in addition to these
two vital concepts, it is very important to place some means
for detecting any changes in data that might occurasa result
of non-human caused events. All sorts of backups or
redundancies which has to take place must be available to
restore the affected data and secure itstrictlyforfurtheruse.
As all the existing technologies somehow have a loop hole
that cannot be removed or is being improved to remove the
potential threat loop hole [2].
III. Availability
Availability is best ensured by tightly storing all Hardware,
performing hardware repairs as soon as needed and
maintaining an efficient packet space freed from software
conflicts. It is also important to stay current with all the
program upgrades required. Providing adequate
communication bandwidth andpreventingtheemergenceof
bottles is very important. Backtracking, poor performance,
RAID and even high availability teams can reduce the
adverse effects when hardware issues arise. Rapid and
harmonious disaster preparedness is essential in cases of
serious crime; that authority depends on the existence of a
comprehensive disaster recovery plan (DRP). Protecting
protection against data loss or interruption in connection
should include unexpected events such as natural disasters
and fire. to prevent data loss from such occurrences, a
backup copy may be stored at a location-based location, or
perhaps while fireproof, not securely waterproof. Today,
networks are complex arrangements that cannot be left to
chance. Each design must be researched,assembled,proven,
and then implemented [3]. Additional security tools or
software such as firewalls and proxy services may monitor
downtime and inaccessible data due to malicious actions
such as service-Do-service (DoS) attacks and network
attacks.
Obstacles to information security:-
I. Financial Services Workers Fooled by CD Scam
Studies conducted in the financial district of London have
shown what years of security experts say: employees - even
those who work with the most sensitivefinancial data -don't
know or don't care about basic security measures.
In this study, CDs were given to passengers as they entered
the city. Recipients were told that the discs contained a
special Valentine's Day promotion. In fact, the CDs contain
something other than the code that informs the company
that was doing the work on how many recipients tried to
open the CD. Among the deportees were employees of the
world's largest retail bank and two insurers.
Employees, by installing the CD in their offices andinstalling
it directly on their PCs, go far beyond the security of their
company. Experts say employees need to understand that
they are the first and easiest way in their company's
network.
II. Security Incident Investigations Within Banks
The method of bank security investigations is receiving a lot
of attention these days. In the past, standardproceduresand
procedures for responding to an incident were acceptable.
However, due to security practices and regulations that
directly affect banks, theseinstitutions requireverydifferent
approaches to their security investigations to account for
these new regulations and security measures.
Security incident investigations are activities aimed at
answering questions (when, where, what,towhom,howand
why) regarding a specific event that affected an
organization's informationorinfrastructureinanunwanted,
anonymous and / or illegal manner.
In comparison with many other types of security checks,
security incident investigations are more environmentally-
friendly (e.g. an incident has already been identified), and
this puts additional pressure andtime/resourcescompared
to other security activities.
However, security incident investigations are not entirely
independent of other data security operations. Other
functions may provide useful input before / during an
investigation, may be started as a result of an investigation
or accept as input of a search result.
III. Trouble In Authentication
Bank fraud and identity theft are a shock to both the banker
and the consumer. The number of consumers involved in
widespread credit card fraud would be great. The impact on
people's bank accounts is likely to increase acceptance of
"disruptive technologies", e.g., hardware tokens. This could
be a storm suitable for banks. You have the customer's
permission to tell them what to do.
Large banks have been working for many years in ensuring
the integrity and are ready to take on this challenge. What
concerns me most about community banks and credit
unions. They are currently having a difficult time competing
with online banks and payment of taxes.
What's wrong with multitasking? The problem with
customer authentication information is that it is provided to
the customer. Someone asks as you might have your social
security number, yourmother'smaiden name,andyouknow
the name of your first pet, first-born, and your favourite
food.
If I have your laptop, your fob, your wallet and everything
else in your wallet, you're out of luck. If I use a thumb print
gun, I only have one print name for it.
Anything that can be contained in a database can be
extracted from a database. Everything in your home, car,
office, hotel room and Starbucks can be stolen. We need to
come up with something stolen. The difference betweentwo
things and a lot of things is just the number of things I need
from you.

Enter the authentication at risk. The risk analysis engine will
look at your banking performance, analyse it, and the
differences in the flag. This is similar to how access control
systems work. If there seems to be something very unusual
about the online banking area of the work, or the number of
transactions, or the number of transactions, the sale is
significant.
While banks pursue dual-user authentication, website
authentication is still a problem to be solved. With user
authentication, the user is authorized by the bank. But what
about verification of the bank's website to the user? How
does a user know that he or she has come to the right
website rather than the phishing site?
The authentication vendor of your choice must be able to
demonstrate not only the strict user authentication method,
the online risk management method, but also the website
authentication method. Electronic signatures areoneway of
looking at website verification.
IV. Phishing: An Insidious Threat to Financial
Institutions
Illegal hacking using illegal emails to get people out of their
account numbers and passwords is on the rise. Hijacking
product names of banks, merchants and credit card
companies, chefs often make recipients accountable. Under-
hacking techniques instil fraud on PCs to steal information
directly, sometimes using the Trojan keylogger software.
Fortunately, a combination of technological solutions exists
to detect and reduce cybercrime attacks. The long-term
solution is the use of law and industry resources to quickly
identify and deter hackers, as well as government
intervention in Asian andEasternEuropeancountrieswhere
organized crime is rampant. However there are a number of
steps that individual organizations can take and which
should take a different approach.
The first thing to understand is that identitytheftculminates
in a social engineering revolution, where victims are misled
into transmitting information that can be used to hijack
accounts or create other mayhem.
In addition to stealing sensitive data,theFDICsaid,attackers
can resort to other means to steal information, such as
hacking, retrieving hard-copied documents or staring at
someone, using the contents, and uploading malicious
software to a consumer-owned computer.
There are two main reasons why phishingandothertypesof
attacks have been used more often and with increasing
success. They should cause identity theft, and some account
theft: User authentication by the financial services industry
for remote customer access is weak, and the Internet has no
E-mail and Web site verification.
V. Online Activities at Work
Buyers in the U.S. They are responding to the increasingfear
of online identity theft. Businesses - especially those in the
financial services sector - must counter this trend by
emphasizing their efforts to deploy acquisition-based
applications.
A new survey (see below) shows the first evidence that fear
of identity theft is starting to take online usage statistics.
Internet usage rates are very important for banks and other
financial services institutions. The sector is characterizedby
high competition,small differencesbetweeninstitutions, and
low levels of customer loyalty.
Two key strategies have emerged in the struggle to growthe
size and scale of the current customer base:
Maximize Internet Bank usage. By increasing the
percentage of customers who use online services,banks
can increase their customerrevenue,reducetransaction
costs, and increase long-term reliability.
Lower the churn. By reducing the percentage of
customers converting their business to another
institution, banks can maintain market share in a
competitive market otherwise.
Although there are fears about a Consumer Reports survey,
the need for Internet-based banks continues to grow. The
Pew Internet & American Life Projectreportsthatmorethan
50 million adults are now banking online. This figure has
increased 47% since 2002.
Info-Tech sees the online market as a symbol of the great
competitiveness of the banking sector. Despite the growing
demand for the market, the perception of risk is seen as a
threat to the ongoing access to online services. Building
better software andleadtosomegoodreproducibleresearch
as compared to virtual machines [4].
Institutions that redirect their contributions to addressing
security concerns and meeting the need to explode will
receive a competitive advantage over those who choose to
take a conservative approach. Banks can pay for this
practice.
Ways to Make the Most of Internet Use:
1. Address security forward. Issues of identity theft have
become a major concern for consumers. Online marketing
efforts should focus specifically on the steps the bank takes
to protect all usage and personal data. Create a program to
communicate the following key issues:
Messages are sent to the home business page detailing
specific steps the bank is known to have taken.
A direct product of the bank's security efforts. Include this
product in all customer publications.
The FAQs outline steps that customers can take to increase
their online safety. This includes using 128-bit-encrypted
browsers, never responding to e-mail from any bank, and
warning signs of URL URLs.Tomaximizepurchases,focuson
cost and time savings for consumers.
2. Track current usage. Understand how current services
are used by using Web analytics to get end-userinformation.
Research customers to better understand why they use
online resources. Include inspections of branch servicesand
telephone services and ensure that all points of contact are
made.
Describe the first answers to this data. If the key
performance indicators are violated, have a plan to explain
who is doing it and who is funding it to address the issue.

3. Educate the customer. Do not assume that all customers
are automatically ready to go online. Late immigrants may
need more supervision and training before they can be free.
Add FAQs and other training content to the centre’s website
to make sure they get the help they need.
4. Look to leaders. The Canadianbankingmarketis leading
the world in online banking penetration. According to a
recent report by comScore Media Metrix Canada, 40% of
Canadians use online banking services.
Conclusion
Information security as we can understand is a key
instrument in IT security when we have to talk about. It can
never be taken lightly while consideringthereverberation of
its failure and the corresponding after effects which can
affect the entire system. It becomes escalating important as
the level of safety and the responsibility that is required to
ensure business continuity and safety for the information
that is derived from the data used in the system. A look at
top threats was identified as computer virus, theft, sabotage
and vandalism. Thus,ISO27002:2005hasdefinedtheneedof
preserving information security with three majorelements:
Confidentiality, Integrity and availability.
References:
[1] Bhutani S. et al, Data privacy and security issues in
India: An empirical study, International Journal of
Research in Engineering, Volume 1; Issue 4; October
2019; Page No. 15-17.
[2] Chahal D. et al. Cyber Securence Affected by Big Data
and Artificial Intelligence, International Journal Of
Innovative Research In Technology, Volume 6 Issue 6,
November 2019.
[3] Bhatnagar A. et al. Juniper Networks: An Overview of
the Concept, IJSRD - International Journal for Scientific
Research & Development| Vol. 6, Issue 10, 2018.
[4] Kharb L, Automated Deployment of Software
Containers Using Dockers, International Journal of
Emerging Technologies in Engineering Research
(IJETER) Volume 4, Issue 10, October (2016).

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