There are different drivers of mitigating the information security risks and this are related to the adoption of information security and the different privacy standards that are used effectively in mitigating the risk. On the other hand, the threats to different kind of information privacy as well as security will vary from the inadvertent events to different kinds of deliberate attacks that pose risk to the small and the medium enterprises. On the other hand, I think that it increases the trust of the consumers because the users are much more concerned in handling the data and thus trust plays an important role in the decision making process in the organisation. There must also be adoption of better standards and this indicates that the customers are committed for the development of the organisation in the long run. They also help in enforcing the different types of security mechanisms that plays an important role in protecting their data (Yeboah-Boateng and Essandoh 2014).
According to Ernest Chang and Ho (2006), the different security products or technology cannot play an important role in protecting the organisation without better management implementation as well as policies. It can be said that information security is not considered to be a primary technical problem for the different organisations but it is considered to be an important management issue. It is restricted by different factors and it is the responsibility of the organisation to work in accordance with the business partners with the help of different communication networks. During the data exchange process, there must be no security problems and a proper information strategy is necessary in this case. Dojkovski et al. (2007) has stated that the small and the medium enterprises are in a disadvantageous position in the development of secured employee behaviour. There must be strong and proper information security culture in the SME’s and this may be due to the behavioural issues in the organisation. There are certain conceptual frameworks in different organisations that helps in the development of information security culture that are fragmented and preliminary for every organisation.
According to Subba Rao et al.(2003), it has been stated that the SME owners are not considered to be supportive of any type of information security neither in time or in budget. The SME’s that are based in the particular home country will not pay huge cost for security issues. There are some people who lacked specialised knowledge in different security technologies and it is necessary to retain this security and thus provide immediate convenience. On the other hand, it is also necessary to give higher priorities to the other business tasks and the SME’s reviews the necessary information security that is required in this case. Sultan(2011) has stated that the organisations also use different types of cloud based software for up gradation of IT technology and there must be continuous up gradation of the different software’s and hardware’s that are used in the entire system. There are many companies that are using the cloud computing services and thus they are able to take advantage of the new systems and processes at an affordable cost. There are different complexities faced by the organisation in computation of the cloud services and these are controlled by the vendors and appropriate security is provided to them accordingly.
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According to Dimopoulos et al.(2004), it has been found that the environment of SME’s are characterised by the lack of IT security system and there are many organisations who do not employ proper people in accordance with the size of the organisation. However, in some cases, it has been found that the organisations sometimes face serious difficulties in the incidents that take place and thus there lies no point of contact among the different organisations. I think that the different factors and the barriers plays an important role in pursuing the adoption of different standards and thus it will help in improving the information security and also standardize the different security level in the SME’s . There must be better public administrations and this will help in the development of the centralised catalogues with the available information and thus it will be applicable in case of SME’s. Moreover, I also find that the SME’s that are developing must try to build better information standards and thus promote in the participation of the development process that will help in enforcing the compliance standards and supply necessary information accordingly.
Dojkovski, S., Lichtenstein, S. and Warren, M.J., 2007, January. Fostering Information Security Culture in Small and Medium Size Enterprises: An Interpretive Study in Australia. In ECIS (pp. 1560-1571).
Ernest Chang, S. and Ho, C.B., 2006. Organizational factors to the effectiveness of implementing information security management. Industrial Management & Data Systems, 106(3), pp.345-361.
Ernest Chang, S. and Lin, C.S., 2007. Exploring organizational culture for information security management. Industrial Management & Data Systems, 107(3), pp.438-458.
Gupta, P., Seetharaman, A. and Raj, J.R., 2013. The usage and adoption of cloud computing by small and medium businesses. International Journal of Information Management, 33(5), pp.861-874.
Kluge, D. and Sambasivam, S., 2008, November. Formal information security standards in German medium enterprises. In CONISAR: The Conference on Information Systems Applied Research..
Subba Rao, S., Metts, G. and Mora Monge, C.A., 2003. Electronic commerce development in small and medium sized enterprises: A stage model and its implications. Business Process Management Journal, 9(1), pp.11-32.
Sultan, N.A., 2011. Reaching for the “cloud”: How SMEs can manage. International journal of information management, 31(3), pp.272-278.
Yeboah-Boateng, E.O. and Essandoh, K.A., 2014. Factors influencing the adoption of cloud computing by small and medium enterprises in developing economies. International Journal of Emerging Science and Engineering, 2(4), pp.13-20.