Security as an organisational objective
A goal to protect data and systems, because a security failure can damage an organisation's reputation, finances and ability to keep operating.
Understanding Security as an organisational objective in VCE Software Development U4O2
What it does: This objective links protecting customer data to reputation and customer trust, which can be damaged by a breach. This objective ties security to financial loss and legal compliance, because incidents can lead to fines, legal costs and lost income. Security is a goal in itself because a failure harms the whole organisation, not just the technology. Customers who no longer trust the retailer with their data may take their business elsewhere. Incidents cost money through investigation, recovery, lost sales, ransoms and penalties. Business continuity means the organisation can keep operating. Locked systems stop it from doing so. Organisations are legally responsible for protecting personal information, such as under the Privacy Act 1988.
Common mistakes: A data breach damages customer trust, so trust should go down. The line should be trust = trust - 20. The total financial loss from an incident is the fine plus the recovery cost added together. The line should be loss = fine + recovery_cost.
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This module's key terms are also in a printable crossword (Modules 1–22) and word search (Modules 1–47).
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