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Leakages Of Confidential Information In Business Organization: Causes And Effects
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1.6 SIGNIFICANCE OF THE STUDY
The
worthwhile ness of this piece of work has put in place the need to
state some of the significance leakages of confidential information
business organizations. Because of the strategic nature of the
information, over the years, organizations have spent tremendous amount
of money (resources) in hope to protecting their important information.
However,
efforts have been made in focused on preventing outsiders from hawking
into the organizations, educating and securing data at rest. According
to analyst, the majority of all leakages are as a result of
unintentionally information loss from employees and partners, both
internal and external. The average information leakage costs
organization approximately N182 per record (according to pneumonic
institution).
The high cost of a breach can have a profound effect on
organizations, market presence, and competitive advantages as a result
of damage to brand and reputation and loss of customers. As
organizations invest millions in business systems, increasing
availability information to build or maintain a competitive edge there,
remain a slew of security related considerations.
1.7 SCOPE OF THE STUDY
The
scope of this study is specifically on causes and effects of leakages
of confidential information in business organizations. The study covered
three selected business organizations in Owerri, Imo State. The
organizations include Nigerian Bottling Company (coca-cola), Power
Holding Company of Nigeria (PHCN), and Nigerian Tele-communication Plc
(NITEL).
1.8 LIMITATIONS OF THE STUDY
In the process of carrying
out this study, a lot of unit action came up as limiting forces and they
include the following forces.
Lack of adequate fund to cover great part in the case of interview and observations.
Restrictions possessed by some Executives and Secretaries in the company who are unwilling to give out information freely.
Shortness of time also affected the research work negatively.
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ABSRACT - [ Total Page(s): 1 ]Leakages of confidential information are an action or result of disclosing of secret information. While record is a document preserving piece of evidence or information constituting an official account of something that has been said and occurred etc. Having known the meaning of the key words we can now see that leakages of confidential information are all about the disclosure of official documented records. Based on the foregoing, we see the causes and effects of leakages of confidential in ... Continue reading---
