Reference no: EM133172232

Nearly all organizations get hacked. Several major private and public sector organizations have been hacked. In a recent survey conducted of over 500 US-based companies, 90% of the respondents indicated their organization's computers and work systems had been compromised by hackers at least once in the previous 12 months.

Protecting against Data Theft and Data Loss, USB flash drives, smartphones, and other mobile devices and storage media pose a security threat to organizations. Theft, loss, or disgruntled employees can leak company data. Lost and stolen laptops can result in unauthorized users having access to confidential information such as social security numbers.

Panotech's governing board members are deeply concerned about the CEO's intent to move forward with the promotion of electronic healthcare records. They are uncertain if the appropriate measures have been put in place to mitigate the risks and remain in compliance with HIPAA regulations.

What type of information system can be implemented to solve this issue?

• What additional changes to business process do you foresee being required in order to successfully implement the system?
• What evidence can you provide that this will be a financially sound investment for the firm?