Abstract :
Electronic information has become a similarly valuable currency with in the private, commercial space. While sharing more and data with customers, suppliers and partners can help streamline processes, by saving time and money, through automation, which can also expose companies to greater security risks. Such risks can involve the exposure of financial, competitive, or personal data, which are all protected by legal conventions and authorities. So, organisations now mitigate these risks by mandating partners and suppliers to have certain levels of security in place before they will transact with them.
Keywords :
business data processing; legislation; organisational aspects; security of data; IT security legislation guide; electronic information; legal conventions; organisations; process, streamlining; security risks;