Information Technology Hilcorp Energy Company
The report provides practical security assessment on the method Hilcorp Energy Company employs to implement security practice and procedures on the company assets. The report uses in-dept interview for data collection. From the data collected, it is revealed that the management has a greater understanding on the importance security measures on the company IT assets. Thus, the company employs different strategies to enhance security of the company assets. While the company takes practical measures to implement adequate security devices for the company assets, the report identifies some loopholes in the company security practice and procedures. To enhance the security measures on the company assets, the report suggests that the company should implement more security measures such as the use of public key cryptography technique, IPS, and the use of multi-layer firewall to increase the company security practice and procedures.
Network security in global contexts
As many companies face increasingly tighter travel and entertainment budgets, face-to-face meetings are not as viable as they have been in the past. The ability to still accomplish the same results from remote locations, often uniting experts globally, has continued to show significant potential to reduce costs while also increasing productivity and accuracy of communications. The ongoing developments and improvements in Web conferencing have also led to greater levels of trust in Web conferencing relative to previous generations of these technologies. The economics of using Web teleconferencing have become too strong to ignore, with many of these secured systems capable of paying for themselves in two years or less (Suduc, Bîzoi, Filip, 2009). Nearly all companies who produce Web conferencing systems are continually investing heavily in the core technologies of authentication, security and single sign-on technologies to ensure the security of their platforms (Xirasagar, Mojtahed, 2010). Security has clearly emerged as a key success factor for the adoption of Web conferencing systems, as the economics of these systems can show positive ROI with just 15% adoption through a global enterprise (Baker, Hanson, Myhill, 2009).