March 18 DQ Responses

Q1. Read the below paragraph and write your opinion about 150 words with intext citation and a reference.

A company's most valuable assets come from various sources, including its people, technology, and data. However, the most valuable asset of a company is its people since they create, develop, and operate the technology and collect and analyze the data (Abawajy, 2014). Therefore, protecting the people and their knowledge should be a top priority for any organization. Information about how to operate the business can also be a valuable asset, particularly if it is proprietary or confidential, so safeguarding this information through security policies and procedures is crucial.

           Technology is also essential asset for companies, particularly those in the technology sector. However, technology is important to cyber threats and attacks that can compromise the security and integrity of the firm's data and operations (Stoneburner et al., 2002). Therefore, companies should focus on implementing robust cyber security measures to protect their technology assets. Lastly, the  collected data and stored about the firm and client can be a important asset that gives insights into consumer behavior, market trends, and other critical information that can help companies make informed decisions. Companies should prioritize data protection and privacy policies to safeguard this valuable asset. A firm should aim its core security policy systems on protecting its technology, information and data assets.  

Q2. Read the below paragraph and write your opinion about 150 words with intext citation and a reference.

The most significant assets of a corporation are derived from a variety of sources, including its people, information, technology, and data gathered about the business and its clients. People are the heart and brains of a business, providing the motivation and operational expertise. The company could not function without its employees. The use of technology is crucial to a business' success. Networks, servers, and computers are all essential to a business's operation (Cappa et al.,2021).Finally, information gathered about the business and its clients offers insightful information on performance and client preferences.

Given the significance of these elements, a business should concentrate all of its major security systems and procedures on them. To make sure that workers are aware of cyber security concerns and know how to defend themselves, employee education should be a top priority. To safeguard the company's data and technology, security policies should be put in place. Last but not least, it is important to have data gathering procedures in place to guarantee that client data is kept private and is not disclosed to unauthorized parties.

The people, knowledge, technology, and data that make up a company's most valuable assets are a combination of these four elements. A business needs to make sure that each of these elements is secure in order to continue operating successfully. A business may safeguard its most important assets and guarantee long-term success by putting a strong emphasis on personnel training, security measures, and data collection procedures (Talha et al.,2022).