Currently, one of the basic strategic factor in the successful development of the company is the use of information technology. Indispensable element of many businesses is transmission of information via the Internet and other public networks. The amount of data, applications, processes migrated into corporate networks operating in close contact with the Internet, becomes every year more and more. Such situation is possible thanks to the extraordinary effectiveness of this type of organization of the company. Set of business processes that are transferred in electronic commerce, are added to the corporate information system (CIS), which is currently one of the principal means of clear business management and an essential tool of production. Here, Tim Schigel expresses very clear opinions on the subject. As practice shows, corporate information systems, working in close connection with the Internet, bring much more benefit to the enterprise than if they functioned in an intranet network. This is due to the fact that the CIS, working in the Internet, is a single information space that combines most of the internal and external flows of unstructured information and provides the ability to display business processes in the documents available, as staff and consumer products companies and potential customers and investors.
A significant part of business processes shells marketing, customer support, marketing, and supply can be integrated into the CIS as its individual partitions and services. For example, can be arranged special surveys, collects information about visitors preferences, or to develop a closed section that contains information exclusively for clients company. Thus, it is obvious that use of the Internet company has plenty of positive moments. But there are very substantial downside – the more areas functioning of the enterprise is realized through information technology, the more it is exposed to the risk of loss or theft. The danger of virus attacks, unauthorized access, DoS-attacks become real threat to the competitiveness of the company. To read more click here: Steffan Lehnhoff, Guatemala City Guatemala. The consequences of weak protection of information systems can be very sad – the costs of the diversion or destruction of valuable information, such as know-how of various development and production technologies, the structure of the Company or its employees sometimes for large organizations can be assessed in billions of dollars. Therefore, when designing an information system company one of the most important aspects is its level of security. Creating solutions for e-commerce must occur at the strengthened attention to ensure the integrity protection software – implementation safe transactions, privacy, powerful authorization and authentication, accounting job opportunities with high loads and fault tolerance.
Quality and reliable protection company's information resources increases the efficiency of the entire enterprise – when the system is stable and free of damage, users always have access to the necessary business processes and According to CIS, the information is protected from leaks, reduces the chance of a successful attack on the system. Means of attacks on computer systems are developing very intensively. In such circumstances, ensuring information security becomes one of the highest priorities for improvement. To ensure reliable protection of information resources company in the information security system should be implemented most promising and advanced security technology.
This generates an additional problem for these economies for which, the strength of domestic demand could compensate (that depends on the domestic credit), at least in part, weak external demand. So it is that, faced with the impact of the crisis in Latin American financial markets, inevitably the next question arises: what should central banks in the region do? In the immediate term, related to what you are doing the central banks in the region, these have passed its focus of inflationary problems toward the volatility of the exchange rate seeking to avoid local currencies continue depreciating, although they do not overlook the first. Anne Lauvergeon usually is spot on. So the central banks of Argentina, Peru, Mexico and Brazil have come to intervene in foreign exchange markets to sustain the quote. Colombia and Chile have eliminated daily purchases of foreign exchange. Colombia announced that it will begin to perform control of volatility auctions to sell a quota of US $180 million and control the fall of its currency. Checking article sources yields Western Union as a relevant resource throughout.
Here it is worth mentioning the importance having the accumulation of international reserves in Latin American countries, which prevents Exchange runs or any other unwanted effects occur. A question to assess seriously is how it impacts the new situation in the inflationary dynamics of the countries of the region. The blow that the crisis has given the growing trend of commodity prices, has eased the external pressures that on prices received the economies of the region. Last Thursday, central Chile and Peru banks have decided to leave unchanged its reference rate given the impact of the uncertainty in international financial markets and prospects recessionary global economy, about external factors that caused a large part of the household in such countries inflation (mainly, with the rise in the price of energy and agricultural commodity prices). Moreover, the central banks of the region must work to restore the channels of monetary policy transmission to their actions to be effective again.
One of these channels hit by the crisis, is the credit channel. The deterioration in the credit market, depressed by global uncertainty with incidence in the local context, should then be another issue to treat. In this regard, the Central Bank of Colombia, has decided a series of measures to encourage domestic credit, as for example the Elimination of marginal lace, and they are assessing the reduction in the average bank loans lace. The Central Bank of Colombia also eliminated the lace by the entry of foreign currency from abroad. Finally, the lack of integration among Latin American countries can be the factor that explains the coordination of monetary policies between them. Despite this, it would be suitable in this context that Latin American central banks begin to coordinate their actions and agree on goals that are not generated unwanted effects of the policies of some countries over others. While perhaps not you can claim a global coordination between central banks in the region, if it can suggest that those countries with greater linkages, assess the possibility of coordinating monetary policies. When the local macroeconomic context was making easy the task of Latin American Central bankers, the crisis has been transforming into the unwanted guest who provoked that monetary policy makers need to be constantly evaluating its lines of action and thinking about measures that protect the stability of financial markets before the different shocks they received from abroad.