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Res 351 Week 1 Individual Paper - Current Events in Business Research

In: Business and Management

Submitted By ewatkins
Words 524
Pages 3
Information Technology Acts

BIS/220
4/02/2014
E Forrest (Skip) Boyd

Information Technology Acts (Andreno, 1999)

No Electronic Theft (NET) Act, 1997
In the past most of us would go to the library to seek out information, since the internet and .com age just about everybody is using a computer over the internet whether looking for products or a job. Electronic theft is a growing issue, as more people use the internet for personal and business matters, the criminals are adapting there methods to obtain your information online.
Phishing is the act of sending an email message looking like a familiar organization in the attempt to get you to click on the link that they provide, attempting to trick you into giving your personal information.
Advantage of the No Electronic Theft Act, congress has taken steps to make it easier to prosecute for electronic fraud. The main reason for this congressional activity is the increasing commercial importance of computers and electronic transactions. Andreano, F. P. (1999)
According to one market research firm, “global internet commerce revenues will grow in to the billions of dollars. And with these growing revenues, sophisticated criminals have recognized, and sought to take advantage of, the opportunity for ill-gotten gains. As one author quipped, hackers are no longer youthful pranksters, but have become a sort of net mafia.” Andreano, F. P. (1999)

Health Insurance Portability and Accountability Act (HIPAA), 1996
HIPPA was created to simplify the healthcare system and ensure the security and privacy of patient information. The law focused on preventing fraud and abuse. Basically a patient’s healthcare information may be released to other healthcare professionals within the hospital for purpose of providing quality treatment. Also may be release to your insurance company for payments for healthcare provided

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