UCM Impacts of Technological Change to Global Economic Structure Paper

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znur877792

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University of Central Missouri

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Assignment

Hints: selected peer-reviewed literate, chapter 3 and 4 can assist you with this assignment.

You need to submit a paper regarding the threat that establishments must mitigate regarding sharing information in a global economy. Your essay must be NOT less than 1500 words, excluding the list of references.

This assignment will be one of several throughout your educational program. One of the core competencies necessary to succeed in your education endeavor is the ability to identify other research that pertains to your own. This means you'll have to identify similar research, read the papers, and assimilate prior work into your research.

Your paper must be a correct APA format, use proper grammar, and will need to include at three (3) resources, ALL of which must:

1) Be current. Published within the last few years, but not older than 2014.

2) Be peer-reviewed.

3) Relate directly to Information Technology in a Global Economy.

USE YOUR OWN WORDS!!!! DO NOT PLAGIARIZE!!!!

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Explanation & Answer

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Running head: GLOBAL ECONOMY

1

Global Economy
Name
Institution

GLOBAL ECONOMY

2
Global Economy

The impacts of the technological change to the global economic structure are highly
creating a big transformation in the way nations and institutions organize productions as well as
investing their capital. Globalization is not a new phenomenon it was there during the end of the
9th century. It a period that was known as globalization integration and economic growth
however its growth and spread were cut short by aggressive nationalism that led to the
depression and world war. However, despite how the global economy and the internet are
growing so fast is the same case as the nature of attacks and threats that relates to information
sharing. The sad part of this whole situation is that the economics of cyber-attacks mostly favors
the attackers while the victim continues being a victim to multiple targets. Cybercrime is one of
the major threats that mainly affect the global economy especially when it comes to information
sharing (Kopp, 2017).
Most of the companies and governments have engaged in this unending difficult battle
against agile and persistent cyber adversaries. Under this condition, the reactive strategies are not
sufficient in dealing with this threat. However many institutions have reduced the duplication of
efforts as well as enabling many organization detections in becoming another organization
prevention. Cyber-attacks include ransomware are a matter of national security since it is causing
billions of dollars to lose to the global economy. According to the economic thought leaders the
internet has for a higher percentage disrupted the business model and the ecosystem across the
global economy. The threat is mainly experienced in regulated industries such as the financial
institutions as well as the health care systems. With the two recent incidences that occurred in the
health insurance industry where the attacker hacked the system and gained per...


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