Internet Dependency (Part 2/2)
My mother always used to (and still does) tell me to “Never depend on other people for things.” The advice is so simple and true and yet, people still ignore it anyway. I mean, how many times have you asked someone to do something as simple as remember to bring back the cd they borrowed from you last week and then they forgot it? The same is true for businesses- not the cd borrowing part- but the fact that many companies rely solely on the Internet to run their businesses.
Now, I’m not saying that the Internet is a bad thing. On the contrary, I think that the Internet has done wonders for all of us. However, there has been a growing tendency for many businesses to rely on the Internet, which opens them up to all sorts of vulnerabilities if they’re not careful.
Business Functions that Rely on the Internet
The following are some examples of things that a lot of businesses rely on where the Internet is involved.
- Employee benefits administration
- Corporate transfer of funds
- Document backup and storage
- Contact info for customers
- Communications (i.e. voice, data)
- Accounting purposes
- Business management
- Payroll
Potential Internet Threats
Some potential threats to the Internet include things like:
- Corrupt code written by individuals
- Internet disruptions
- Natural disasters
- Terrorist attacks
- Hackers
- People looking to harm the United States
There is much talk today about global terrorism. Terrorists aren’t just blowing things up anymore, they’re doing things more quietly too. For example, there is much speculation that a future terrorist attacks will come in the form of a cyber war. These attacks will be aimed not at the military, but at the United States economic infrastructure.
So, What Can We Do?
BR suggests that CEOs ask some of the following questions:
And you thought running a business was easy! There are many things to consider when operating your own business, especially if it is Internet- dependent!
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According to a 2007 business dependence report by Business Roundtable (BR), there is major concern that when it comes to having an online business, many companies are not ready or prepared to handle Internet-related disruptions that may arise. You might be thinking, “So, what’s the big deal?” Well, as stated in my previous blog, when things go wrong with the Internet such as misinformation, glitches and the like, it makes consumers lose faith in that particular company, thereby causing the company to lose business. In certain instances, this can be a crushing blow.




