The Stakeholder theory defined in this week’s readings “the constituents without which who’s backing the organization would cease to exist” (Mayer, 2018). What this means is that it’s the managements job to focus holistically on the company and not just the owners or shareholder overall profit. This theory meshes everyone responsible for a company’s operation, this includes suppliers, shareholders, employees, financiers, governments, communities. This is important for managements as they need to protect the information from everyone involved in the corporations operations. Mr. Freedman notes that “ethics and stakeholder theory mesh the human factor together and drives capitalism” (Freeman, 2009). Therefore if the company protects its services, people, suppliers, community and customers or the stakeholders, they will feel safer. In the digital business arena, information security is imperative, the protection of everything that has an impact on the company’s digital footprint effects every part of the stakeholders operations. Spending money on security services or products is an investment into the stakeholder’s interest. Social contract plays a critical role in cybersecurity products and cybersecurity services in its core definitions. The Oregon state University defines social contract as …show more content…
This is known as cyberloafing. Studies have shown that “10 hours per employee per week on non-work related activities” (Jiaqing & LIM, 2012).Some corporations have adopted the on your time policy, this is where it is not a problem while on breaks or lunch. While some companies have outright banned the use of company resources for personal use. The problem here. The dilemma is some say it increases productivity, while others say it decreases productivity. Additionally the strain on corporate resources and the renewed security risk involved with employee