Question #3-midterm

For those who are not working, research one company in the net who is using computerized database systems. Describe the use and/or nature of these systems and describe too the benefits/disadvantages from these systems. Include your reference.

Name:EDC COMPUTER,INC

*EDC helped an electrical cooperative give customers easy access to their energy usage and cost data via the Internet.
*EDC helped a transportation company use the Internet to service their customers. Customers entered the quantity & type of cargo they had to ship, the points of origin & destination, and whether the cargo was to be shipped by air or ship. Report data could be sorted by date or price.
*EDC developed the database and system used by a company who uses the Internet to give customers access to classified advertisements.
Manual systems converted to computerized systems
*EDC developed a computerized invoicing system for a wholesaler. The system includes description and pricing data for 80,000 items. Any item can be easily entered in to an invoice through a pull-down menu. The system operates on an Intranet within the company. The system was developed so it can be expanded to allow customers to enter orders over the Internet.
*EDC helped a manufacturer convert a manual warranty tracking system to a computerized system. The system was integrated with the manufacturer's existing data management system. It generates potential liability reports related to "open" claims as well as reports related to disposition of settled claims. The system uses Internet technology and runs on an Intranet within the company.

www.edccs.com/custom.htm - Cached

Cherry Ann Bedayo BSC-MA4

question #2-midterm

Research 1 company and describe how they protect their company from internet risks.Also, research for possible risks or dangers and/or impacts of internet - related crimes to a company.

Name: Middlefield Banking Company

The Middlefield Banking Company is a full service commercial bank that has been proud to serve its community since 1901. All deposits are insured by the FDIC up to $100,000.
The Middlefield Banking Company's leading technology partners provide a secure environment for Internet Banking. Their partners are required to take proactive steps to ensure that the systems that they own or participate in contain adequate security measures to prevent the possibility of unintended distribution of confidential information and the potential for fraud-related losses. Their Internet Banking Service Bureau runs on a robust Windows NT operating system. State of the art firewall technology is the first line of defense in preventing unauthorized access to any information housed.
Included in this operating system is the capacity to allow only secure connections by end users. Utilizing Secure Socket Layer (SSL) technology, transmissions of web pages and data between The Middlefield Banking Company and its customers are completely encrypted and are unreadable to any person or group trying to "intercept" the transmission. SSL encryption is the industry standard and is commonly used in Internet applications that require security and privacy for sensitive data. They continue to monitor and review security procedures to protect customer information. We are committed to providing only the safest operating environment. All of our measures are updated as practices change and new technology becomes available.

Cherry Ann Bedayo BSC-MA4

Blog Question # 1 Midterm

Research 1 company that makes use of E-commerce. Describe the nature of this company in 1-2 paragraphs.
Identify then, how does this company use e-commerce to achieve strategic advantage. Describe the benefits derived from this strategy.

Name: IdenTrust Inc.

IdenTrust Inc. was founded by financial institutions such as Citigroup, ABN AMRO, Bankers Trust (since acquired by Deutsche Bank), to name a few. Upon receiving regulatory approval, IdenTrust announced its formation as a Delaware limited liability company in April 1999. IdenTrust continues to add new financial institutions to the IdenTrust network.
In March 2002, IdenTrust acquired Digital Signature Trust Company (DST) from Zions Bancorporation (Nasdaq: ZION) and the American Bankers Association. The acquisition combined the global reach of IdenTrust with the proven implementation strength of DST to provide financial institutions and their customers with the means to accomplish business objectives using digital certificates and certificate-enabled applications.

*Strategic Advantages

• In 2003, IdenTrust acquired eFinance Corporation. eFinance's innovative solutions enable companies to quickly and accurately gauge the financial soundness of their customers at each step of the financial supply chain -- from customer pre-qualification through credit extension, accounts receivable and payments.eFinance's solutions strengthen the credit evaluation process and enable customers to manage transaction workflow better. Customers leverage eFinance technology to increase revenue and profitability while expanding their end customer base and improving customer retention and satisfaction.Companies such as ADP and NEC currently use eFinance solutions to evaluate their customers and streamline the credit decisioning process.
  
  
• IdenTrust enables businesses to actively manage their e-commerce risks through trusted relationships with their financial institutions. Specifically, IdenTrust supplies the legal mechanisms and technology to let Internet trading partners trust in another's identity. Companies will be able to use the Internet to open new markets, reduce transaction costs and create auditable records of their transactions.

Cherry Ann Bedayo BSC-MA4