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Assignment Topic:
How psychology and information technology is
helping to improve life style of human being?
Submitted by:
Mehwish Naz
16-ARID-10
&
Afrasiyab Haider
16-ARID-02
Submitted to:
Ma’m Sabeen
From:
BS-IT 2ND
Dated:
29 December,2016
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Table of contents:
Sr# Contents
1 Informationtechnology
1.1 Advantagesof InformationTechnology
 Globalization
 Communication
 Cost effectiveness
 More time
 Creationof newjobs
1.2 Disadvantagesof InformationTechnology
 Unemployment
 Privacy
 Lack of jobsecurity
 Dominantculture
2 Psychology
2.1 Uses of psychologyindailylife
 The buildingof relationship
 Improvingcommunication
 Buildingself-confidence
 Enrichingcareer
3 Psychology’simpactonhumanlife
 Brain science andcognitive psychology
 Developmentalpsychology
 Human factorand engineeringpsychology
 Educational psychology
 Sportsand performance psychology
4 Impact of technologyonhuman’slife
4.1 Impact of technologyonbusiness
 Positive
 Improvedcompetitiveadvantage
 Improvedcommunication
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 Improvedhumanresourcesmanagement
 Negative
 Technologyisexpensive
4.2 Impact of technologyoneducation
 Positive
 Globalizationof education
 Negative
 Exposure to wrongdata
4.3 Impact of technologyonsociety
 Positive
 Improvedthe transportsector
 Improvedthe humanrelationshipandconnection
 Negative
 Digital divide isonincrease
 Lack of real life andfriends
 Virtual RealityTechnology‘’Sickness‘’andits drawbacks
4.4 IMPACT OFTECHNOLOGY ON AGRICULTURE
 Positive
 Increasedproduction
 Negative
 Soil pollution
4.5 Impact of technologyonbanking
 Positive
 Electronicbanking
 Negative
 E-cash isveryeasyto lose
5 Sources
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I, Afrasiyab Haider is writing this assignmentto make a clear view abouthow
information technology and psychology is impacting on human’s life, what is their
role and what are their uses in our daily life and how important they are for us.
I, Mehwish Naz is writing this assignmentto make a clear view about how
information technology and psychology is impacting on human’s life, what is their
role and what are their uses in our daily life and how important they are for us.
Summary:
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1. Informationtechnology:
Information technology (IT) is the use of any computers, storage, networking and
other physical devices, infrastructure and processes to create, process, store, secure and
exchange all forms of electronic data.
1.1 .Advantages Of InformationTechnology:
Everyday, people use technology in new ways. Computers are increasingly
affordable; they continue to be more powerful as information-processing tools as well as easier
to use. Some of the advantages of information technology include:
 Globalization - IT has not only brought the world closer together, but it has allowed
the world's economy to become a single interdependent system. This means that we
can not only share information quickly and efficiently, but we can also bring down
barriers of linguistic and geographic boundaries and countries are able to shares ideas
and information with each other.
 Communication - With the help of information technology, communication has also
become cheaper, quicker, and more efficient. The internet has also opened up face to
face direct communication from different parts of the world thanks to the helps of video
conferencing. Many collaboration platforms have been built in addition to face to face
call via mobile devices like iPhone.
 Cost effectiveness- Information technology has helped to computerize the business
process thus streamlining businesses to make them extremely cost effective money
making machines. This in turn increases productivity which ultimately gives rise to
profits that means better pay and less strenuous working conditions.
 More time - IT has made it possible for businesses to be open 24 x7 all over the globe.
This means that a business can be open anytime anywhere, making purchases from
different countries easier and more convenient.
 Creationof newjobs - Probably the best advantage of information technology is the
creation of new and interesting jobs. Computer programmers, Systems analyzers,
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Hardware and Software developers and Web designers are just some of the many new
employment opportunities created with the help of IT.
1.2 .Disadvantages of informationtechnology:
 Unemployment - While information technology may have streamlined the business
process it has also created job redundancies, downsizing and outsourcing. This means
that a lot of lower and middle level jobs have been done away with causing more people
to become unemployed.
 Privacy - Though information technology may have made communication quicker,
easier and more convenient, it has also bought along privacy issues. From cell phone
signal interceptions to email hacking, people are now worried about their once private
information becoming public knowledge.
 Lack of job security - Industry experts believe that the Internet has made job security
a big issue as since technology keeps on changing with each day. This means that one
has to be in a constant learning mode, if he or she wishes for their job to be secure.
 Dominant culture - While information technology may have made the world a global
village, it has also contributed to one culture dominating another weaker one. For
example, it is now argued that US influences how most young teenagers all over the
world now act, dress and behave. Languages too have become overshadowed, with
English becoming the primary mode of communication for business and everything else.
2 .Psychology:
Psychology is the science of the mind and behavior. The word "psychology" comes
from the Greek word psyche meaning "breath, spirit, soul", and the Greek word logia meaning
the study of something.
2.2 Uses of Psychology in daily life:
Everyone uses psychology on a daily basis, whether they are talking with
friends, arguing with a partner, or disciplining their children. Most people just don’t realize the
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science behind their decisions. Understand how your mind works helps in everyday life by
allowing you to build strong relationships and make the best. Here are five ways how:
 The building of relationships: Psychology makes it easier to live with others by
understanding them more and working with their behavior. Below, University of Texas
professor James Penne baker explains one-way psychology can be used to predict
romantic compatibility.
 Improving communication: A greater understanding of how humans think and
behave will help people communicate better. They will be more effective in
understanding what a person really means by gestures and actions.
 Building self-confidence: By understanding more about yourself and your
personality, you can gain more self-confidence. You will learn more about your
weaknesses and can build on them.
 Enriching careers: You will be able to understand your coworkers more and stand a
better chance of building friendships. It helps to deal with their actions to enrich your
career.
3. Psychology’s Impact on human life:
The science of psychology is exploring how the mind works, evaluating how
people learn, facilitating peak human performance and helping people make healthy lifestyle
choices. Psychologists use scientific research to better understand how people learn, interpret
events and make decisions. They then translate that knowledge into techniques to help people
make smarter choices in their daily lives.
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 BrainScience and Cognitive Psychology
Cognitive psychologists, sometimes called brain scientists, study
how the human brain works — how we think, remember and learn. They apply
psychological science to understand how we perceive events and make decisions.
 Developmental Psychology
Developmental psychologists focus on human growth and changes
across the lifespan, including physical, cognitive, social, intellectual, perceptual,
personality and emotional growth. Throughout their lives, humans go through various
stages of development. Developmental psychologists study how people grow, develop
and adapt at different life stages.
 Human Factors andEngineering Psychology
Human factors and engineering psychologists study
how people interact with machines and technology. They use psychological science to
guide the design of products, systems and devices we use every day. They often focus on
performance and safety. They combine technology and psychology to improve our
interactions with the systems and equipment we use daily.
 Educational Psychology
Psychologists working in the field of education study how people learn
and retain knowledge. They apply psychological science to improve the learning process
and promote educational success for all students. Psychologists working in the field of
education are focused on identifying and studying learning methods to better
understand how people absorb and retain new information.
 Sport and Performance Psychology
Sport and performance psychologists focus on identifying and
applying psychological principles that facilitate peak sport performance, enhance
people’s participation in physical activities and help athletes achieve optimal human
performance.
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4. Impact of technology on human’s life
4.1. IMPACTOF TECHNOLOGY ON BUSINESS:
 Positive:
o Improvedcompetitive advantage:Businesses have use technology to gain
competitive advantage over their competitors. If a business uses technology to
improve on its services or products, its customers will be impressed and they will
become loyal to that business as well as invite more customers through word of
mouth. Advanced technology can result into better customer’s service and
production of high quality products or services.
o Improvedcommunication: Business to consumer communication has been
improved by use of technology. Now a business can easily communicate to its
clients to know how they feel about their services. The information collected is
used to improve on the services of the business which results into business
growth. For example, businesses can use social Medias to hold product surveys.
o Improvedhuman resource management:A business can use technology
to recruit and train new employees. Now days their unlimited Job boards online
were companies post jobs and applicants apply through that online Job
board. This simplifies the all process of hiring and it saves time.
 Negative:
 Technology is expensive: Even though we use technology to solve
operational costs in business and increase on productivity. To buy the
machine which will replace 10 humans to perform a certain tusk is quite
expensive. This machine will require continuous maintenance and a standby
technician to operate it and fix it in case it breaks down. So technology is
expensive as well.
4.2. IMPACTOF TECHNOLOGY ON EDUCATION:
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 Positive:
o Globalizationof education:Technology has made education remote. With
the help of internet technology, online education has become a strong force in
the education sector. Now students can study courses which are provided in
other countries without having any boundary limitations.
 Negative:
 Exposure towrong data: Though technology has made learning so easy and
cheap, students get exposed to data which is not approved and many times they just
copy and pastes this information they acquire online without any deep research on
whether the data is correct. This has increased on the level of misinformation and
failure of exams. My advice to students, is that, ‘’ Not whatever is published online is
correct’’ analyze the data and discuss with friends before submitting that data.
4.3. IMPACTOF TECHNOLOGY ON SOCIETY:
 Positive:
o Improvedthe transportationsector:Technology has made movement so
easy and cheap, technologies like automobiles, airplanes, speed boats, electronic
trains, have made moving from one place to another so easily.
o Improvedon human relationships andconnection: Technology has
improved on how we connect or discover new relationships. With things like
mobile phones, and internet social Medias, people can connect with each so
easily than before.
 Negative:
 Digital divide is on increase:As much as we’re embracing technology in
most developed countries, there is a big group left behind and they might
not even get closer to the way we use technology in the first world. For
example, the invention of e-wallet is a good technology which will help you
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to pay for anything via your iPhone, but as good as this technology may be,
many countries in the third world cannot use the service.
 Lack or real life and friends:Yes, social networks and text messaging
technologies have played a very big role in connecting people more than
before, but what is funny is that, the number of people who spend time
alone is increasing. You will find a person spends more time in the virtual
world chatting with strangers ‘’virtual friends’’, a user will have over 500
friends on a specific social network, but they have no real friends in the real
world, WHY? Because they spend most their time in the virtual world and
give up on getting real friends, which results into loneliness and cyber-
sickness.
 Virtual Reality Technology ‘’ Sickness ‘’: Now days most airlines use
this virtual reality technology to train their pilots on how to react effectively
in adverse conditions. So during this training, the pilot will be presented with
a challenge in a virtual reality form and they will be guided on how to
overcome that task
Problem:
The pilot in question has been exposed to a virtual life and if they do this for so long, it creates
an imbalance in their life. They find a problem of living the other virtual life to a real one. So
they keep on getting flashbacks, eyestrain and simulator sickness. If you spend a lot of time in a
virtual reality system that uses a low-resolution head set for displaying views, you may
experience eyestrain issues. When the resolution is too low, your eyes are forced to work so
hard to distinguish images.
4.4. IMPACTOF TECHNOLOGY ON AGRICULTURE:
 Positive:
o Increasedproduction: with the introduction of genetically engineered crops,
farmers out puts have increased. These crops are engineered when they can
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stand harsh conditions as well has survived pests and diseases. They grow very
first and the farmer gets back their return on investment (RIO) very first.
 Negative:
o Soil pollution:Farmers have resorted to using chemicals and engineered
fertilizers so that their plants grow faster. This has worked for the farmer in the
short run, but after a while, the soil losses its natural fertility and the farmer will
have to depend on artificial fertilizers which are expensive in the long run.
4.5.IMPACTOF TECHNOLOGY ON BANKING:
 Positive
o Electronic banking: Banks have improved their services by using technology
to introduce electronic banking. Customers can use online banking facilities to
transfer money or get financial information, they can also use smart cards to
withdraw or deposit money on their accounts.
 Negative
o E-cash is very easy to lose:As we try to replace cash money with e-cash, we
are faced with a problem of losing money very first. Why? E-cash is simply an
electronic file, so this file can be interrupted across the network and you will lose
your money in a second. Today there so many hackers online monitoring these
electronic file transfers, though most merchants have formulated a trick of
encrypting the files, but still these hackers find their way and access the data.
Another lop hole is the exposure of financial details to dangerous people. Most
of this information is stored on our computers. However, when you connect to
internet, your computer will be assigned with an IP Address, and an experienced
hacker can access your computer via your IP and take advantage of all your
financial details.
16-ARID-02 | 16-ARID-10
5. Sources:
 http://searchdatacenter.techtarget.com/definition/IT
 http://hitechplatform.blogspot.com/2011/04/most-important-effects-of-
information.html
 http://www.medicalnewstoday.com/articles/154874.php
 https://owlcation.com/social-sciences/Psychology-and-its-Importance
 http://www.apa.org/action/careers/improve-lives/
 http://www.apa.org/action/science/brain-science/index.aspx
 http://www.apa.org/action/science/developmental/index.aspx
 http://www.apa.org/action/science/human-factors/index.aspx
 http://www.apa.org/action/science/teaching-learning/index.aspx
 http://www.apa.org/action/science/performance/index.aspx
 http://www.useoftechnology.com/impact-technology-life-today/

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Relation of psychology and IT

  • 1. 16-ARID-02 | 16-ARID-10 Assignment Topic: How psychology and information technology is helping to improve life style of human being? Submitted by: Mehwish Naz 16-ARID-10 & Afrasiyab Haider 16-ARID-02 Submitted to: Ma’m Sabeen From: BS-IT 2ND Dated: 29 December,2016
  • 2. 16-ARID-02 | 16-ARID-10 Table of contents: Sr# Contents 1 Informationtechnology 1.1 Advantagesof InformationTechnology  Globalization  Communication  Cost effectiveness  More time  Creationof newjobs 1.2 Disadvantagesof InformationTechnology  Unemployment  Privacy  Lack of jobsecurity  Dominantculture 2 Psychology 2.1 Uses of psychologyindailylife  The buildingof relationship  Improvingcommunication  Buildingself-confidence  Enrichingcareer 3 Psychology’simpactonhumanlife  Brain science andcognitive psychology  Developmentalpsychology  Human factorand engineeringpsychology  Educational psychology  Sportsand performance psychology 4 Impact of technologyonhuman’slife 4.1 Impact of technologyonbusiness  Positive  Improvedcompetitiveadvantage  Improvedcommunication
  • 3. 16-ARID-02 | 16-ARID-10  Improvedhumanresourcesmanagement  Negative  Technologyisexpensive 4.2 Impact of technologyoneducation  Positive  Globalizationof education  Negative  Exposure to wrongdata 4.3 Impact of technologyonsociety  Positive  Improvedthe transportsector  Improvedthe humanrelationshipandconnection  Negative  Digital divide isonincrease  Lack of real life andfriends  Virtual RealityTechnology‘’Sickness‘’andits drawbacks 4.4 IMPACT OFTECHNOLOGY ON AGRICULTURE  Positive  Increasedproduction  Negative  Soil pollution 4.5 Impact of technologyonbanking  Positive  Electronicbanking  Negative  E-cash isveryeasyto lose 5 Sources
  • 4. 16-ARID-02 | 16-ARID-10 I, Afrasiyab Haider is writing this assignmentto make a clear view abouthow information technology and psychology is impacting on human’s life, what is their role and what are their uses in our daily life and how important they are for us. I, Mehwish Naz is writing this assignmentto make a clear view about how information technology and psychology is impacting on human’s life, what is their role and what are their uses in our daily life and how important they are for us. Summary:
  • 5. 16-ARID-02 | 16-ARID-10 1. Informationtechnology: Information technology (IT) is the use of any computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. 1.1 .Advantages Of InformationTechnology: Everyday, people use technology in new ways. Computers are increasingly affordable; they continue to be more powerful as information-processing tools as well as easier to use. Some of the advantages of information technology include:  Globalization - IT has not only brought the world closer together, but it has allowed the world's economy to become a single interdependent system. This means that we can not only share information quickly and efficiently, but we can also bring down barriers of linguistic and geographic boundaries and countries are able to shares ideas and information with each other.  Communication - With the help of information technology, communication has also become cheaper, quicker, and more efficient. The internet has also opened up face to face direct communication from different parts of the world thanks to the helps of video conferencing. Many collaboration platforms have been built in addition to face to face call via mobile devices like iPhone.  Cost effectiveness- Information technology has helped to computerize the business process thus streamlining businesses to make them extremely cost effective money making machines. This in turn increases productivity which ultimately gives rise to profits that means better pay and less strenuous working conditions.  More time - IT has made it possible for businesses to be open 24 x7 all over the globe. This means that a business can be open anytime anywhere, making purchases from different countries easier and more convenient.  Creationof newjobs - Probably the best advantage of information technology is the creation of new and interesting jobs. Computer programmers, Systems analyzers,
  • 6. 16-ARID-02 | 16-ARID-10 Hardware and Software developers and Web designers are just some of the many new employment opportunities created with the help of IT. 1.2 .Disadvantages of informationtechnology:  Unemployment - While information technology may have streamlined the business process it has also created job redundancies, downsizing and outsourcing. This means that a lot of lower and middle level jobs have been done away with causing more people to become unemployed.  Privacy - Though information technology may have made communication quicker, easier and more convenient, it has also bought along privacy issues. From cell phone signal interceptions to email hacking, people are now worried about their once private information becoming public knowledge.  Lack of job security - Industry experts believe that the Internet has made job security a big issue as since technology keeps on changing with each day. This means that one has to be in a constant learning mode, if he or she wishes for their job to be secure.  Dominant culture - While information technology may have made the world a global village, it has also contributed to one culture dominating another weaker one. For example, it is now argued that US influences how most young teenagers all over the world now act, dress and behave. Languages too have become overshadowed, with English becoming the primary mode of communication for business and everything else. 2 .Psychology: Psychology is the science of the mind and behavior. The word "psychology" comes from the Greek word psyche meaning "breath, spirit, soul", and the Greek word logia meaning the study of something. 2.2 Uses of Psychology in daily life: Everyone uses psychology on a daily basis, whether they are talking with friends, arguing with a partner, or disciplining their children. Most people just don’t realize the
  • 7. 16-ARID-02 | 16-ARID-10 science behind their decisions. Understand how your mind works helps in everyday life by allowing you to build strong relationships and make the best. Here are five ways how:  The building of relationships: Psychology makes it easier to live with others by understanding them more and working with their behavior. Below, University of Texas professor James Penne baker explains one-way psychology can be used to predict romantic compatibility.  Improving communication: A greater understanding of how humans think and behave will help people communicate better. They will be more effective in understanding what a person really means by gestures and actions.  Building self-confidence: By understanding more about yourself and your personality, you can gain more self-confidence. You will learn more about your weaknesses and can build on them.  Enriching careers: You will be able to understand your coworkers more and stand a better chance of building friendships. It helps to deal with their actions to enrich your career. 3. Psychology’s Impact on human life: The science of psychology is exploring how the mind works, evaluating how people learn, facilitating peak human performance and helping people make healthy lifestyle choices. Psychologists use scientific research to better understand how people learn, interpret events and make decisions. They then translate that knowledge into techniques to help people make smarter choices in their daily lives.
  • 8. 16-ARID-02 | 16-ARID-10  BrainScience and Cognitive Psychology Cognitive psychologists, sometimes called brain scientists, study how the human brain works — how we think, remember and learn. They apply psychological science to understand how we perceive events and make decisions.  Developmental Psychology Developmental psychologists focus on human growth and changes across the lifespan, including physical, cognitive, social, intellectual, perceptual, personality and emotional growth. Throughout their lives, humans go through various stages of development. Developmental psychologists study how people grow, develop and adapt at different life stages.  Human Factors andEngineering Psychology Human factors and engineering psychologists study how people interact with machines and technology. They use psychological science to guide the design of products, systems and devices we use every day. They often focus on performance and safety. They combine technology and psychology to improve our interactions with the systems and equipment we use daily.  Educational Psychology Psychologists working in the field of education study how people learn and retain knowledge. They apply psychological science to improve the learning process and promote educational success for all students. Psychologists working in the field of education are focused on identifying and studying learning methods to better understand how people absorb and retain new information.  Sport and Performance Psychology Sport and performance psychologists focus on identifying and applying psychological principles that facilitate peak sport performance, enhance people’s participation in physical activities and help athletes achieve optimal human performance.
  • 9. 16-ARID-02 | 16-ARID-10 4. Impact of technology on human’s life 4.1. IMPACTOF TECHNOLOGY ON BUSINESS:  Positive: o Improvedcompetitive advantage:Businesses have use technology to gain competitive advantage over their competitors. If a business uses technology to improve on its services or products, its customers will be impressed and they will become loyal to that business as well as invite more customers through word of mouth. Advanced technology can result into better customer’s service and production of high quality products or services. o Improvedcommunication: Business to consumer communication has been improved by use of technology. Now a business can easily communicate to its clients to know how they feel about their services. The information collected is used to improve on the services of the business which results into business growth. For example, businesses can use social Medias to hold product surveys. o Improvedhuman resource management:A business can use technology to recruit and train new employees. Now days their unlimited Job boards online were companies post jobs and applicants apply through that online Job board. This simplifies the all process of hiring and it saves time.  Negative:  Technology is expensive: Even though we use technology to solve operational costs in business and increase on productivity. To buy the machine which will replace 10 humans to perform a certain tusk is quite expensive. This machine will require continuous maintenance and a standby technician to operate it and fix it in case it breaks down. So technology is expensive as well. 4.2. IMPACTOF TECHNOLOGY ON EDUCATION:
  • 10. 16-ARID-02 | 16-ARID-10  Positive: o Globalizationof education:Technology has made education remote. With the help of internet technology, online education has become a strong force in the education sector. Now students can study courses which are provided in other countries without having any boundary limitations.  Negative:  Exposure towrong data: Though technology has made learning so easy and cheap, students get exposed to data which is not approved and many times they just copy and pastes this information they acquire online without any deep research on whether the data is correct. This has increased on the level of misinformation and failure of exams. My advice to students, is that, ‘’ Not whatever is published online is correct’’ analyze the data and discuss with friends before submitting that data. 4.3. IMPACTOF TECHNOLOGY ON SOCIETY:  Positive: o Improvedthe transportationsector:Technology has made movement so easy and cheap, technologies like automobiles, airplanes, speed boats, electronic trains, have made moving from one place to another so easily. o Improvedon human relationships andconnection: Technology has improved on how we connect or discover new relationships. With things like mobile phones, and internet social Medias, people can connect with each so easily than before.  Negative:  Digital divide is on increase:As much as we’re embracing technology in most developed countries, there is a big group left behind and they might not even get closer to the way we use technology in the first world. For example, the invention of e-wallet is a good technology which will help you
  • 11. 16-ARID-02 | 16-ARID-10 to pay for anything via your iPhone, but as good as this technology may be, many countries in the third world cannot use the service.  Lack or real life and friends:Yes, social networks and text messaging technologies have played a very big role in connecting people more than before, but what is funny is that, the number of people who spend time alone is increasing. You will find a person spends more time in the virtual world chatting with strangers ‘’virtual friends’’, a user will have over 500 friends on a specific social network, but they have no real friends in the real world, WHY? Because they spend most their time in the virtual world and give up on getting real friends, which results into loneliness and cyber- sickness.  Virtual Reality Technology ‘’ Sickness ‘’: Now days most airlines use this virtual reality technology to train their pilots on how to react effectively in adverse conditions. So during this training, the pilot will be presented with a challenge in a virtual reality form and they will be guided on how to overcome that task Problem: The pilot in question has been exposed to a virtual life and if they do this for so long, it creates an imbalance in their life. They find a problem of living the other virtual life to a real one. So they keep on getting flashbacks, eyestrain and simulator sickness. If you spend a lot of time in a virtual reality system that uses a low-resolution head set for displaying views, you may experience eyestrain issues. When the resolution is too low, your eyes are forced to work so hard to distinguish images. 4.4. IMPACTOF TECHNOLOGY ON AGRICULTURE:  Positive: o Increasedproduction: with the introduction of genetically engineered crops, farmers out puts have increased. These crops are engineered when they can
  • 12. 16-ARID-02 | 16-ARID-10 stand harsh conditions as well has survived pests and diseases. They grow very first and the farmer gets back their return on investment (RIO) very first.  Negative: o Soil pollution:Farmers have resorted to using chemicals and engineered fertilizers so that their plants grow faster. This has worked for the farmer in the short run, but after a while, the soil losses its natural fertility and the farmer will have to depend on artificial fertilizers which are expensive in the long run. 4.5.IMPACTOF TECHNOLOGY ON BANKING:  Positive o Electronic banking: Banks have improved their services by using technology to introduce electronic banking. Customers can use online banking facilities to transfer money or get financial information, they can also use smart cards to withdraw or deposit money on their accounts.  Negative o E-cash is very easy to lose:As we try to replace cash money with e-cash, we are faced with a problem of losing money very first. Why? E-cash is simply an electronic file, so this file can be interrupted across the network and you will lose your money in a second. Today there so many hackers online monitoring these electronic file transfers, though most merchants have formulated a trick of encrypting the files, but still these hackers find their way and access the data. Another lop hole is the exposure of financial details to dangerous people. Most of this information is stored on our computers. However, when you connect to internet, your computer will be assigned with an IP Address, and an experienced hacker can access your computer via your IP and take advantage of all your financial details.
  • 13. 16-ARID-02 | 16-ARID-10 5. Sources:  http://searchdatacenter.techtarget.com/definition/IT  http://hitechplatform.blogspot.com/2011/04/most-important-effects-of- information.html  http://www.medicalnewstoday.com/articles/154874.php  https://owlcation.com/social-sciences/Psychology-and-its-Importance  http://www.apa.org/action/careers/improve-lives/  http://www.apa.org/action/science/brain-science/index.aspx  http://www.apa.org/action/science/developmental/index.aspx  http://www.apa.org/action/science/human-factors/index.aspx  http://www.apa.org/action/science/teaching-learning/index.aspx  http://www.apa.org/action/science/performance/index.aspx  http://www.useoftechnology.com/impact-technology-life-today/