FEASIBILITY REPORT1
FEASIBILITY REPORT6
Feasibility Report
MEMO
TO: Manager
FROM:
DATE:
SUBJECT:
This memo is meant for introducing the feasibility report that aims at providing a solution to the cases and nation problems about the cybercrime and the potential proposed solution to curb up the challenge. These feasibilities we are identified by studying various critical factors such as the social effects, legal issues, technical problems, and the economic impact. Therefore, this memo is very vital for an individual to read and understand various aspects.
Feasibility Report
It takes much time in planning and preparing to implement a solution to the major problem in society. During the planning and preparation process, the proposed solution should be tested and determined if it is feasible to provide the solution or not. Cybercrime in united states has been a significant problem and need to be addressed and solution provided to reduce the cybercrime.
One of the proposed solutions to this major problem is providing cybersecurity among very individual. This will enable most of the people to understand and know the importance of cybersecurity and thus leading to the reduction of the negative loses that is caused by the cybercrime in society every year. Another thing that will ensure that the individuals in the nation are protected from the impact of the cybercrime is educating them on ways they can protect themselves over the cybercrime attempts.
This report will majorly focus on looking at the proposed solution provided and determine if the answers are feasible or need some changes. The essential aspects that the story will focus on include the social impact, the economic effect, and other elements which will be determined if it can provide a solution to the problem.
The Social Impact
When looking for a potential solution to be implemented to solve a specific major problem in society, a positive impact is always the main objective. When the proposed solution is applied, such as implementing cybersecurity in the daily lives of the individuals in the society it will bring a lot of positive impacts on them. For instance, when the cybersecurity is made the main focus in the in every place, i.e. schools and workplace, majority of the individuals will be aware of these threats and ways of preventing them from affecting their daily lives. This will also reduce the loss that most of the individuals incur due to the cybercrime and lack of security in their day-to-day business operations (Help Net Security, 2015).
When the cybersecurity is introduced in society It will bring much social impact to the life of the individuals since it will educate people about the dynamic changes that occur in uses of the technology. When this provides a solution to the cybercrime problem in the society, it will be adopted by every nation, and thus the cybercrime problem is reduced and making every country secure and safe from the cybercrime prob.
1. FEASIBILITY REPORT1
FEASIBILITY REPORT6
Feasibility Report
MEMO
TO: Manager
FROM:
DATE:
SUBJECT:
This memo is meant for introducing the feasibility report that
aims at providing a solution to the cases and nation problems
about the cybercrime and the potential proposed solution to curb
up the challenge. These feasibilities we are identified by
studying various critical factors such as the social effects, legal
issues, technical problems, and the economic impact. Therefore,
this memo is very vital for an individual to read and understand
various aspects.
2. Feasibility Report
It takes much time in planning and preparing to implement a
solution to the major problem in society. During the planning
and preparation process, the proposed solution should be tested
and determined if it is feasible to provide the solution or not.
Cybercrime in united states has been a significant problem and
need to be addressed and solution provided to reduce the
cybercrime.
One of the proposed solutions to this major problem is
providing cybersecurity among very individual. This will enable
most of the people to understand and know the importance of
cybersecurity and thus leading to the reduction of the negative
loses that is caused by the cybercrime in society every year.
Another thing that will ensure that the individuals in the nation
are protected from the impact of the cybercrime is educating
them on ways they can protect themselves over the cybercrime
attempts.
This report will majorly focus on looking at the proposed
solution provided and determine if the answers are feasible or
need some changes. The essential aspects that the story will
focus on include the social impact, the economic effect, and
other elements which will be determined if it can provide a
solution to the problem.
The Social Impact
When looking for a potential solution to be implemented to
solve a specific major problem in society, a positive impact is
always the main objective. When the proposed solution is
applied, such as implementing cybersecurity in the daily lives
3. of the individuals in the society it will bring a lot of positive
impacts on them. For instance, when the cybersecurity is made
the main focus in the in every place, i.e. schools and workplace,
majority of the individuals will be aware of these threats and
ways of preventing them from affecting their daily lives. This
will also reduce the loss that most of the individuals incur due
to the cybercrime and lack of security in their day-to-day
business operations (Help Net Security, 2015).
When the cybersecurity is introduced in society It will bring
much social impact to the life of the individuals since it will
educate people about the dynamic changes that occur in uses of
the technology. When this provides a solution to the cybercrime
problem in the society, it will be adopted by every nation, and
thus the cybercrime problem is reduced and making every
country secure and safe from the cybercrime problems.
Economic Effect.
One of the most critical aspects of coming up with the proposed
solution is the economic feasibility impact. The projected
resolution calls for basically a change in lifestyle in the United
States. The cybersecurity needs to be the main part of the
individuals that will make them safe and preventing the
occurrence of cybercrime. The cybersecurity has to be
implemented in the workplace and various institutions to
achieve the required objectives of solving the issue of
cybercrime in society.
The process of implementation has a great financial cost, but
the results brought by the proposed solution will bring much
economical cost since it will reduce the amount that could have
been used to solve the loss and cases caused by the cybercrime
in the society. When the financial loss incurred due to the
cybercrime is compared to the cost of implementing the
solution, there is a significant difference since the proposed
solution implementation saves much money.
Technical and Legal Issues
4. For every proposed solution, becoming successful in solving the
intended problem, there are several legal and professional issues
to be followed during the process of implementation. To
implement cybersecurity in the workplaces and the institutions,
some legal issues have to be developed for it to be successful.
Also, during the process of implementation of the
cybersecurity, the technical aspects have to be looked at. The
technical issues involve various aspects such as unforeseen
failure of the system in providing the solution for the problem.
The technical issues will also identify the bugs that will prevent
the proposed solution from providing the solution to the major
problem. The proposed solutions seem to be free from the
technical and legal issues, and thus it may provide the required
solution to the major problem of cybercrime in the United
States.
Conclusion
Generally, the proposed solution to the major problem of
Cybercrime in the United States is more feasible. The problem
in achieving the solution is the lack of financial support during
the process of implementation of the proposed solution. If the
proposed solution gets financial support, it requires, and it will
be easy to implement it and bring the required resolution.
However, considering all other criteria measured to determine
the feasibility of the proposed solution, I found that
implementing the solution either caused little to no impact or
had a positive effect, such as the case with Social implications.
From the above observation, if there will be no financial
distress during the implementation process, the proposed
solution will be successful in solving the major problem of
cybersecurity.
References
Statistica Research Department. (Published August 9, 2019).
Spending on Cybersecurity in the United States from 2010 to
2018. Statistica.
5. Retrieved from
https://www.statista.com/statistics/615450/cybersecurity-
spending-in-the-us/
Clement, J. (Published July 9, 2019). Amount of monetary
damage caused by reported cybercrime to the IC3 from 2001 to
2018. Statistica.
Retrieved from https://www.statista.com/statistics/267132/total-
damage-caused-by-by-cyber-crime-in-the-us/
Bada, M. & Nurse, J. (Accessed February 2020). The Social and
Psychological Impact of
Cyber-Attacks. Emerging Cyber Threats and Cognitive
Vulnerabilities.
Retrieved from
https://arxiv.org/ftp/arxiv/papers/1909/1909.13256.pdf
Help Net Security. (Published February 26, 2015). The business
and social impacts of cybersecurity issues.
Retrieved from
https://www.helpnetsecurity.com/2015/02/26/the-business-and-
social-impacts-of-cyber-security-issues/
Proposal
The purpose of the proposal is to present a solution to the
problem you identified early in our course. Building off of our
previous assignments, especially the feasibility report, the
proposal offers a solution to an identified problem, and attempts
to persuade readers to accept a particular course of action.
REQUIRED ELEMENTS:
· Memo cover page
· Title page
· Table of contents
· List of figures
· Executive summary (single-spaced)
· Introduction with purpose statement (answer the questions on
p. 431 thoroughly in the introduction)
· Discussion section: Problem,
6. Solution
, Context (answer the questions on p. 432 thoroughly in the
discussion)
· Organize the report by subheadings relevant to the proposal
· Conclusion that ends memorably and reiterates main points
· APA references page
RESEARCH: A minimum of five (5) credible sources are
required
REQUIRED STANDARDS:
· 6-8 pages (does not include memo, title page, table of
contents, list of figures, or references page)
· Double-spaced (although proposals are sometimes single-
spaced, this course will utilize double-spacing for the sake of
consistency)
· Times New Roman, 12 pt. font
· 1 inch margins
· Page numbers
· In-text citations and references page in APA format
· A minimum of two (2) visual aids (at least one (1) table,
graph, flow chart, timeline, or illustration created by student,
and one (1) that can be inserted from a source with appropriate