Firewall

"Is it better to buy from the market or to develop in-house?" asks R. Seema, during a discussion on network controls for CA Final MICS students. I tell Seema that a readymade product may generally be suitable, but may not meet all the security requirements of the organisation. Big organisations like the RBI (Reserve Bank of India), therefore, think of opting for custom-made software, aligned with organisational needs.

SWOT analysis

Today Ram, a PCC student, asked me how threats from external environment could be overcome. I told Ram, "You can overcome threats by using opportunities from the external environment, and by using strengths in the internal environment." Perhaps, this approach works at personal levels also.