Determinants of Gross Domestic Saving in Ethiopia a Time...

Determinants of Gross Domestic Saving in Ethiopia: a time series analysis Kidane Badeg Contact: Kidane Badeg MoFED P.o.Box 1905, Addis Ababa , Ethiopia Email: kbadeg@mofed.gov.et Abstract The study conduct a time series analysis of the determinants of gross domestic saving in Ethiopia using co-integration and error correction econometric modeling(ECM), and employed data for the period of 1971-2009 collected from National bank of Ethiopia (NBE), MOFED, CSA and world bank on annual base. The study revealed that GPCI, DR, INF, GTR and GGDS1-t significant influence on GDS in cointegration model. Further more GPC, INF, GTR and GGDS1-t are also significant in ECM model while PCI, RIR and GM2 showed insignificant coefficient in both†¦show more content†¦This is, therefore, that Keynes (1936) said saving become to be seen as potentially disruptive to the economy and harmful to social warfare as it reduce one component of demand, consumption, with out increase investment and it may cause inadequate demand and hence out put and employment lower than the capacity of the economy. This failure may attribute to variety of reasons including wage rigidity, liquidity prefer ence and fixed capital coefficient in production (Modigliani 1986). Despite the importance of saving for economic growth, saving rate is lower to finance the domestic investment in most developing countries. Sub Sahara Africa has low gross domestic saving (18% its GDP) when compare to South Asia, 26% and newly industrialized countries 43% in 2005 (IMF, 2007). For Ethiopia, during the imperial era, gross domestic saving as a percent of GDP was 11% on average. After the socialist state took power in 1974 there were expectations to wards the increment of saving by eliminating the luxury life style of the ruling classes. In actual fact the policy of imposing capital ceiling became a serious disincentive to saving class and further encouraged conspicuous consumption (Befekadu and Birhanu, 2000). Instead of increasing, what turned out during the Derg regime was the ratio of gross domestic saving (GDS) as percent of GDP has declined from 11% to 4% on average, while further show a very haphazard rate during the entire Derg regime from high of 7% inShow MoreR elatedFactors Affect Profitability26818 Words   |  108 PagesIndustry Amdemikael Abera A Thesis Submitted to The Department of Accounting and Finance Presented in Partial Fulfillment of the Requirements for the Degree of Master of Science (Accounting and Finance) Addis Ababa University Addis Ababa, Ethiopia June 2012 Addis Ababa University School of Graduate Studies This is to certify that the thesis prepared by Amdemikael Abera, entitled: Factors Affecting Profitability: an Empirical Study on Ethiopian Banking Industry and submitted in partialRead MoreThe Ethiopian Financial Sector Reform29124 Words   |  117 Pagescomments. My thanks also goes to Ato Kagnew Wolde, Ato Tegenu Hailu, Ato Atnafu G/Meskel and Staff of Commercial Bank of Ethiopia; without whose encouragement and support, this paper would have not been completed timely. I am also indebted to my family and friends for their enduring moral support to finalize this task. Thanks must also be extended to staff of National Bank of Ethiopia, public and private banks and Ministry of Finance and Economic Development, who provided data and information whichRead MoreFactors Affect Choice of Bank Services23387 Words   |  94 Pagesperiod. My heartfelt thanks also go to my friends G/yessus G/hiwot (Defo) and Bahre Gebru for their technical, material, and moral supports. For they have devoted unreserved efforts to comment and edit my work before it has sent to advisor, the research time was a lovely moment for me. G/medhin G/silassie and Berhe W/mariam also deserve thankfulness for participating in the survey study. Last but not least, I would like to extend my gratitude to all my friends, colleagues and my beloved family who haveRead MoreClimate Change And Its Effects On Economic Growth Essay8671 Words   |  35 PagesFramework †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 16 2.2 Empirical Literature †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 22 CHAPTER THREE: METHODOLOGY †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 25 3.0 Introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 25 3.3 Model Specification †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 26 3.4 Data Analysis and Techniques †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 26 References †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 28 CHAPTER ONE INTRODUCTION 1.1 Background The evidence of climate change in Kenya is undeniable, while its effects on economic growth are no more mysterious; ratherRead MoreFormal and Informal Institutions21073 Words   |  85 PagesROSCAs SACCOs SCAs SMEs Anglican Church of Kenya Analysis of variance Gross domestic product Industrial and Commercial Development Corporation Kenya Rural Enterprise Programme Kenya shillings Mutual assistance groups Non-bank financial institutions Non government organisations Post Office Savings Bank Promotion of Rural Initiatives and Development Enterprises Rotating savings and credit associations Savings and credit cooperative societies Savings and credit associations Small and microenterprises Read MoreThe Cause of Globalization18688 Words   |  75 Pagesrestrict the multinationalization of production, but they have increasingly chosen to liberalize because of the macroeconomic benefits. 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The manual also introduces qualitative analysis concepts of investments. Author Mr. Sulaiman Kyambadde, is an economist, and a business and development consultant Read MoreInflation Cause, Effects and Remedies11309 Words   |  46 Pagesaccommodate chronic inflation, normal economic activities are disrupted: Consumers buy goods and services to avoid even higher prices; real estate speculation 1 increases; businesses concentrate on short-term investments; incentives to acquire savings, insurance policies, pensions, and long-term bonds are reduced because inflation erodes their future purchasing power; governments rapidly expand spending in anticipation of inflated revenues; and exporting nations suffer competitive trade disadvantagesRead MoreInflation Cause, Effects and Remedies11320 Words   |  46 Pagesaccommodate chronic inflation, normal economic activities are disrupted: Consumers buy goods and services to avoid even higher prices; real estate speculation 1 increases; businesses concentrate on short-term investments; incentives to acquire savings, insurance policies, pensions, and long-term bonds are reduced because inflation erodes their future purchasing power; governments rapidly expand spending in anticipation of inflated revenues; and exporting nations suffer competitive trade disadvantagesRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesE SSAYS ON TWENTIETH-C ENTURY H ISTORY In the series Critical Perspectives on the Past, edited by Susan Porter Benson, Stephen Brier, and Roy Rosenzweig Also in this series: Paula Hamilton and Linda Shopes, eds., Oral History and Public Memories Tiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture

American Imperialism Free Essays

During the Cold War, the world in general was a maniacal, paranoia-driven place to live in. Feelings of nationalism and inter-cultural isolation/conformity created rifts filled with fear between opposing nations, especially the two superpowers. The United States, as the juxtaposition to Soviet communists, sought to identify communism as a social evil, and a suppressor of both happiness and liberty. We will write a custom essay sample on American Imperialism or any similar topic only for you Order Now The resulting mentality following the period of global animosity triggered numerous instances of economic/cultural collapse, simply because the United States refused to acknowledge communism as an acceptable alternative to a democratic, capitalist society. In truth, the actions practiced by the United States are essentially reprehensible. Just to eliminate traces of the misconception that capitalism is the solution to world-suffering, one must recall the situation in Chile during the Cold War. When Augusto Pinochet came to power in 1973, a startling statistic is that the unemployment rate was an enviable, by today’s standards, 4. 3%. However, in 1983, after ten years of free-market modernization, unemployment reached 22%. Real wages declined by 40% under military rule. This reality solidifies the fact that although not a necessarily democratic government, the free-market/capitalist Chilean government, severely exacerbated the issue of poverty in Chile. Capitalism, a system consistent with democracy, failed. Miserably. The first point is that the United States’ concerns for the economic well-being of other countries was misplaced, believing that the only way is the American way. As a world power drunk with international influence, the United States forced its policies on nations that were doing well without being â€Å"saved†. How to cite American Imperialism, Papers

Cyber Security Awareness -Free-Samples for Students- Myassignment

Question: Discuss about the IT Secruity. Answer: IT securityis the safety of various computer systems from the destruction or theft to the information, software or hardware, as well as from distortion or misleading of all the services provided by them (Behnia, Rashid Chaudhry, 2012). There are various types of IT securities for example, firewalls, encryption, access control, secured networks, and passwords. All these techniques are utilized to make the security of the computer systems strong. The following essay outlines the four basic types of computer security techniques. The four basic types of computer security are encryption, secured networks, access control and firewalls (Abawajy, 2014). This essay covers all the required details of the four mentioned computer securities. The description of above discussion is given below. Encryption: Encryptionis the procedure of concealing a data or message in such a way that only sanctioned users will be access it in cryptography. It does not prevent itself interference, but rejects to a would be interceptor, the understandable content. The expected data or message, which is cited to as aplaintext, is concealed using an encryption algorithm, originatingcipher textthat can only be read if decoded in an encryption algorithm (Lewko, Waters, 2012). An encryption algorithm usually utilizes apseudo randomencryption key produced by an algorithm for various technical reasons. It is in moral possibility to decode the data without getting the encryption key. However, for a well designed encryption algorithm, major computational skills and resources are needed. A sanctioned recipient can decode the data easily with the encryptionkeygiven by the generator to receivers however, never to the unauthorized users (Biham Shamir, 2012). The advantages of encryption are as follows: i) Security: The major advantage of encryption is the security. Data is endangered whenever it is relocated from one place to another. Therefore, it is evident that data or message should be secured before relocation. Encryption plays the important role in such cases. It produces a perfect key that will help the sender to encrypt his data and another key is given to the receiver, who can decode that message. ii) Integrity: Encryption maintains integrity in data. There is always a high chance that hackers can steal and alter data when they sent (Lewko Waters, 2012). Encryption saves the data integrity and hackers are unable to crack it. Privacy: Encryption is utilized to protect the data and thus can be claimed as privacy protector. When a sender is trying to send a data, there is a high chance that the hackers can read the entire message without the senders concern. Due to the key provided by encryption algorithm, hackers are unable to steal the data or message and the privacy is maintained Compliance: Many organizations have various compliance policies to maintain the privacy of the data (Biham Shamir, 2012). Encryption is a part of all these compliance policies. Symmetric Key: Symmetric key algorithms are cryptographic algorithms, which utilize the identical cryptographic keys for both encoding of the plain text and decoding of the cipher text. In this type of encryption algorithm, both the sender and the receiver have the same key for encryption and decryption. The main advantage of this algorithm is that the complexity is reduced as the encoding and the decoding is done with the same key and the data is extremely secured (Agrawal Mishra, 2012). Another advantage of symmetric key is that it is relatively fast because of its simplicity. However, in spite of having so many advantages, symmetric key cryptography do has some major disadvantages. The main disadvantage of this algorithm is that the key is shared, since both the sender and receiver uses the same key. Another key disadvantage of this algorithm is that if the key is lost, there is a high chance that the data cannot be decoded. Public Key: Public key or asymmetric key algorithms are just the opposite to symmetric key. Here the sender and the receiver of the data use two different keys for encoding and decoding the message (Abawajy, 2014). The major advantage of this algorithm is that security is higher than symmetric key algorithm as the key is not shared amongst the sender and receiver. The disadvantage of this algorithm is that it is slower than the symmetric key algorithm. Hashing: Hashing is a type of cryptographic security that is different from encryption. In encryption, only two steps are required, that is first the message is encoded and then the message is decoded (Sobti Geetha, 2012). Whereas in hashing, the message is concealed into an irreparable value of fixed length, which is also known as hash. Symmetric key encryption and Public key encryption are used for confidentiality that is these two algorithms keep the data confidential and secured from intrusion. Whereas, hashing technique is used for authentication as it mains the authenticity of the data (Lewko Waters, 2012). There are various hash functions, which have many security applications like digital signatures that maintain the authenticity. Secure Networks: An organization is always unsafe, when it comes to its security of information. It is the responsibility of the security administrator of that organization, to stop or mitigate any kind of security issues. A major problem of security in any organization is the Denial of Service attacks or DoS attacks (Stallings Tahiliani, 2014). This attack is a type of cyber attack, where the illegal person or the hacker seeks to build a network resource or a machine unavailable to the authorized users by unspecified or temporary disruption of services of a host that is connected to the internet. DoS is usually executed by blocking the service of the user by the hacker. The illegal person or the hacker comes in between the service of the Internet. The main aim is to overload the systems so that the user is unable to use them (Perlman, Kaufman Speciner, 2016). There are various type of Denial of Service attacks. They are as follows: Distributed Denial of Service: In distributed Denial of Service attacks, the hacker utilizes more than one distinctive IP address (Zhang et al., 2015). Most of the time the hacker uses thousands of distinctive IP addresses. The user gets confused that from which IP address hacking is done. Application Layer Attacks: This type of denial of service attacks is different from the distributed denial of service attacks. Here, the hackers focus on the application layer of the Open Systems Interconnection or OSI model. The attack exercises distinct aspects or functions of a particular website with a wrong intention of disabling the aspects and the functions (Yu, 2014). This application layer denial of service attacks are way different than the complete network attack and are mainly utilized against various financial institutions to distract the IT professionals for breaching. An organization is mainly faces the DDoS or the Distributed Denial of Service attacks (Tan et al., 2014). However, the security administrator can take various ways to make their security strong. The two ways to mitigate or stop DDoS in the organization are as follows Firewalls: Deploying a firewall or an anti virus program can help to prevent Denial of Service attacks in an organization. The antivirus program or the firewall restricts the usage of bandwidth to the authorized users only. When the hacker or the intruder tries for denial of service attack, the firewall or the antivirus program stops him. Often, the hacker gets exposed through the firewall. It is a security system of network, which detects and manages the outgoing and the incoming network traffic that is based on previously determined security rules (Tan et al., 2014). An antivirus program usually installs a barrier between the secured network and any other outside network for example the Internet. Firewalls are sub divided into host-based firewalls or network firewalls. Host-based firewalls provide one layer of software on any one host, which manages network traffic. Traffic is filtered within two or more networks in network firewalls (Stallings Tahiliani, 2014). These networks are either hardware based firewalls or general-purpose hardware or software appliances. These two types of firewalls can prevent DoS attacks and can protect the organization. Server Configuration: This configuration of servers can help to decrease the chances of attacks (Zhang et al., 2015). The security administrator or an organization looks at the network configurations and makes the firewall policies strong enough to block the unauthorized users from addressing the resources of the server. The server is secured and configured and thus, it helps the users to stop and mitigate hacking. Passwords are important for all systems to stop hacking (Perlman, Kaufman Speciner, 2016). When the firewall is installed, the hacker is not able to find out the server and even if he is able to find out, he cannot enter or make any changes in the server and finally DoS attack can be prevented. The above-mentioned two ways can be useful for the system administrator to make his organization safe and secured from Denial of Service attacks. Access Control: This is another way of securing the IT systems. Access control is the choosy limitation of access to a particular resource or place (Choi, Choi Kim, 2014). The term access control refers to the practice of limitation of entry to a folder, file or system. Physical access control can be attained by an individual through various ways like locks and keys or through technical means like the access control systems. The security administrator of an organization has the responsibility to control the access of his systems (Ruj Nayak, 2013). There are certain rules for working in secure areas. The rules are as follows: Maintaining Integrity: When a user accesses a system, he/she should maintain the integrity of the system (Zhang et al., 2015). All the employees and the staff members of the organization should maintain the integrity of all the resources of internet. Actions Limited: All the actions and activities of all the employees should be limited that means; internet should not be used for personal purposes (Li, 2013). The users should be authorized and sanctioned Login Required: All employees should login and the information should be secured. Password: All systems should be password protected. Trash or recycle bin is a temporary storage for various files which are deleted by the user. However, the deleted files does not get permanently erased from the system (Hu, 2013). The user has to manually erase from the computer and only the files will be permanently deleted. There is an option to undelete or recover those files from the computer and they will be again saved in the previous location. In the trash folder, a record is stored of each file and the main location of the directory. On definite operating systems, different files are carried out from the trash bin only before they can again be used (Perlman, Kaufman Speciner, 2016). Whether or not the files that are deleted by a particular program automatically move to the recycle bin is dependent on its degree of amalgamation with a particularfunction and its desktop environment. The lower level advantages usually surpass the layer completely and remove the files immediately. A particular program, which includes the file ma nager functionality, may or may not forward files to the trash bin, or it may enable the user to select within those options (Li, 2013). Trash bins can be protected with the help of certain security like passwords. These passwords are to be changed from time to time, so that unauthorized users are unable to access them. There is always a danger or risk for unauthorized computer access in any system. However, this can be controlled with various techniques (Stallings Tahiliani, 2014). The different techniques to mitigate or reduce the desktop PC theft or unauthorized computer access are as follows: i) Use of passwords: Every system should be password protected, so that there will be no risk of fake access of devices or systems. ii) Antivirus: All systems should be antivirus protected so that there is no chance of virus or malware attacks. iii) Up to Dated Software: This is another technique of reducing the risk of unauthorized access to the computers. Software plays an important role in the access control of any computer (Zhang et al., 2015). Therefore, the software should be up to dated regularly to avoid hackers and wrong access to desktops. iv) Software Security: Security of the installed software should be verified without failure (Perlman, Kaufman Speciner, 2016). This is another technique of reducing the risk of unauthorized access. v) Firewalls: All systems should have their own personal firewalls that can protect the system from being hacked by intrusions. vi) Early backups: This is another important technique for reducing the risk of desktop PC theft. Backups should taken time to time. vii)Protection from power losses: The desktop should be protected from any type of power losses and surges (Hu, 2013). viii) Safe Internet Surfing: Unauthorized websites lead to hacking. Internet surfing should be safe and secure. Firewalls: Firewall is a security system of network, which detects and manages the outgoing and the incoming network traffic that is based on previously determined security rules (Salah, Elbadawi Boutaba, 2012). An antivirus program usually installs a barrier between the secured network and any other outside network for example the Internet. Firewalls are sub divided into host-based firewalls or network firewalls. Host-based firewalls provide one layer of software on any one host, which manages network traffic. Traffic is filtered within two or more networks in network firewalls (Dhage Meshram, 2012). These networks are either hardware based firewalls or general-purpose hardware or software appliances. IDS: Intrusion Detection System is an application of software, which detects the systems or the networks for any type of violations in policies and malicious activities (Li, 2012). When any type of intrusion is detected in the system, it is immediately informed to the administrator or recorded through a system known as Security Information and Event Management or SIEM. This SIEM system amalgamates the outputs from the various sources and utilizes techniques for filtering the alarm to identify the malicious activities from false alarms. There are two types of filtering IDS use. They are as follows: a) Deep Packet Inspection: Deep packet inspection or DPI in short is a type of packet filtering of computer network, which evaluates the part of data of a particular packet as it passes through a point of inspection (Stewart, 2013). It searches for non compliance protocol, intrusions, spam, virus or defined criteria to determine whether that packet should pass or routing is needed towards a different destination. There is another purpose of storing statistical information, which works at the Application Layer of the Open Systems Interconnection or OSI model. There are various ways to attain packets for deep packet inspection. Span Port or Port Mirroring is the most common way for acquiring packets (Liao, 2013). Deep Packet Inspection allows security functions, user service, advanced network management, internet censorship, eavesdropping and internet data mining. DPI is utilized in a broader range of applications, at the so called enterprise level that is the larger institutions and t he corporations in the service providers of telecommunications and also in governments. DPI helps them to secure their internet service providers and internal networks (Dhage Meshram, 2012). Other uses are quality of service, lawful intercept, targeted advertising, copyright enforcement, policy definition and enforcement and offering tiered services. b) Packet Stream Analysis: A packet analyzer or a packet sniffer is a computer program, which can log and alter traffic that crosses over a part of a network or a digital network. When the data streams flow through the network, the packet analyzer captures each of the packet and whenever needed, can decrypt the raw data of the packet. This shows the values of different packet fields and evaluates the content accordingly. The process of logging and altering or intercepting data is known as packet capture (Li, 2012). On LANs like FDDI networks, Token Ring and Ethernet, the traffic can be captured on either parts of the network or the entire network from a single machine. However, some of the methods often avoid narrowing of traffic to obtain access by specific switches to traffic from all other systems. The example of this is the ARP Spoofing. In network monitoring purposes, all the data packets are monitored by utilizing a network in a LAN with a monitoring port (Salah, Elbadawi Bout aba, 2012). This monitoring port mirrors all the packets, which crosses through all of the ports of the switches, when the systems are connected to a switch port. The main uses of packet analyzers are as follows: Monitor usage of network Analyze problems of network Detect misuse of network by various users Obtain information for the intrusion of network Monitoring data in motion (Stewart, 2013). Detecting attempts of network intrusion Isolating exploited systems Filter suspected content from network traffic Spy on other network users Therefore, from the above discussion it can be concluded that IT security is important for all computers and there are various techniques for security. The above assignment contains four important techniques of IT security with proper details References Abawajy, J. (2014). User preference of cyber security awareness delivery methods.Behaviour Information Technology,33(3), 237-248. Agrawal, M., Mishra, P. (2012). A comparative survey on symmetric key encryption techniques.International Journal on Computer Science and Engineering,4(5), 877. Behnia, A., Rashid, R. A., Chaudhry, J. A. (2012). A survey of information security risk analysis methods.SmartCR,2(1), 79-94. Biham, E., Shamir, A. (2012).Differential cryptanalysis of the data encryption standard. Springer Science Business Media. Choi, C., Choi, J., Kim, P. (2014). Ontology-based access control model for security policy reasoning in cloud computing.The Journal of Supercomputing,67(3), 711-722. Dhage, S. N., Meshram, B. B. (2012). Intrusion detection system in cloud computing environment.International Journal of Cloud Computing,1(2-3), 261-282. Hu, V. C., Ferraiolo, D., Kuhn, R., Friedman, A. R., Lang, A. J., Cogdell, M. M., ... Scarfone, K. (2013). Guide to attribute based access control (ABAC) definition and considerations (draft).NIST special publication,800(162). Lewko, A. B., Waters, B. (2012, August). New Proof Methods for Attribute-Based Encryption: Achieving Full Security through Selective Techniques. InCRYPTO(Vol. 7417, pp. 180-198). Li, J., Chen, X., Li, J., Jia, C., Ma, J., Lou, W. (2013, September). Fine-grained access control system based on outsourced attribute-based encryption. InEuropean Symposium on Research in Computer Security(pp. 592-609). Springer, Berlin, Heidelberg. Li, Y., Xia, J., Zhang, S., Yan, J., Ai, X., Dai, K. (2012). An efficient intrusion detection system based on support vector machines and gradually feature removal method.Expert Systems with Applications,39(1), 424-430. Liao, H. J., Lin, C. H. R., Lin, Y. C., Tung, K. Y. (2013). Intrusion detection system: A comprehensive review.Journal of Network and Computer Applications,36(1), 16-24. Perlman, R., Kaufman, C., Speciner, M. (2016).Network security: private communication in a public world. Pearson Education India. Ruj, S., Nayak, A. (2013). A decentralized security framework for data aggregation and access control in smart grids.IEEE transactions on smart grid,4(1), 196-205. Salah, K., Elbadawi, K., Boutaba, R. (2012). Performance modeling and analysis of network firewalls.IEEE Transactions on network and service management,9(1), 12-21. Sobti, R., Geetha, G. (2012). Cryptographic hash functions: a review.IJCSI International Journal of Computer Science Issues,9(2), 461-479. Stallings, W., Tahiliani, M. P. (2014).Cryptography and network security: principles and practice(Vol. 6). London: Pearson. Stewart, J. M. (2013).Network Security, Firewalls and VPNs. Jones Bartlett Publishers. Tan, Z., Jamdagni, A., He, X., Nanda, P., Liu, R. P. (2014). A system for denial-of-service attack detection based on multivariate correlation analysis.IEEE transactions on parallel and distributed systems,25(2), 447-456. Yu, S. (2014).Distributed Denial of Service Attack and Defense(pp. 15-29). Springer New York. Zhang, H., Cheng, P., Shi, L., Chen, J. (2015). Optimal denial-of-service attack scheduling with energy constraint.IEEE Transactions on Automatic Control,60(11), 3023-3028.