Hacking Identity Theft and Information Essay - 1538 Words

Hacking the AIS By Helen Tewolde ACC 564 Thomas Wood Introduction This paper will discuss accounting information system attacks and failures: who to blame. I am also going to discuss the following related topics in the following order: Firstly, I will take a position on whether a company and its management team should or should not be held liable for losses sustained in a successful attack made on their AIS by outside source. Secondly, I will suggest who should pay for the losses, to whom, and state why. Thirdly, I will give my opinion regarding the role, if any; the federal government should have deciding and enforcing remedies and punishment. Finally, I will evaluate how AIS can contribute or not to contribute to the†¦show more content†¦Therefore, as the above analysis shows, a company and its management team should be held liable for losses sustained in a successful attack made on their AIS by outside sources. The Organization should Pay for the Losses As it was mentioned above, a company and its management team should be accountable for the losses sustained in a successful attack made on their AIS by outside sources. All employees and management team belong to the company they work for. Therefore any failure by the management team or employee is the failure the company or the organization as whole. Particularly, the breach of security and violation of privacy has always very serious consequences on organizations. The two major privacy related concerns are spam and identity theft. Spam is unsolicited e-mail that contains either advertizing or offensive content. Spam not only reduces the efficiency benefits of email but also is a source of many viruses, worms, spyware programs, and other types of malware. To deal with this problem, the US Congress passed the Controlling the Assault of Non-Solicited Pornography and Marketing (CAN-SPAM) Act in 2003. According to Federal Trade Commission (FTC), each separate email in violation of the CAN-SPAM Act is subject to penalties of up to $16,000. Identity Theft is the unauthorized use of someone’s personalShow MoreRelatedCyber Crime: Preventing the Horrific Crimes on the Inernet1649 Words   |  7 PagesInternet Cyber Crime, including fraud, identity theft, stalking, and hacking is a growing problem which can be prevented by taking the proper precautions. I. Background II. Cyber fraud A. Fraud sites 1. Free trials sites 2. Craigslist B. Preventing fraud 1. Personal information 2. Credit cards III. Identity theft A. Identity theft sites 1. Stealing information 2. Craigslist B. Preventing Identity theft 1. Who to give information to IV. Cyber Stalking A. StalkingRead MoreHow ATM Hacking Affects Business in the U.S Essay878 Words   |  4 PagesATM hacking has become more and more prevalent in society today. The more technology improves the more fraud is done. 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