Another risk that the firm faces is legal. Just like employees can file lawsuits against the company other stakeholder groups such as suppliers and customers can also take legal action against the company. The unionization of employees is a risk that can affect the employee relations of the company. A union can ask for exorbitant pay raises which could force Walmart to raise its payroll expenses which would lower the profitability of the firm. A union also has the power to shut down the operations of the firm if the employees go on
So what is a whistle blower? According to Black’s Law Dictionary, a whistleblower is an employee who turns against their superiors to bring a[n] problem out in the open. BusinessDictionary.com states that a whistle blower is a person who discloses improper or criminal activity within an organization. Finally, under Sarbanes Oxley, “A “whistleblower” is someone, usually an employee, who reports an employer who has broken the law to an outside agency.” Under this very important act, whistleblowers are protected by federal and state laws. Employers may not retaliate against them for reporting misconduct.
The quality of the disclosure is certified by the audit committee and the Company’s outside auditors. The certification required under Section 302 is a change under the Security and Exchange Commission. The certification required under section 906 is an amendment to the U.S. Criminal Code. The overlap of certifications increases the penalty for inaccurate disclosure and/or failure to disclose the required information (Deming, 2006). Sarbanes-Oxley Act is designed to make all personnel accountable for their action or inactions.
MGT2 Task 3 Part A. Addendum to Xemba Translations’ Telecommuter Expansion Project Risk Assessment Matrix Description of Risk | Impact | Likelihood of Occurrence(L,M,H) | Degree of Impact(L,M,H) | Initial Action to Take if Event Occurs | Team Member Responsible | Strategies for Prevention and Mitigation | | Customer data becomes public, or altered because of lax in security on telecommuters computers | “The FTC Act provides penalties monetary, as well as, criminal for violations of consumer data privacy,” (Jolly, 2013). Consumers may also elect to pursue civil action. | L | H | Deny further access to the company database from any external sources until measures are taken to assure this does not happen again. | Hugh, Malinda | Make sure there is a privacy policy in place and that employees are aware of it and the consequences of violations. Secure the Telecommuters computers before they are distributed.
Assignment / Case Study Wk-5: (60 points) You have just been hired as an information security engineer for a large multi-international corporation. Unfortunately your company has suffered from multiple security breaches that have threaten the public's trust that their confidential data and financial assets are private and secured. Credit card information was compromised by an attacker who infiltrated the network through a vulnerable wireless connection within the organization. And the other breach was an inside job, where personal data was stolen because of weak access control policies within the organization which allowed an unauthorized individual access to valuable data. Your job is to develop a risk management policy that addresses the two security breaches and how to mitigate these risks.
In the end, I had an employee who had violated the NDA, Aaron Web, and another employee who had broken the law for tdhe company, Jamal Moore. * The first step taken in the case was to figure out what the problem really was and what issue applied to the problem. My decision on this was, “Whether you should use the information obtained by Jamal Moore to discipline Aaron Webb for violating the NDA.” Personally, I was worried that if I knowingly used the illegally-gathered information from Jamal against Aaron, would be unethical and pose a possible legitimate for Aaron against the company. * The second step was to identify the stakeholders. It
A Vemont court also ruled that an employee could sue under a promissory estoppel theory in addition to his claim for breach of implied contract. Additionally, if Pat is able to prove that his stance at a school board meeting led to his discharge, he may be able to sue under the Public Policy statute. The onus is upon Pat to prove that the termination was based upon retaliation and malicious
An internal whistleblower reports the misconduct to another person working within the place of business, such as another employee or a superior. An externalwhistleblower, however, reports the misconduct to an outside agency, such as the media, a lawyer, law enforcement, or special protective agencies. In many countries, the whistleblower is protected by law. The United Kingdom, for example, passed the Public Interest Disclosure Act in 1998. This act protects the whistleblower from being fired when reporting malpractice or other forms of misconduct.
In the wake of the current financial aid scandal some pretty serious accusations and findings have been released to the public’s attention. This scandal is like many we see today filled with lies and deception. This though is not my moral argument. As the scandal continues to unfold, implementations are being made in order to reduce corruption and bring back structure to the system. The question of whether or not to get rid of the “preferred lender” list is the problem.
It had been running this way forever”(Case study page 3 para.3). I think this is shifting responsibility, and this kind of working environment is not good for a company. 2. What organizational changes that the company should have been made (but failed to do) before and during the project to ensure the success of the Access+ project? In my opinion the organizational changes should be as follow: 1.