TFT2 Task 4 As the chief information security officer for VL Bank, we were notified by several of our commercial customers of unauthorized wire transfers in an amount greater than $290,000. This is very concerning since we take pride in our information security. As soon as we were notified of the fraudulent transactions my security team, along with the network engineers, performed a thorough investigation of how such attack had occurred. Once we were able to view all logs and audit data it came to our attention that the data did not appear to be stolen from our network. All transactions performed were done so with the appropriate credentials.
(2010, March 20). Retrieved February 13, 2011, from prlog: http://www.prlog.org/10585016-global-online-gaming-market-potential-and-trends-available-through-bharatbook.html InvestorWords.com. (n.d.). E-Commerce Definition. Retrieved February 19, 2011, from InvestorWords.com: http://www.investorwords.com/1637/e_commerce.html.
While theft and low income consumers bring the possibility of providing only moderate revenue gains, if not a loss, operating in impoverished areas can also be a source of growing potential for the business. Many companies advertise philanthropic missions, such as donating to charities every year or helping to provide for the families of their employees. While these are messages that consumers hear, a more powerful message can be the one that the consumers themselves see. Rather than closing down those stores, Company Q should focus on the reasons for the high crime, and offer ways to reduce that crime rate. Offering work programs that help prepare young people for management or skilled positions is a good way to take crime off of the streets while showing to the community that the business cares about the welfare of the population.
(2010, March). An Empirical Analysis of the impact of information capabilities design on business process outsourcing performance. Mis Quarterly, 34(1), 3. Retrieved from http://web.ebscohost.com.eproxy.apollolibrary.com Chase, R., Jacobs, F., & Aquilano, N. (2005). Operations Management for Competitive Advantage (11th ed.).
This will make it much harder for the hacker to access the information easily. This is why you should see HTTPS whenever you are dealing with an online transaction. The S in HTTPS stands for secure which is a 256 byte encryption of the transmission. Additional system security requirements are secure user authentication, secure access control, reasonable monitoring to detect unauthorized access, reasonably up-to-date firewall protection, reasonably up-to-date security software (including current patches and virus definitions), and education and training of employees. By following these protocols, the banking industry has the ability and means to protect the customers’ information and
60.3 (2008) 30-32 Academic Search Premiere. Ebscohost. Owens Lib. 11, March 2008 Http://www.ebscohost.com Vensbruggen, Robert. “Self-Defense vs. Municipal Gun Bans”.
These overall improvements have been a step in the right direction for Lowes’ future. These improvements however do cost money but like every good business man or woman knows to make money you sometimes have to spend it. So this can affect Lowes financial planning in the present and future, currently sales and profits have grown because of the new mobile devices therefore the risk factors are minimized due to the knowledge that these improvements are working but Lowes must continue to analyze the cost for these new improvements every year make sure these things do not become a financial burden. Therefore cost analysis is one factor that can affect the financial planning of the company also minimizing the use of these devices to only the stores is another factor that needs to be considered in the financial planning process. Spending money on training of these devices are also factors that must be considered this takes employees time and cost the company man hours and thus money that could be spent on other things.
The breakup of AT&T's regulated monopoly over America's telephone communications, for example, led to ferocious competition in the long-distance market, producing both lower rates for customers and significant new investments in the fiber-optic technologies that helped make possible the internet revolution of the 1990s. And financial deregulation allowed for the creation of more sophisticated financial instruments that made it much easier for entrepreneurs to attract capital and played a huge role in fueling the booming stock market. If the price of deregulation was somewhat greater instability and occasional outbreaks of fraud, the benefits included accelerated growth and higher returns on investment. Most Americans thought that was a decent trade-off (Shmoop,
In a highly competitive business world, on a firm’s priority list is the subject of increasing profit and reducing cost. One might than pose the question, has this put them out of business (mom and pop store)? The answer is absolutely not, but rather, they too benefit from cheaper prices as they continue to buy in bulk and continue to operate as the name suggest, convenient
Cyber Crimes Jennifer Bell Investigating Cyber Crime CJ316-01 Professor Stewart January 14, 2014 In this essay we will look at the KKK a domestic terrorist group, we will look at how they have used technology to further their agenda. We will also look at a couple of case of identity theft and ways that the victims may have been able to protect themselves. The KKK, a name that has been around for many years and their message never changes. However they now have more means to deliver their message to the people, the internet gives them a broader audience to spread hate. They have a website that shares all of their information about saving the race and nation.