The CEO of any organization needs to not only be part of the policies and standards that present but they also need to be the main supporter of all initiatives. Whether the CEO writes their own policies or buys them of the shelf, they need to make sure they are followed and that all compliance issues are covered correctly. It is important to remember that information security is as much a business issue as it is a technological issue. If all groups work together and abide by policies and standards that are written for the organization then the organization will stand a better chance at being secure. Having a security policy that is easily measured and enforced is the key (Symantec, 1995-2010) to this success.
These data holds the vital basic information on each employee, and in the wrong hands, it can become detrimental to both the business and the employees. It is the reason everyone in the business should be secure, and report any suspicion that someone has tampered with his or her information. The company should deal with such matters with the necessary urgency, as they can prove catastrophic. The data can be either an electronic file or a hardcopy paper file. The storing of such data calls for necessary security that would protect the employees’ privacy on their information from any litigation or theft.
Policies and standards are integral to maintaining information systems security. Polices define the law and standards describes how to implement the policies. The policy should include the mission and objectives of the business as well as ensure the goals are met safely and securely. An effective information security policy defines the objectives of the business and outlines the strategy to achieve its goal. These policies and standards should inform employees, senior management to entry level, their required responsibilities for protecting the information system of the organization.
Documentation is also important too because you need to keep records of any financial reports for the company for internal and external auditing that is done, it should kept on file as well on file in with the computer too for safety reasons. Independent internal verification would be put into place because you have to make sure that the data is correct for your business, and if anything is wrong it should be reported and corrected right away. Lastly I would want to bond my employees because I would want to make sure that my employees can be trusted to handle money and if any were to happen I everything would be covered for everyone involved. The way that my managers would use the financial information would be to determine how much salaries would be for employees as well as how much money would go into purchasing goods for the company too. All these things would determine how much revenue would come into the business and how much we lose as well.
Compliance Law | Description of Compliance Law | Rationale for Using this Law | FISMA | The act requires each federal agency to develop, document, and implement an agency-wide program to provide information security for the information and information systems that support the operations and assets of the agency, including those provided or managed by another agency, contractor, or other source. | FISMA was a way of protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, or destruction within federal agencies and their contractors. | SOX | SOX not only affects the financial side of corporations, it also affects the IT departments whose job it is to store a corporation's electronic records. The Sarbanes-Oxley Act states that all business records, including electronic records and electronic messages, must be saved for "not less than five years." | SOX was enacted in response to the high-profile Enron and WorldCom financial scandals to protect shareholders and the general public from accounting errors and fraudulent practices in the enterprise.
The most important purposes behind the Code of Professional Conduct are to protect the investor, the employee, and the creditor. These are important because it is these people that make the company what it is. The people that see the financial statements for a company deserve to know the truth about how the company is doing and these rules are put into place to ensure that. If financial information is misstated the investors may think a company is
Research Paper: Paralegals and their impact in the legal community The paralegal profession has a great impact on the legal community and has many responsibilities. I am going to explain the many facets that profession of paralegal offers and all the services and job responsibilities that come with this job. I am going to explain the importance that paralegals serve to the legal field and what kind of impact they have on lawyers and law firms. Lastly, I will also outline the ethical standards that paralegals must adhere to and how this might affect clients. The Paralegal job title is also known as a legal assistant or as legal aides.
Every company involved must do its part of resolving any legal disputes, such as drafting a choice-of-law clause. Drafting this clause is a good beginning because it helps both parties protect and define specific laws. If a legal dispute does arise both parties may want to consider other options before taking any legal actions, options like; the original contract, the partnership, relations and investments with the country in which the company is located, and government laws where business is transacted. A factor that may not have a favorable outcome
One challenge is that the employers must keep abreast of the changes related to federal employment law and develop individual policies accordingly. The employers must adhere to the laws in order to avoid law suits and put forth effective leadership. Employment relationships are considered to be a contract. As a result, serious consequences can arise if there are any violations of the contract. Another challenge is that there are many restrictions on the employer related to employment law.
If a person becomes harmed by that of the government they have to follow the law and if they don't follow it will end up as a constitutes of a due process violation that will end up offending against the rule of the law. With the due process it is divided into a substantive and procedural categories. With the substantive process it relates to the general rights like the freedom of speech and the right to privacy. With the procedural process it relates to be able to