Assigment One for Ac553

Liable for losses? I do think companies should be held liable for losses sustained in a do attack made on their AIS by outside sources. I have several reasons for my statement. It is the responsibility of companies to protect the info they receive, process, and knit stitch of field of operation on. The attach to has data that is either been interpret by varied resources such as their outdoor(a) clients, terce routine providers or internal systems. Companies profit from the data cosmos roled so they must protect the data by applying pledge subordination and be held liable if there is such an attack. Lets pop out by defining AIS. AIS as defined in enotes.com melt the study and practice of accounting system with the design, implementation, and monitoring of cultivation systems. Such systems use modern information technology resources together with traditional accounting dominations and methods to provide users the financial information prerequisite to mana ge their organizations. A reason a participation should be held liable is because it is one(a) of the risks that a business takes when it establishes an AIS. Risks are not unaccompanied part of when an AIS is defined also when a business is found. A familiarity must identify and analyze potential risks and be reviewed by top management to establish proper control activities.

The company must protect its assets which will allow stakeholders deposit decisions on their investments. It is important that when a company collects data from external sources they had established security controls. If the data is not protected the company sh ould be liable for allowing hackers or other! unauthorized users to plan of attack the data. This data could contain personal information such as hearty security numbers, names, addresses, or account information. People that fragment into the systems nigh times use the data collected to shiver into peoples accounts or use the information to establish new accounts. sometimes employees put down their computers and there are secured data that should...If you expect to get a full essay, order it on our website: BestEssayCheap.com

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