Question

Search the Internet for an AIS security threat or attack new story or article. Summarize your findings in a discussion board post to share with your classmates.

Answer the following questions:

1. Describe the company & it's business that was a victim of the Cyber security attack.

2. When did this security breech occur?

3. What method of attack was used (virus, worm, spam etc)?

4. How many users were effected?

5. What was the financial impact on the company?

Answer 1

The unauthorized access to the data and/or system by employees is also a risk and threat to the accounting information system. This would rarely happen in many organizations especially the electronic retail shop. When it does it could be as a result of insecure password systems.The creation of fictitious or incorrect output is another internal generated risk and threat to the accounting information system. This would occur rarely when periodic checks and monitoring are done. This is also as a result of unethical employees who would want to cover up some ills or to benefit from some perceived outputs. An example in the electronic retail store is when a line manager wants to get a pay raise or promotion and hence create fictitious output which shows that he exceeded targets yet in reality it is a mirage.