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 theater of field of operation on. The attach to has data that is either been sum by varied resources such as their out-of-door clients, ternary routine providers or internal systems. Companies profit from the data existence roled so they must protect the data by applying earnest subordination and be held liable if there is such an attack. Lets number 1 by defining AIS. AIS as defined in enotes.com deepen the study and practice of accounting system with the design, implementation, and monitoring of nurture systems. Such systems use modern information technology resources unneurotic with traditional accounting learns and methods to provide users the financial information demand to manage their orga nizations. 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 only part of when an AIS is defined also when a business is found. A smart set 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 befool 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 should be li able for allowing hackers or other unauthori! zed users to admission fee the data. This data could contain personal information such as hearty security numbers, names, addresses, or account information. People that submit into the systems nigh times use the data collected to carve up 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 regard to get a full essay, order it on our website: OrderCustomPaper.com

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