Unauthorized Information Systems Access
Scan the Internet for articles or evidence of Bank of America being a victim of hacking. Based on the results of your search, if the bank has been hacked, assess the circumstances around the hacking and the resulting impact to the bank's customers and operations. If the bank has not reported hacking incidents, assess the most likely security measures that the bank has implemented to protect the business from hackers.
Bank of America has experienced many data breaches in the past, yet the most troublesome are the ones where customers' data is stolen and immediately resold on the black market by employees. There are also those instances where employees and subcontractors gain unauthorized access to ATMs and steal money. These are two of the recent incidences of how the Bank of America security systems and processes have been hacked by employees and those operating in the trust of their business (Adams, 2011). The first instance involved a Bank of America employee who gained access to a wealth of customer data that included names, addresses, Social Security numbers, driver's license numbers, birth dates, e-mail addresses, mother's maiden names, account passwords and PINs, even account balances (Adams, 2011). In the second instance a series of seven Bank of America ATMs were broken into by a former contractor with Diebold Inc. (Adams, 2011). Clearly in both of these situations Bank of America had failed to put into place a series of controls that would mitigate the ability of their employees to gain access to customer data. They had also failed to define a process for revoking access to their ATMs to former contractors. This could have potentially been disastrous if the Diebold employee taught a gang or group how to steal the cash out of ATMs. Bank of America was fortunate to have only a $200,000...
Information System MIS stands for "Management Information System." It is one of the computer-based tools to manage organizational operations efficiently. It consists of software that managers' use in making decision, for data storage, in project management applications, for records and procedures for making customers relations etc. Nowadays most of the organizations have separate MIS department which is basically responsible for computer systems. MIS is also called "Information System" or "Information Technology."
Moreover, client management tools enable companies/organizations to manage better their computer systems, ensuring that the system is secure, and that all servers are functioning properly and are securely connected to its network. An example of an organization that has utilized client management tools is Microsoft Corporation, which specifically subscribed to FullArmor and DesktopStandard so that administrators of computer systems (i.e., users) can "manage, customize and lock down desktop and server
Accounting Information Systems have emerged as very famous components of modern businesses mainly because they offer beneficial and timely information to management in addition to being cost-effective. Generally, these systems are helpful in book account payables, cash transactions, receivables, and every other accounting function in an orderly manner. The need for an effective accounting information system in an organization is attributed to the huge volume of data handled by accounting
Components of an Accounting Information System Accounting Information Systems An accounting information system is a vital tool for any organization. The system will support the organization in making critical strategic and business decisions. Having a system that captures, records, processes, and records financial data for an organization will also reduce errors in billing and shipping. This paper analyzes the six main components of an accounting information system. An accounting information system is a
The greater availability of patient records can make it easier to create false claims, through electronic tampering. This is yet another risk of telemedicine, which must be guarded against through encryption and proper security infrastructure. Selling patient information to external entities? People with long-term diseases like diabetes, or even those only genetically predisposed to genetic conditions, could be denied job opportunities or refused health insurance "if information stolen from data banks
International Information System Security of a Global Enterprise IT Network Managing the security for an international network that supports key enterprise applications including marketing, sales, human resources, finance and administration across four continents must be coordinated with a strategic security information systems plan. The intent of this analysis is to show what some of the potential security threats are to managing a diverse IT network across diverse geographic locations, and what strategies
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