Analysis Of Jacket X 's Payroll Processing System

Currently there are over 700 employees all of which are paid by cheques printed on a bi-weekly basis. Manual cheque printing is neither cost nor time efficient. Payroll direct deposit can significantly reduce the production, administration and

The Firm strives to ensure that paychecks are accurate. Each employee is required to review the employee’s paycheck and pay stub documents to verify the accuracy of each employee’s paycheck. If the employee notices an inaccuracy (underpayment or overpayment), the inaccuracy must be promptly reported to the Firm Administrator within three business days. The Firm Administrator will investigate and correct any inaccuracies.

Risk assessment and threat assessment should go hand-in-hand.The outcome of the risk assessment and threat assessment should provide recommendations that maximize the protection of confidentiality, integrity and availability while still providing functionality and usability. The purpose of a risk assessment is to ensure sensitive data and valuable assets are protected. An organization should take a hard look at who has access to sensitive data and if those accesses are required. The security audit should monitor the companies systems and users to detect illicit activity.The security audit should

Enclosed is a report of Ms. Nieves payroll check. The entry of date 02/03/17 and 02/17/17 was entered improperly.

In today’s IT world every organization has a responsibility to protect the information and sensitive data they have. Protecting data is not only responsibility of security and IT staff but every individual is involved in protecting the information. The risks to information security are not digital only, but it involves technology, people and process that an organization may have. These threats may represent the problems that are associated to complex and expensive solution, but doing nothing about these risks is not the solution.

In order to diminish both security and privacy risks to organizations, measures need to be taken to combat risks throughout the various stages of the threat’s life cycle. Specific processes must be implemented to identify threats, procedures to follow when the attack occurs, and finally methods to recover from the attack (Houlding, 2011).

Risk management includes the “overall decision-making process of identifying threats and vulnerabilities and their potential impacts, determining the costs to mitigate such events, and deciding what actions are cost effective to take to control these risks” (Conklin et al, 2012, pg. 678). For the proper development of risk management techniques, every person at every level of the organization, especially those involved in the Information Security (IS) department “must be actively involved in the following activities:

Threat modeling is the process of optimizing an organizations’ security of their network by finding vulnerabilities in that system, and then deploying countermeasures to protect against those threats should they happen in the future. If a company wants to know what vulnerabilities they may have then threat modeling is an excellent way of determining these threats. An individual threat is when an event occurs that has a negative impact on an organization’s daily operations. (Rouse, 2006). These negative impacts can manifest themselves in many ways from damaging the reputation of that organization to interrupting the functions of that organization. These threats can be in the form of destruction or stealing sensitive data, cracking of weak passwords, malware, phishing, or other scams and frauds. The goal of this paper is to address how the organizations code of ethics and security policies apply, what specific security policies can be deployed, and to identify the impact of asset security standards and governance. I chose Northrop Grumman as the focus of my paper

Security monitoring is an important factor in keeping any organization network safe as various attacks are on a rise. A company constantly must practice monitory techniques to keep their data safe. " The first step is to scan the internal and external environment and identify information technology risks before they become a problem. The key is to be proactive rather than reactive" (Marilyn Greenstein). Different organization consist of many applications that require a certain level of security measures and risk assessment. To determine the associated risks within an organization each application

Our managers face a range of threats and consequences for security failures including financial loss, civil liability and criminal liability. Threats can come in many forms including physical probing, invalid input, and linkage of multiple operations. In order to limit these types of threats, Sobota will comply with the following organizational security objectives: audit, information leakage, and risk analysis. A risk analysis will identify portions of Sobota’s network, assign a threat rating to each portion, and apply the appropriate level of security. They will

that handles payroll, they can make the electronic direct deposits but they are unable to post electronic

While all of these technologies have enabled exciting changes and opportunities for businesses, they have also created a unique set of challenges for business managers. Chief among all concerns about technology is the issue of information security. It seems to be almost a weekly occurrence to see a news article about yet another breach of security and loss of sensitive data. Many people will remember high profile data breaches from companies such as T.J Maxx, Boston Market, Sports Authority, and OfficeMax. In the case of T.J. Maxx, a data breach resulted in the loss of more than 45 million credit and debit card numbers. In many of these incidents, the root cause is a lack of adequate security practices within the company. The same technologies that enable managers can also be used against them. Because of this, businesses must take appropriate steps to ensure their data remains secure and their communications remain

1. There’s a potential risk of delegating one-person manipulating the recording and authorizing of the payroll accounts.

The analysis of 2,260 breaches and more than 100,000 incidents at 67 organizations in 82 countries shows that organizations are still failing to address basic issues and well-known attack methods. The (DBIR, 2016) shows, for example, that nearly two-thirds of confirmed data breaches involved using weak, default or stolen passwords. Also shows that most attacks exploit known vulnerabilities that organizations have never patched, despite patches being available for months – or even years – with the top 10 known vulnerabilities accounting for 85% of successful exploit “Organizations should be investing in training to help employees know what they should and shouldn’t be doing, and

Information security professional’s job is to deploy the right safeguards, evaluating risks against critical assets and to mitigate those threats and vulnerabilities. Management can ensure their company’s assets, such as data, remain intact by finding the latest technology and implementing the right policies. Risk management focuses on analyzing risk and mitigating actions to reduce that risk. Successful implementation of security safeguards depends on the knowledge and experience of information security staff. This paper addresses the methods and fundamentals on how to systematically conduct risk assessments on the security risks of information systems.