Data Fraud Essay

The company is served by an IT infrastructure comprising of an amalgamation of off the shelf software and components and locally developed applications and middleware. The hardware infrastructure is by and large robust and capable of withstanding any current operational peaks. The infrastructure employs a high level of redundancy and good recovery and password management systems, so there is little risk of high business impact in the case of IT issues. No architecture document exists and minimal change control is executed.

These extremely large data sets may be analyzed computationally to reveal patterns, trends, and associations relating to human behavior and interaction. These analysesaffect us on day to day basis positively and negatively and the legality of how this information is collected and the laws that apply may be unclear. Both with or without users' knowledge, consumer personal data is collected from every daily, digital activity; from purchases, web searches, amazon searches, browsing history, and phone use. This data is generated, and then downloaded and stored. [15] Companies can then use this data to create "data sets" or large files of users' data to produce customer profiling. This data can also be used by police, the governmental bodies, scientists, businesses, military, and other industries where occasional breaches of data are expected .[16] Breaches and leaks of personal information including phone calls, credit card information, home address, and personal phone numbers are examples of information that is logged and stored by these corporations while making "data sets". Much of this information is being processed and sold to marketers for the purpose of marketing their products. This information is stored digitally and in some cases, regardless of the security of the information being stored, there are risks of unauthorized parties

BUSINESS IMPACTS: SEVERE. This type of impact (insecure authentication) often leads to Identity theft/loss, Fraud, Reputation damage, loss of assets, violation of

There can be multiple risks. The risks in my project can be delay in setting up the database and servers, issue with the hardware, and unavailability of the resources due to unforeseen circumstances. Out of which I am considering the unavailability of the resources (major implication) and will answer the following questions.

The amount listed is the enrollment agreement was 10,020.00 which gives a difference of :

Like many of its most profitable competitors, Alcan has grown quickly through insightful series of mergers, acquisitions and rapid product development and launch strategies throughout the major markets it sells into. The company has settled on a highly decentralized divisional business model that has to the point of the case study served them well. Their IT systems are showing signs of massive overduplication of expense, with a $500M level of spending on enterprise applications with SAP being the majority. There are further signs of massive waste in their highly diversified organizational structure. There are 400 systems in the company all dedicated to pricing, a massive duplication of costs, time and effort on the part of IT across the five divisions. There are also over 1,000 concurrent enterprise-class IT systems being used throughout the company at any point in time. Conservatively speaking the company is spending 20% of their total enterprise software spend on maintenance costs alone. This is forcing the CIO, Robert Ouelette, to re-evaluate both the organizational structure and IT systems supporting it. The goals of this analysis are to evaluate the advantages and disadvantages of the existing application or IT management structure. An analysis of the proposal by Robert Ouelette is also provided along with an assessment of it potential effectiveness in solving the challenges is facing today.

The major goal is to integrate Information Systems/Information Technology with the corporate strategy to use information for better governance and management. This has improved with the connectivity and networking and also the shrinking cost- performance ratios in technology. IT governance thus is a result of the complete merger of computer and communications technologies, like data processing and high advancement in networks, and integrated systems. (Bloomfield; et al, 2000) To this extent the software of the stand alone systems have to be converted to a single functional system for all requirements and the system involves the creation of a network with the following functionality:

many different things that you also need to think about as well. Just like how roads made travel easier for people hundreds of years ago but then also brought forth enemies on those very roads, you have to be aware of the problems that can come when you transfer more of your information and data online. A few of the major data breaches that have occurred recently should show exactly what you should and what you should not be doing to protect your organization from being next on the list.

On the other hand it can also collect some sensitive information, that can be further sent to any third party for revenue generation.

However, there are some of the risks associated with adoption of big data for the

The risk is the potential of a security breach for the online programs. Employees not only have to learn how to use the new databases, programming, and processing but also understand the basic internet and computer

This results in improper access, compromising privacy and confidentiality of the data, unauthorized viewing of the data, and tampering of the data.

Ubisoft has different production, marketing, administrative and Internet teams in different countries. As each department uses different IT systems, managers have an initial problem of whether the IT centres should be centralised or decentralised. Centralisation has its advantages as it offers a rapid system response, it can save money through avoidance of duplicated activities and offers better security. Its disadvantages include if the central unit fails then the entire system will collapse and they might lose touch with the goals of major IT departments.

When the CEO launches two new strategic initiatives requiring integration across all business units, the organization – whose IT decisions have been largely delegated to its business units in proportion to their revenue generating capacity – now faces the dilemma of how to prioritize its IT projects in order to support the new strategic “enterprise” vision.

A business can not work out without an account system, which includes internal. Internal controls are used by companies to make sure financial information is accurate and valid. Strong internal controls are signs of a financially healthy company and protect the company’s integrity. Strong internal controls can also increase a company’s profitability. There are several types of internal controls that companies used to protect themselves such as: Segregation of duties, asset purchases, supervisor review, internal audits and adequate documents and records. This paper will discuss several topics from a case study about And the Fraud