Hacking: Identity Theft and Information Essay

1538 Words May 31st, 2013 7 Pages
Hacking the AIS

By Helen Tewolde

ACC 564

Thomas Wood

Introduction
This paper will discuss accounting information system attacks and failures: who to blame. I am also going to discuss the following related topics in the following order:
Firstly, I will take a position on whether a company and its management team should or should not be held liable for losses sustained in a successful attack made on their AIS by outside source. Secondly, I will suggest who should pay for the losses, to whom, and state why. Thirdly, I will give my opinion regarding the role, if any; the federal government should have deciding and enforcing remedies and punishment. Finally, I will evaluate how AIS can contribute or not to contribute to the
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Therefore, as the above analysis shows, a company and its management team should be held liable for losses sustained in a successful attack made on their AIS by outside sources.
The Organization should Pay for the Losses
As it was mentioned above, a company and its management team should be accountable for the losses sustained in a successful attack made on their AIS by outside sources. All employees and management team belong to the company they work for. Therefore any failure by the management team or employee is the failure the company or the organization as whole. Particularly, the breach of security and violation of privacy has always very serious consequences on organizations. The two major privacy related concerns are spam and identity theft.
Spam is unsolicited e-mail that contains either advertizing or offensive content. Spam not only reduces the efficiency benefits of email but also is a source of many viruses, worms, spyware programs, and other types of malware. To deal with this problem, the US Congress passed the Controlling the Assault of Non-Solicited Pornography and Marketing (CAN-SPAM) Act in 2003. According to Federal Trade Commission (FTC), each separate email in violation of the CAN-SPAM Act is subject to penalties of up to $16,000.
Identity Theft is the unauthorized use of someone’s personal
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