Hacking: Implications for Computerized Accounting Information System

In the early days of computing, a hacker was primarily referred to as a computer guru, someone who is extremely technical with a high expertise in computer also known as “Expert Programmers”. Nevertheless, as technology is advancing at a face pace, hacking has adopted a completely different definition. The modern definition is someone who access a computer system primarily to steal or destroy information. Hacking has caused major harm in the realm of technology. Over the years, hackers have become much more lethal in their craft. They manage to break into complex information systems from entities such as banks, government agencies, and private businesses. Furthermore, they often manipulate their victims through social engineering in order to obtain financial benefits. Hackers hold different label such as: black hat hacker and white hat hacker in which all have their own motives.

Modern day technology has changed the ways in which people purchase products and services. In the twenty-first century, all business has pretty much converted over to the electronic payment systems. One swipe of a credit card and immediately the data transmits through a gateway onto the payee 's bank processing link. However, during the disbursement of data is when more than forty-three million people’s debt or credit card information becomes promised. May of these computer programs assume the title of Hackers. A hacker is one who installs malicious software onto individuals compter’s or computers networks. In hopes of gaining unauthorized access to sensitive information on the victim 's computer.

Modern organizations that utilize technology must now use their resources to protect themselves from malicious cybercrime activities. A “hacker” could illegally intrude into an organizations information network and use accounting software to mine information and steal assets at a relatively low risk of being caught.

In Herbert B. Dixon Jr.’s “Is Hacking the New Normal?”, the author is trying to convince the world to pay better attention to the technology in their lives. Dixon is addressing why he believes that the new “normal” is to live in a society where all technology is hacked and vulnerable all the time. Dixon creates the implied message that everything is a target, and should be handled as if it is a primary target of hacker’s attention and time, because it just might be. Dixon’s ideas are backed by statistics given by Peter Katel in his article “Identity Theft”, regarding the number of people that are attacked and how hard the economy is hit by the breach in security. Thus, showing just how many are attacked and giving validity to Dixon’s ideas about sources of information breaches. This source brings to light other sources of potential security breaches, and gives a new perspective regarding just “accepting” this new era. Dixon gives valid ideas on how to increase your safety but ultimately describes that nothing is completely safe.

Statistics show that most security breaches are direct results of insider misconduct rather than being hacked. According to the most recent Verizon Data Breach Investigations Report, about “285 million records were compromised in 2008.” Seventy-four percent of the incidents were from inside sources. Users are more likely to be victims of computer virus infections, inquisitive students/co-workers, and hardware failures than to be victims of an Internet security attack.

When people think of hacking, they think of the Matrix style hacking where they look at an interpretable screen with falling green symbols. Contrary to popular belief, hacking has become much easier as technology advances and more wireless alternatives become available such as bluetooth cars and phones. Technology companies have also begun to increase their security and has slowed the amount of attacks and has reduced the amount of personal information that can be stolen . However, even

According to “Inside America’s Hacking Epidemic”.”Cyber Attackers have breached the pentagon, State Department, and the White house, stolen the personal data of an estimated one half of Americans in attacks on banks and tech companies like yahoo. But people think that this is the correct way to use technology and a lot of the hackers are getting away with their attacks, we need to have tighter and better security, and according to “Inside America’s Hacking Epidemic”. “The government has hired hundreds of cyber detectives to montair federal agencies for breaches, and more than 6,000 hackers have been recruited to U.S Cyber Command”. Some would say that's more than enough people to get the job done. But in 2014 “They attempted to do at least 79 times- the results would be nightmarish says Tony Lawrence”.

Almost 90 percent of our society now depends on complex computer based system. With the increasingly use of computer and explosive growth of the Internet has brought many good things: electronic commerce, online banking, e-mail, video conferencing etc. The improvement of systems security to prevent criminal hacker has become an important concern to society. There are many ways to protect those information systems; it seems that the Ethical Hacking is a better way. Therefore, whether to teach or not teach the "Ethical Hacking" as a course in Tertiary education has become an interesting argument. In this article will analysis the ethical, legal, and ethical implications of this issue.

Hacking has evolved from juvenile’s curious action into serious criminal act. The low cost of computers and ease of accessing internet has allowed proliferation of criminals to use these tools to research and attack their targets. The main goal is criminal exploit and to exploit learn hacking techniques to accomplish goal. The use of electronic devices and internet leave behind digital marks and fortunately criminal first hackers have a difficult time erasing their trail allowing for the savvy digital forensics investigator to collect evidence and locate the criminal.

Many crimes have been committed using the computer as a target. Hackers have been known to target major corporations and hack into their feeds and disrupt their network flow. In 2000, on February 7, the Yahoo domain was down for three hours, due to hackers

The types of cybercrimes. In particular, spear phishing, watering-hole techniques and ransomware will continue to increase. Electronic

The use of information technology in business presents major security challenges, poses serious ethical question, and affects society in significant ways. Especially, the computer crime is a growing threat to society and is caused by the criminal or irresponsible actions of individuals who are taking advantage of the widespread use and vulnerability of computers and the Internet and other networks. It presents a major challenge to the integrity, safety, and survival of most business systems.

When firms like Home Depot and Target invests a lot of financial and non-financial resources to curb the menace, one is left to wonder why such vices continues to affect them and their clients. Hacking of companies in the United States have reached a sky high and notable names in the industry have been affected by the vice. The firms like Home Depot, JPMorgan, Michael, Nieman Marcus and Target, have had its share of this vice. The United States Postal Services have not been left behind also, because it was also affected by the hackers ( 'Cybercrime a

The fight against hackers and cyber crime is a global problem and nationally and internationally, the threats they caused have been recognized and acknowledged.

Their operations are very slick and swift such that stolen data is quickly exploited within seconds of being submitted by unsuspecting victims. Since 2005, over 400,000 databases have been compromised since 2005, and thousands more have gone unnoticed or reported. About 40 percent of those involved in IT security have no fixed figure on the number of hackings their companies have experienced. One of the rapidly increasing areas of ecommerce is in the use of web-based applications to replace traditional over-the counter transactions. Hackers have expectedly, latched on. According to a study by Gartner, over 75 percent of Internet security breaches are due to flaws and loop holes in software. The reason for this is that, applications are normally designed and put together quickly to get the system running, and no time is spend analyzing and assessing security implications. As computer hackers continue to step up their operations in line with technology advancements, the securities and future industry recorded a 150 percent increase in the number of suspicious activities detected by their systems. During the same time, research carried out at the University of Maryland indicated that a computer connected to the Internet was subject to an attempted hack every 40 seconds. The battle between ecommerce websites and consumers wages on, according to an independent analyst, ‘consumers are losing a tug of war.’ Simon Smelt, an economist who runs a survey company