1. Their uses of cash were primarily used for paying off debt and investing it in marketable securities. Also they spent some of their cash on fixed assets. Even though their ending cash was lower than the previous year, they were using their cash effectively.
Headlines highlighting helps vulnerable when there are cyber threats to our now all too commonplace. The statistics on security events has and has not been successful to the network breaches and continues to trend the favors attackers. These bad indivisible are getting faster at network compromise as well as data theft network have increased to over 200 days according to most of the major annual cybersecurity reports. The result of these voluminous and persistent threats has been hundreds of millions of dollars in lost business alone without counting the long-term costs of diminished customer and citizen confidence.
Computer security has been creating issues in the news lately. Almost every week, corrupt forces try to take down high-profile websites. Companies lose millions of dollars and suffer damage to computer systems. As a result, large companies spend thousands of dollars on security systems and products to protect the doors to their corporate networks.
Intel is one of the most reputable technology brands within Silicon Valley but also worldwide. Our reach expands to every corner of the globe, hence the information we possess is crucial. Whether it be information about buyers or the code that helps make our technology superior to every other company’s. Our cyber security needs to be the strongest possible. Many companies and technology giants such as Sony, Lenovo, and Equifax have had their information stolen or altered. Although, the odds of our systems being hacked are low we must always be aware that the possibility lies very near us.
The trajectory for 2015 was expected to be 42.8 million cyber attacks, roughly 117,339 occurrences each day. (Bennett, 2014). These are sobering statistics for any corporation aiming to thrive in today’s competitive global marketplace.
For Accounting, the cash-flow sheet demonstrates an ending cash balance of $350,000, which comprises of $550,000 and $1,100,000 total anticipated expenses subtracted from $2,000,000 in sold stocks—financing. Since there was a positive cash balance, no loans were necessary.
Acknowledging that commercially developed information security products offer advanced, dynamic, robust, and effective information security solutions.
The decrease of $9.52B from working capital as of December 31, 2011 was primarily attributable to $11.05B in cash used for the Pharmasset acquisition and an increase in short-term debt of $1.17B related to the current portion of the bank debt issued to finance the Pharmasset acquisition and the current portion of the convertible senior notes.
As technology grows and information has become a critical asset companies currently are devoted their resource and money to protect their data as important as their finance and human resource assets.
Security is a main concern for all entities, even though there are currently fewer cyber attacks; their damaging level has increased. In 2013 Target system was breached, resulting in 40 million credit cards stolen - the company had spent around $60 million in cyber security since then. And this is just one example ; cybercrime and espionage have an estimated annual cost of $445 billion as of today
The e-commerce market was worth 1.471 trillion dollars worldwide in 2014 and in forecasted to increase by 20% in 2015 (Emarketer.com, 2015). Further, United Kingdom is rated No. 1 for online retail in the world and there is significant increase in demand every year (Ubmfuturecities.com, 2015) (See
According to the U.S. Department of Homeland Security in the article Cyber Threats to Mobile Phones, phones are now sharing hardware and software similar to a PC and becoming each time more like a PC. Therefore, the risks of being hacked are increasing, allowing hackers to attack mobile devices the same way as if they were doing it with a regular PC. Personal and professional information are more often stored on mobile devices therefore it is imperative to have our data secure. Security solutions for mobile devices are not as broad or high-tech as those for PCs. The majority of mobile security relies on the proper use and smart choices that the user makes on a daily basis to be protected against cyber attacks. Even the most careful person can be attacked but the possibilities of that happening are less when you are proactive.