Compare and contrast issues between the Enron and Worldcom case studies. Discuss the following in detail regarding the Enron and Worldcom scandals: What parallels can you draw between these two disasters? Each company had auditing processes in place. Why did those processes fail to prevent some of the problems? What could have been done differently? For each company, how could IT have been better aligned with organizational processes?

Principles of Information Security (MindTap Course List)
6th Edition
ISBN:9781337102063
Author:Michael E. Whitman, Herbert J. Mattord
Publisher:Michael E. Whitman, Herbert J. Mattord
Chapter5: Risk Management
Section: Chapter Questions
Problem 4E
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Compare and contrast issues between the Enron and Worldcom case studies. Discuss the following in detail regarding the Enron and Worldcom scandals:

  • What parallels can you draw between these two disasters?
  • Each company had auditing processes in place. Why did those processes fail to prevent some of the problems? What could have been done differently?
  • For each company, how could IT have been better aligned with organizational processes?
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