During an audit of Chien Products, you note that all new accounting employees are set up with a temporary password of "abc123". You also noted that employees are not required to change their passwords when they first set up their accounts, nor is there a requirement to change passwords regularly. Write a paragraph describing the implications of these IT risks.

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter5: Introduction To Business Expenses
Section: Chapter Questions
Problem 76IIP
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During an audit of Chien Products, you note that all new accounting employees are set up with a temporary password of "abc123". You
also noted that employees are not required to change their passwords when they first set up their accounts, nor is there a requirement
to change passwords regularly. Write a paragraph describing the implications of these IT risks.
Transcribed Image Text:During an audit of Chien Products, you note that all new accounting employees are set up with a temporary password of "abc123". You also noted that employees are not required to change their passwords when they first set up their accounts, nor is there a requirement to change passwords regularly. Write a paragraph describing the implications of these IT risks.
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