What are the greatest technology-related threats to organizations ...

[biggirl4568]

What are the greatest technology-related threats to organizations that forensic accounting practitioners should be aware of?
 
  What will be an ideal response?

Question 2

What is the change in cash for Armstrong Company?
 
  a. 315
  b. 565
  c. 425
  d. 215
 
  Use the indirect method to answer questions 11-14 . The following information is available for Felix Company:
 
   Net income 300 Decrease in plant and equip. 40
   Depreciation expense 20 Increase in deferred tax asset 5
  Gain on sale of assets 35 Decrease in long-term debt 50
   Increase in inventories 25 Decrease in accounts payable 15

[Natalie4ever]

Answer to Question 1

The following issues are the some of the technology-related threats to organizations in coming years:
 Use of mobile phone devices: Today's smartphones are essentially miniature computers that contain a wealth of personal information.
 Malicious insiders: Threats from insiders increase in a deteriorating economy, due to financial pressures that contribute to the motivation element of the fraud triangle.
 Remote access: As the workforce becomes more mobile, employees are increasingly requiring access to systems at any time and from any location. New technology has enabled remote access capabilities, but security features have not kept pace, leaving organizations vulnerable to unauthorized access to key systems and data.
 Social networking: Social networking sites like Facebook, YouTube, Twitter, and Instagram can be useful for a variety of purposes, such as conducting a background investigation, impeaching a witness, establishing relationships among individuals, and confirming dates and locations of activities.
 Malware: Malware can be used to eavesdrop on communications, extract credit card information from transaction systems, and cause damage to targeted systems such as website crashes and data wiping.

Answer to Question 2

d

[biggirl4568]

Thank you

[Natalie4ever]

Happy to help you