Friday 20 January 2017

WEEK 4 ASSIGNMENT 2 ACCOUNTING 571

hwassociate.blogspot.com WEEK 4 ASSIGNMENT 2 ACC 571

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Cyber crimes and Computer Security Systems
With the advent of computers, cyber crime and Internet frauds are increasing in frequency and in size. The trend is likely to continue. Cyber crimes are described as activities in which a computer or network of computers are an integral part of a crime.
For this assignment, research the Internet or Strayer databases and identify an organization that was a victim of cyber crime.
Write a four to five (4-5) page paper in which you:

  1. Based on your research, identify and assess the fraud that occurred in the organization, as well as the impact that the fraud had on the corporation’s investors and creditors.
  2. Suggest how a financial forensic investigation could have detected fraud in the organization that you researched. Consider the risk factors, the elements of fraud, and the analysis of competing hypotheses.
  3. Asses the economic losses that occurred at the organization you researched and recommend a plan of action for the company to restore any economic losses.

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