The average loss in a bank robbery is several thousand dollars, and the culprit has an 85 percent chance of being caught. The average dam- age in a “usual” white-collar fraud is several tens of thousands of dollars. The average amount stolen in computer fraud against organizations is several hundreds of thousands of dollars, and it is extremely hard to find the culprit. Why is the amount involved in computer fraud so high, and why is it difficult to find the ulprits?
Answer to relevant QuestionsGive three business examples (not mentioned in the text) of data that must be processed to provide useful information.The majority of criminals who commit computer fraud are insiders, that is, employees. What measures would you take to minimize insider fraud through ISs?Comment on the following statement: If your computer is connected to an external communication line, anyone with a similar link can potentially access your systems.What is a firewall, and how does it work?Employees often complain about the hurdles they have to pass whenever they need to access data and the slow response of ISs because of firewalls and encryption measures. As a CIO, how would you explain the need for such ...
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