In today's technology environment, hackers present a substantial risk to a firm's accounting or business system. As the result of these attacks, firms suffer huge losses, ranging from financial losses to losses in confidence by consumers, creditors, and suppliers. Firms may have made a significant investment in financial and non-financial resources to secure these systems.
Research the Internet or Strayer databases and select a company whose database systems have been hacked.
Write a paper in which you:
1. Based on the information you researched, evaluate the level of responsibility of the company in terms of the effectiveness of the response to the security breach. Provide support for your rationale.
2. Imagine that the company that you researched uses a third-party accounting system. Assess the level of responsibility of the software provider to both the business and its clients. Provide support for your rationale.
3. Create an argument for additional regulation as a preventative measure against businesses being hacked. Provide support for your argument.
4. Provide at least three (3) recommendations for businesses to secure their systems and assets from hackers. Provide support for your recommendation.