While the Internet of Things (IoT) brings many benefits to organizations, it can expose them to several

Question:

While the Internet of Things (IoT) brings many benefits to organizations, it can expose them to several technological risks. Provide two examples of such risks and what type of controls can address those risks.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Auditing The Art And Science Of Assurance Engagements

ISBN: 9780136692089

15th Canadian Edition

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan, Joanne C. Jones

See More Books

Question Posted: Jul 18, 2022 04:51 AM

See More Questions

Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
The End of the Capitalist Era, and What Comes Next: 1. Pre-reading: Read the title to figure out what is the text about and read the short biography about the author 2. While reading the text:...
Patagonia founder and owner Yvon Chouinard argued that meaningful work depends on what one does, in terms of daily tasks, but also on the larger issues that a company stands for" He writes....
Develop a plan for establishing and managing interactions with a businesss customers. In this plan, identify the key touch points for customers, how the knowledge center would be designed, and the...
Suppose that to short a stock you are required to deposit an amount equal to the initial price $X_{0}$ of the stock. At the end of 1 year the stock price is $X_{1}$ and you liquidate your position....
A fan is to produce a total pressure rise of 6 in. $\mathrm{H}_{2} \mathrm{O}$ and a flow of $4000 \mathrm{ft}^{3} / \mathrm{min}$. Two motors are available, $3550 \mathrm{rpm}$ and \(1160...
Book Mart has two employees in 2013. Jessica earns $4,500 per month and Moses, the manager, earns $11,000 per month. Neither is paid extra if they work overtime. Assume the Social Security tax rate...
4) What is the output of the following Java code in Figure I below? public class Fool final int var=107 public static void main(String[] args) { Foo new Foo(); 1.var=201 System.out.println("Var is...
In Raffles v. Wichelhaus, 2 Hurl. & C. 906, 159 Eng. Rep. 375 (Ex. 1864), the plaintiff sold the defendants 125 bales of cotton to arrive ex Peerless from Bombay, that is, by way of the ship Peerless...
This case has two parts: Part I focuses on controls in the control environment and monitoring components (Chapter 8) Part II focuses on controls in the control activities of a sales process (Chapter...
At the control environment level, what should organizations do to address cyber risk?
The 140-g projectile is fired with a velocity of 600 m /s and picks up three washers, each with a mass of 100 g. Find the common velocity v of the projectile and washers. Determine also the loss E|...
When would an interaction term be incorporated into a model? Explain its intended purpose. Provide an example of a regression model that would use an interaction term. Give an interpretation of the...
An electronics company is interested in forecasting the quarterly sales for next year for one of its products. Based on the past sales data, they found that the quarterly sales have seasonality and...
Peachtree Construction, Inc., which is incorporated as a corporation, reported a NOL of $500,000 in 2008. Given the following data, how much of this NOL is likely to be available as a deduction from...
Indo Corporation was organized on January 4 2018, and began active business on January 5 , 2018. Indo incurred the following expenses in connection with creating its business. What is the maximum...
Assume Gillette Corporation will pay an annual dividend of $0.66 one year from now. Analysts expect this dividend to grow at 11.9% per year thereafter until the fifth year. After then, growth will...
Does every subspace have a complement?
Element compound homogeneous mixture (heterogeneous mixture) 4) A piece of gold has a mass of 49.75 g. What should the volume be if it is pure gold? Gold has a density of 19.3 g/cm (3 points) D=m/v...
Give three examples of the special reports that a public accountant may be asked to issue. Explain why these reports would be requested.
Why do public accountants prepare reports on the results of applying specified auditing procedures to financial information other than financial statements?
How do the general standards applicable to review engagements differ from generally accepted auditing standards?
Zach Ltd. produced the following data for the year 2015 - o Interest Income $4,650,000 o Capital Gain realized $50,000 o Dividend Income from company's 15% ownership in XYZ Ltd. $65,000 o Corporate...
A project requires an increase in net working capital of $150,000 at time 0 that will be recovered at the end of its 10 year life. If the opportunity cost of capital is 8%, what is the effect of NWC...
A firm is 40% financed by debt with a yield-to-maturity of 8.5%. The equity has a beta of 1.3, the market risk premium is 8.4% and the risk-free rate is 3.8%. What is the firm's WACC if the tax rate...

While the Internet of Things (IoT) brings many benefits to organizations, it can expose them to several

Question:

Step by Step Answer:

Solution One example of a technological risk is some organizations ar...View the full answer

Auditing The Art And Science Of Assurance Engagements

Students also viewed these Business questions