college algebra
Risky Situations CMGT/400 Version 2�� PAGE * MERGEFORMAT �11���
_University of Phoenix Material_
_RISKY SITUATIONS_
Identify three types of sensitive information involved with each situation. Then, describe three ways in which each information item could be misused or harmed. For each of these, note at least one likely finding that you would include in a risk analysis report of the organization. Finally, answer the questions at the end.
SITUATION 1 - ONLINE BANKING SYSTEM
INFORMATION AFFECTED
POTENTIAL HARM (RISK)
LIKELY FINDING IN RISK ANALYSIS REPORT
Personal Information
Personal property damage and loss
With financial institutions keeping a record of where a person lives, that can put their physical security at risk as well, as it leaves the person vulnerable to property theft or damage.
Identity Theft
Since financial institutions keep a lot of information on their customers, if a someone were able to access that information that person would be able to wreak havoc on that person's life
Company reputation
If a company has personal information released, the customers will feel less secure with their banking and will result in a business loss for the company
Financial Information
Opening additional accounts
Criminals can use the information contained in a financial report to open additional lines of credit, or other fraudulent accounts
Unauthorized withdrawals
With access to account numbers and credit card numbers a criminal can use wire transfers to move money to another account, make illegal withdrawals, or write fraudulent checks.
Spending habits
Criminals can monitor spending habits of a victim as not to arouse suspicion to continue using the member's identity.
Computer information
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SITUATION 2 - FACEBOOK PAGE
(organization or personal - specify which)
INFORMATION AFFECTED
POTENTIAL HARM (RISK)
LIKELY FINDING IN RISK ANALYSIS REPORT
Personal information
Education information
Many people are proud of
_University of Phoenix Material_
_RISKY SITUATIONS_
Identify three types of sensitive information involved with each situation. Then, describe three ways in which each information item could be misused or harmed. For each of these, note at least one likely finding that you would include in a risk analysis report of the organization. Finally, answer the questions at the end.
SITUATION 1 - ONLINE BANKING SYSTEM
INFORMATION AFFECTED
POTENTIAL HARM (RISK)
LIKELY FINDING IN RISK ANALYSIS REPORT
Personal Information
Personal property damage and loss
With financial institutions keeping a record of where a person lives, that can put their physical security at risk as well, as it leaves the person vulnerable to property theft or damage.
Identity Theft
Since financial institutions keep a lot of information on their customers, if a someone were able to access that information that person would be able to wreak havoc on that person's life
Company reputation
If a company has personal information released, the customers will feel less secure with their banking and will result in a business loss for the company
Financial Information
Opening additional accounts
Criminals can use the information contained in a financial report to open additional lines of credit, or other fraudulent accounts
Unauthorized withdrawals
With access to account numbers and credit card numbers a criminal can use wire transfers to move money to another account, make illegal withdrawals, or write fraudulent checks.
Spending habits
Criminals can monitor spending habits of a victim as not to arouse suspicion to continue using the member's identity.
Computer information
�
SITUATION 2 - FACEBOOK PAGE
(organization or personal - specify which)
INFORMATION AFFECTED
POTENTIAL HARM (RISK)
LIKELY FINDING IN RISK ANALYSIS REPORT
Personal information
Education information
Many people are proud of
References: Wm. Arthur Conklin, G. W. (2012). Principles of Computer Security: CompTIA Security+™ and Beyond (Exam SY0-301), Third Edition. In G. W. Wm. Arthur Conklin, _Principles of Computer Security: CompTIA Security+™ and Beyond (Exam SY0-301), Third Edition_ (p. Chapter 20). McGraw-Hill Company.