Notes
acket-X is a leading manufacturer of industrial grade gloves and jackets. The company is located in a large city where it produces jackets which are mainly used by professionals dealing with safety related applications. The company also deals with the manufacturer and development of new designs for gloves. The company’s HR department had been experiencing issues with payroll even though the company never used any form of fraud.
The company decided to put in place a mechanism dealing with vulnerability assessment, as well as a strategy to check the company’s network system to assess any form of vulnerabilities which could allow any external unauthorized access to the facility. In the past, the company had experienced a case of malware infection which nearly interfered with network system, almost bringing it down. This called for an urgent need to check the IT check up in preparation for an external audit. Therefore, the need for cyber security capability within organizations has been highlighted recently with the increases in cases of hacking which have been consistent within the organization before realizing that it was under attack. According to Wilshusen, 2010, cyber attack is likely to have far reaching consequences to any organization as making efforts to build and maintain trust and repair potential reputation with the customers and stakeholders.
Cyber Threats and Vulnerabilities
Cyber threats and vulnerabilities are associated with the organization’s IT system (Campbell, 2012). There are different types of threats that the company may experience. For example, in the employee individual timestamp entry, the following may be observed. Bogus employees may get added to the payroll master file. On the other hand, false timecards can be created. Issues may also arise where the payroll specialists can alter payroll details in the validation phase. Furthermore, when assigning groups of employees to supervisors, payroll administrators may create falsified checks.
The company decided to put in place a mechanism dealing with vulnerability assessment, as well as a strategy to check the company’s network system to assess any form of vulnerabilities which could allow any external unauthorized access to the facility. In the past, the company had experienced a case of malware infection which nearly interfered with network system, almost bringing it down. This called for an urgent need to check the IT check up in preparation for an external audit. Therefore, the need for cyber security capability within organizations has been highlighted recently with the increases in cases of hacking which have been consistent within the organization before realizing that it was under attack. According to Wilshusen, 2010, cyber attack is likely to have far reaching consequences to any organization as making efforts to build and maintain trust and repair potential reputation with the customers and stakeholders.
Cyber Threats and Vulnerabilities
Cyber threats and vulnerabilities are associated with the organization’s IT system (Campbell, 2012). There are different types of threats that the company may experience. For example, in the employee individual timestamp entry, the following may be observed. Bogus employees may get added to the payroll master file. On the other hand, false timecards can be created. Issues may also arise where the payroll specialists can alter payroll details in the validation phase. Furthermore, when assigning groups of employees to supervisors, payroll administrators may create falsified checks.