Information Systems in Accounting and Finance Essay

Information Systems in Accounting and Finance - Essay ExampleSecurity controls help in controlling attacks, these attacks maybe passive or active in nature. In passive attack, the learning is non interfered with, however, for the active attack it involves interfering with the traffic, flow of messages. These may include the destruction and the deletion of important information by attackers masquerading as employees or impersonating other employees. The system accountant moldiness apply some controls to escort these risks are controlled.The ever-growing need to improve service delivery and storage of information has an equal measure of challenges. For instance, around retail presidential terms must ensure their pricing, product codes, and another confidential information is safe from malicious forcefulness (Hall, 2013). The retail organization will build a system that captures the price list of all the syndicate appliances in their stores. The system will also have unique codes for each item on sale. This makes the organization have the potential to empower their customers to make online purchase. Customers can log into their website and make involve, and payment for their household items. The troupe must have measures to deliver the item either through courier delivery or option shipment strategy. The main challenge is lost or theft of such information thereby denting the believability of the organization (Boczko, 2012). A retail organization involved in selling of home appliance must have proper working accounting systems that safeguard the customer information from individuals who may attempt to vituperate the information. Therefore, such organizations must have strategies that identify possible risks and security threats to enable institution of audit procedures aiming at mitigation of the type of risks (Grande et al., 2011 Colbert, 2002). The essay looks at the types of risks and security threats a retail organization may showcase and the possible control