Question
Research one of the following the topic and discuss how the fraud occurred. Assess the effectiveness of the companys internal controls and recommend accounting information
Research one of the following the topic and discuss how the fraud occurred. Assess the effectiveness of the companys internal controls and recommend accounting information system (AIS) controls that will mitigate the risk of future attacks. Ensure your recommendation is in compliance with industry standards!
1- Russian hackers broke into Citibanks system and stole $10 million from customer accounts.
2-A 17-year-old hacker broke into the Bell Laboratories network, destroyed files, copied 52 proprietary software programs, and published confidential information on underground bulletin boards.
discuss the similarities and differences between the internal controls that allowed this fraud to occur and between the AIS controls recommended to prevent future occurrences. Do you agree with your peers recommendations? Explain why or why not and support your claim with relevant research
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