Risk management Assignment Example | Topics and Well Written Essays - 2500 words - 1

Risk management - Assignment Example Hacking is the term, which refers to intrusion in a computer system or a whole computer network in order to exploit the data or information for any possible purpose. Hacking is an illegal activity in which a computer system or network is being accessed by external sources. Hackers have several prominent reasons for which the activity of hacking occurs. These reasons include financial benefits, industrial espionage, and online extortion and challenge (Pankaj, 2005). There are several categories of hacking which are listed below: White Hat: Hackers attempts to break security systems for testing purposes, which are non-malicious (Graves, 2007). Blue Hat: hackers are external intruders who aim to test a security system before its launch (Graves, 2007). Black Hat: hackers are intruders who break security for personal reasons or gain (Graves, 2007). Grey Hat: hackers voluntarily breech the network security to inform about the weaknesses to the host (Graves, 2007). Elite Hacker: is consider ed to be the most skilled hackers (Graves, 2007). Hacktivist: aims to announce a political, social or religious proposal through hacking (Graves, 2007). Nation State: are official hackers who are officials of intelligence or cyber warfare operatives (Graves, 2007). Introduction As the overall background and description of hacking has been stated in the previous paragraph, the aim of this report will be stated in this heading. The potential risk of hacking is intrinsically associated with any organization, which is based upon computer networking. In contemporary times, all of the organizations utilize the technology of networking in any industry or business, but there are several businesses, which are entirely based upon computer networking. Most of these organizations are service providers and most of the official occurrences for these organizations are dealt online. From all of these organizations, Sony is a prominent corporation, which do not only provide services, but it has prod uced several electronic products for entertainment. Out of this vast range of products, which have been produced by Sony, PlayStation is one of the most successful products. However, in 2011, Sony had to come across with an intensely grave IT problem, which was caused by external intrusion, by hackers. This incident caused a great loss to the company, not only in monetary terms, but also in terms of popularity and reputation. The incident is known as Sony Network Outage in which Sony had to turn off the whole PlayStation network for several days. This report is aimed to analyse the Sony Network Outage with respect to the seven stages risk management cycle. It will also present a brief explication of each step regarding the problem faced by Sony. Sony Network Outage 2011 It was in April 2011 when Sony Playstation Network got down. Approximately 77 million user s’ accounts of Sony Network got hacked. The accounts were actually seized, preventing the users to access Sony’ s online web services (Peckham, 2011). The accounts were stolen and the hackers retrieved the personal identification information of the users. It was an attack of three days and after that Sony shutdown its network on April 20, 2011. The attack lasted for 24 days keeping Sony network under the control of the hackers. The risk assessors claimed out that it is one the largest security breaches the company has ever faced. It was something, which really brought

Public Health Leadership Intervention for Teen Dating Violence Research Paper

Public Health Leadership Intervention for Teen Dating Violence - Research Paper Example One particular rite of passage for this age group involves the social institution of dating. In such a setting, teenagers are alone and often vulnerable. As such, teen-dating violence has become a problem in many segments of society, and is also one that is commonly overlooked or ignored. Mayes (2008) contends that, â€Å"Teen dating violence is a common and often overlooked problem in schools† (p. 37). It is important, therefore, that public health professionals, including medical doctors and psychologists, understand the implications of this problem and work to take measures to provide adolescents with the tools and resources needed to minimize their chances of becoming a victim. While there is much work to be done in this area, many studies have been conducted that take an in-depth look at effective intervention strategies aimed at reducing teen dating violence. What follows is a review of various published material that examines just this. Problem Statement The problem is that the incidences of teen dating violence are on the increase and public health professionals are ill equipped to intervene and reduce the number of victims in their community. Review of Scholarly Literature It must be noted that violence amongst teenagers in a relationship is a common problem and is growing into a serious health concern. It is estimated that about 9% of adolescents experience some form of physical violence during a dating relationship every year (Jouriles, et. al, 2011, p. 302). This leads us to the conclusion that the rate might even be higher, as many communities under report such incidences. Violence that takes place in a dating relationship can be severe. The consequences are certainly evident in the short-term, but the long-term effects can be even more devastating. These consequences include, but are certainly not limited to, serious physical injuries, rape, and death. Studies have also shown that even playful innuendos, such as sexual coercion, undertaken by one partner in a relationship, can have disastrous long-term consequences on the victim and threaten their very psychological well-being. For these reasons alone, it is important for medical practitioners, and other concerned stakeholders, to understand the events that lead to teen-dating violence and to make it a societal goal to reduce such incidences. Dating violence is often condoned because one party believes that they deserved the action that was forced upon them. This is a type of victimization syndrome that has pervaded society for centuries. Maas, et. al., notes, â€Å"Teen dating violence is a prevalent form of youth violence that has gained increasing attention from researchers† (2010, p. 131). A further study of female students in the 9th-12th grades revealed that 20% were victims of physical or sexual abuse in dating relationships. This is alarming and indicates with near certainty that many cases are simply going unreported. Studies also show that more girls than boys are victims and that there are more cases of violent behavior in dating relationships in urban areas and in rural communities (Fredland, 2008, p. 95). Weisz and Black (2009) recently concluded a thorough examination of effective intervention strategies aimed at reducing the number of incidences of teen dating violence. During the course of their study, they discovered that teens are not likely to discuss dating

Choose a business firm and discuss What can you say about the firm Term Paper

Choose a business firm and discuss What can you say about the firm from society's perspective - Term Paper Example Nike is considered amongst the top companies that have strong social listening amongst its customers. There is an impression created in the mind of each consumer that the company listens to its customers while developing a product. The product is very much similar to the desired needs of customers which is why the product is appealed more to customers. Social listening and customer advocacy are the important tool for Nike to earn greater profits throughout the different economies of the world. This has led in the development of new designs in the category of shoes and has led to create an option of iPhone application which became a huge success for the company (Nike Inc, 2011). Nike is very considerate about the community work and focuses in participating towards helping the society to be a better place for humans. They have many objectives regarding social responsibility and are particularly concerned about achieving every one of them. Nike has a plan to reduce the emission of carbo n dioxide from the environment by 20% until the very end of the year 2015 (Nike Inc, 2013). The objective was taken as a step to avoid further global warming around the world. ... Nike has a stance that serving the community and performing social corporate responsibility can earn a company huge profits and increases the financial performance of the company. It helps in changing the perception of customers while purchasing their product (Nike Inc, 2009). It becomes highly preferential for a customer to purchase the particular product whose parent company is so willing to serve their community. The idea has developed its image throughout the world, and has provided the company an edge over its competitors. The goodwill of the company is also maintained in the eyes of customers because they are emotionally attached towards buying the company’s products (Nike Inc, 2009). Although the company has some bright perspectives but it is also a reason to contribute towards child labor in different parts of the world. Nike has suppliers all over the world which supplies Nike products according to their guidelines and standards. However, most suppliers employ child s o they could pay less to them and earn even more. The idea affected the reputation of Nike when people got aware of its conduct. The company denied the charges and blamed suppliers for not adhering to their guidelines. However, Nike developed a thorough supplier guidelines and code of conduct in order to manage their work overseas (Nike Inc, 2009). Nike has a positive approach in evaluating the performance of each employee by looking at their contribution in the company. The company monitors individual performance through the use of HR department. As to avoid employee discrimination, the company has created a concept of a drop box. An employee can make complains about the system and the management or being discriminated in a

E-commerce Essay Example | Topics and Well Written Essays - 500 words - 2

E-commerce - Essay Example The emergence has been facilitated by the evolution of internet, communication infrastructures and computer systems. The increase in internet content like text messaging and multimedia and support services such as online catalogues, security systems and payment settlement systems have also supported the growth in e-commerce (Pankaj, 2005). Many global organizations have adopted e-commerce in order to increase their market share, create new online subsidiaries, attain a competitive edge in the market, reduce the entry barriers in the global market and reduce the costs of doing business. E-commerce has evolved from the transaction level business to a relationship based business that is characterized by two way communications with full integration of internet capabilities in to the business (Pankaj, 2005). E-commerce offers several benefits to business organizations, customer sand suppliers. For instance, e-commerce will reduce the costs of creating, processing, distributing and storing good and services (Pankaj, 2005). Business organizations can reduce business overheads involved in selling over the supply chain and the time spent between the outlay of capital and the time the goods and services are received. E-commerce will create a competitive edge for business organizations and enhance the business reputation through improved, new found business opportunities, increased flexibility, enhanced customer service and reduced supply chain time (Laudon & Traver, 2010). The customers will benefit from increased convenience in shopping since they can access goods and services 24 hours a day at the comfort of their location (Pankaj, 2005). Customers can easily access the recent product information within a short period of time and access a wide variety of commodities. E-commerce had facilitated competition, which has led to new innovative products and discounts to the customers. Customers

Statistics Problems Speech or Presentation Example | Topics and Well Written Essays - 1250 words

Statistics Problems - Speech or Presentation Example The mean of the distribution was 60,000 miles and the standard deviation 2,000 miles. 38. The mean amount purchased by a typical customer at Churchill’s Grocery Store is $23.50 with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 50 customers, answer the following questions. 54. Families USA, a monthly magazine that discusses issues related to health and health costs, surveyed 20 of its subscribers. It found that the annual health insurance premiums for a family with coverage through an employer averaged $10,979. The standard deviation of the sample was $1,000. 42. During recent seasons, Major League Baseball has been criticized for the length of the games. A report indicated that the average game lasts 3 hours and 30 minutes. A sample of 17 games revealed the following times to completion. (Note that the minutes have been changed to fractions of hours, so that a game that lasted 2 hours and 24 minutes is reported at 2.40 hours.) 58. The amount of income spent on housing is an important component of the cost of living. The total costs of housing for homeowners might include mortgage payments, property taxes, and utility costs (water, heat, electricity). An economist selected a sample of 20 homeowners in New England and then calculated these total housing costs as a percent of monthly income, five years ago and now. The information is reported below. Is it reasonable to conclude the percent is less now than five years ago? 42. Martin Motors has in stock three cars of the same make and model. The president would like to compare the gas consumption of the three cars (labeled car A, car B, and car C) using four different types of gasoline. For each trial, a gallon of gasoline was added to an empty tank, and the car was driven until it ran out of

Modern Organizations and Accounting System Research Paper

Modern Organizations and Accounting System - Research Paper Example It is vital because it systematizes the whole process. Without having proper accounting system, it is impossible to run business either small or big. Every type of organization needs to have check and balance on their financial statements (Eisen, 2000). One thing that should be clearly mentioned here is that the modernized accounting system has not changed the business purpose and principles but it has only changed the mechanism. In other words, it could be said that the method of performing accounting functions have become more advantageous. Early accounting reports have shown major errors in calculations and illegal actions by the practitioners. It is due to this reason that the need of modernized and computerized accounting system arose. Earlier, great loses of money and reputation of the organizations was noted because of lack of accounting systems (Eisen, 2000). In addition, it affected economies of countries as in whole. Modernized Accounting System and Change in Organizations: In order to understand the difference in modern organizations that has taken place because of advanced accounting system we need to compare current accounting system with the old one. ... In addition, it has been noticed that it is very difficult to maintain records safely because of greater man made errors or mistakes. Secondly, if files of records or data are lost than in such circumstances, businesses have to suffer from loss or face penalties (Previts, 2006). Therefore, the need of establishing newer accounting method was felt by accountants and other professionals at business to have alternative methods of dealing with numbers and financial statistics of the organization. Modern technology has played an important role in keeping records of numbers, in generating different methods of solving mathematical equations in more accurate and efficient way. Modernized systems were predicted to have a profound effect on the working of organizations as it helped in efficient work process (Merlene, 2010). Introduction to advanced technology and the use of modernized system in the department of accounts has brought tremendous change in the mechanism of accounting procedures. First and foremost, prominent change that has been observed is that modern technology has quickened the working process for accounting functions and capital consumption. It has made availability of financial information much faster and easier, understanding the use of information in proper way with the use of modern technology has made it straightforward for the business people to make good and beneficial decisions on correct time to increase productivity (Merlene, 2010). Now reports are generated just by clicking few buttons instead of wasting more time on preparing reports manually. Similarly, paying high wages to employees companies are currently using centralized controlled

Managing Property Businesses Essay Example | Topics and Well Written Essays - 1500 words

Managing Property Businesses - Essay Example The stock market is always right and price is the only reality in trading. If you want to make money in any market, you need to mirror what the market is doing. If the market is going down and you are long, the market is right and you are wrong. If the stock market is going up and you are short, the market is right and you are wrong. Every market or stock that goes up will go down and most markets or stocks that have gone down, will go up. The more extreme the move up or down, the more extreme the movement in the opposite direction once the trend changes. This is also known as "the trend always changes rule." If you are looking for "reasons" that stocks or markets make large directional moves, you will probably never know for certain. Since we are dealing with perception of markets-not necessarily reality, you are wasting your time looking for the many reasons markets move. A huge mistake most investors make is assuming that stock markets are rational or that they are capable of ascertaining why markets do anything. To make a profit trading, it is only necessary to know that markets are moving - not why they are moving. Stock market winners only care about direction and duration, while market losers are obsessed with the whys. Stock markets generally move in advance of news or supportive fundamentals - sometimes months in advance. If you wait to invest until it is totally clear to you why a stock or a market is moving, you have to assume that others have done the same thing and you may be too late. You need to get positioned before the largest directional trend move takes place. The market reaction to good or bad news in a bull market will be positive more often than not. The market reaction to good or bad news in a bear market will be negative more often than not. The trend is your friend. Since the trend is the basis of all profit, we need long term trends to make sizeable money. The key is to know when to get aboard a trend and stick with it for a long period of time to maximize profits. Contrary to the short term perspective of most investors today, all the big money is made by catching large market moves - not by day trading or short term stock investing. You must let your profits run and cut your losses quickly if you are to have any chance of being successful. Trading discipline is not a sufficient condition to make money in the markets, but it is a necessary condition. If you do not practice highly disciplined trading, you will not make money over the long term. This is a stock trading "system" in itself. The Efficient Market Hypothesis is fallacious and is actually a derivative of the perfect competition model of capitalism. The Efficient Market Hypothesis at root shares many of the same false premises as the perfect competition paradigm as described by a well known economist. The perfect competition model is not based on anything that exists on this earth. Consistently profitable professional traders simply have better information - and they act on it. Most non-professionals trade strictly on emotion, and lose much more money than they earn. The combination of superior information for some investors