...to prevent identity theft and frauds. People should invest in a shredder to shred unwanted information. Use a secure website to access information, never enclose personal information by the phone. Check bank statement and credit card statement very careful each month to see any unwanted purchase. If that person sees any unwanted purchase notices their credit card immediately. Thesis: One day you receive a call from your bank, stating you had just made a purchase for a random estimate of 5,000 dollars. But you did not go on a shopping spree. Your identity just has stolen. How secure is your identity? Do you ever wonder about your identity? Ways to prevent/protect yourself from identity theft and frauds. I. One thing you should be aware about is your bank account. A. Once your ATM has been compromises change your pin right away. B. Get new ATM cards if it has been compromised. C. Contact the bank if you see any suspense in your bank account. I. Another way is keeping your social security secure in a safe. A. Do not write your Social Security card piece of paper. B. Do not give out your personal information to strangers. II. Monitoring your Credit Card Statements A. Check your credit card statements regularly. B. Contact the authorities about any suspension regard to your credit card transaction. III. Another way from protecting yourselves from identity is limiting to...
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...copy available at: http://ssrn.com/abstract=1724815 CASE STUDIES OF CYBERCRIME AND ITS IMPACT ON MARKETING ACTIVITY AND SHAREHOLDER VALUE Katherine T. Smith, Texas A&M University L. Murphy Smith, Texas A&M University Jacob L. Smith, Grace Bible Church ABSTRACT Cybercrime, also called e-crime, costs publicly traded companies billions of dollars annually in stolen assets and lost business. Cybercrime can totally disrupt a company’s marketing activities. Further, when a company falls prey to cyber criminals, this may cause customers to worry about the security of their business transactions with the company. As a result, a company can lose future business if it is perceived to be vulnerable to cybercrime. Such vulnerability can lead to a decrease in the market value of the company, due to legitimate concerns of financial analysts, investors, and creditors. This study examines 10 case studies of publicly traded companies affected by cybercrime, and its impact on marketing activity and shareholder value. The study also describes some of the major types of cybercrime. Results indicate that costs of cybercrime go beyond stolen assets, lost business, and company reputation; cybercrime has a significant negative effect on shareholder value. INTRODUCTION E-commerce is a...
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...Research Paper How does an imposed requirement of regularly identifying exposure to operational risk benefit an insurance company? Executive Summary The topic of this research paper is how an imposed requirement of regularly identifying exposure to operational risk benefits an insurance company. Risks occur naturally in all business, but if risk is not controlled, there are plenty of consequences that can arise. Insurance companies deal with risk everyday, ranging from fraud, car theft, health policies, and bonds and stocks. Operational risk is defined as the resulting risk that is present after financial and analytical risk is analyzed. Actuaries are able to use many mathematical and statistical techniques that are used to calculate these risks for insurance companies. Using probability distributions and random variables, actuaries are able to identify, evaluate, and manage or control these risks. Studies on car theft have been performed to determine the percentage of risk involved in this type of risk. Different theories and hypothesis have been developed to analyze these situations. This allows insurance companies to proceed with the possibility of emerging fraud. Banks also involve different types of risk that can be modeled under a process known as Linear Discriminant Analysis. Life insurance companies involve policies between insurers and policyholders. Every contract is different for every policyholder, so the risk involved with life insurance varies greatly. Calculating...
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...CRT Capstone Checkpoint In this class I have learned that how to critically think when going through my everyday life activities. Thinking critically will affect me in my every day future activities such as reading, writing and processing information. In reading my new found skills will allow me to analyze different claims in arguments. I will be able to find truths and identify deeper meanings in individuals writing. In my writing critical thinking will enhance my persuasive writing. Knowing different rhetorical devices and fallacies will ensure that I do not use them in my writing, thus making sure that my papers use sound and valid arguments. As currently I am taking my COM 150 class and I find that my expository essay has enhanced as this class goes on. My reasoning in clearer, and more importantly it assisted in my research. In my research for this paper critical thinking assisted with how I processed information from different websites. I was able to take the information presented and decipher the sound form the weak articles. In speaking about articles you can apply critical thinking skills when reading these articles. Applying these skills would mean deciphering what you are reading. Finding claims, and detecting where the information is supported with deductive or inductive logic. In advertising and the media they tend to be the biggest culprits of rhetorical devices. Critical thinking will enlighten you to these devices and allow you to determine whether or not...
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...behind keeping information safe is the method in which it’s protected and encrypted. In order to appreciate how information is secured, users must understand the encryption concepts behind it. To do this, one must comprehend the current encryption standards, the trends and developments in encryption technology, the importance of securing data, the government’s regulations pertaining to encryption, the companies involved in research and implementation, the implications of leaked or stolen data, and a brief look into the recent Heartbleed vulnerability. Encryption is at the heart of security in today’s networked world. When using the Internet, users are not always clicking around and taking in information passively, such as reading through their Facebook feed, a blog, or a news article. Often times, they are transmitting their own information while shopping online or registering for a website such as Twitter (Tyson 2014). Users take for granted the “behind the scenes” process of safeguarding the information they share while performing these day to day tasks. Simply put, encryption refers to any process used to make data more secure and less likely to be viewed or read by unauthorized or unintended parties (Tom’s Guide 2014). Encryption relies on the science of cryptography, which humans have used for thousands of years. Before the dawn of the information age, the majority of those who used cryptography were governments; particularity for their militaries. The Greek historian...
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...Challenges Facing the Finance Industry This paper will explore three problems facing the finance industry. Those problems include cybersecurity, compliance with regulation, and risk management. Three solutions will also be addressed later in this paper. 1 When one thinks about the finance industry, banks, credit agencies, insurance companies, and equity firms may come to mind. Over the years financial institutions have not been up to par. With the financial crisis that happened in 2008, the world is still recovering and paying high taxes for the amount of debt that it acquired. As a result of that crisis, the financial industry faces challenges that include cybersecurity, complying with regulation, and risk management. Although the industry faces these challenges, there are solutions that can make things operate smoother. One of the finance industries biggest challenge this year is cybersecurity. According to Hewitt, “The potential hacking of sensitive customer information is a top threat facing the financial industry in 2014.” Technology is vastly changing, and more people are beginning to use different softwares to handle the financial side of the business. With technology evolving, hackers are getting more experienced, and cyber-attacks are beginning to occur more frequently and more wide spread than they have been in the past. According to Rodriguez, “As the cost of technology decreases, the barriers to entry for cybercrime drop, making it easier...
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...Data Theft Paper Data Theft Paper Data theft is when information is unlawfully copied or taken from a business or individual. This information is user information such as passwords, social security numbers, credit card information, other personal information, and confidential corporate information. Within this paper several examples will be giving as, I explore how data theft has affected individuals and organizations. What can organizations and individuals do to protect them from becoming victims of this type of fraud. When stolen data happens such as people’s identities or an organization’s information the potential harm is huge with major economic and legal implications. The worst thing about the data theft is that it can remain undetected. It is devastating when you find out as a boss that an ex-employee has stolen the company information for personal gain, profit, or to ruining the company completely. A survey released by Information Week (informationweek.com) and Accenture in July 2007 showed that 89 percent of 1,010 U.S. companies still felt vulnerable to data theft (McNurlin, Sprague, & Bui, 2009). For example the Boeing Company had an ex-employee who illegally downloaded thousands of pages of significant business documents to his computer. It was anticipated if any of those documents had gotten into the wrong hands of Boeing’s competitors it could have cost them $5 to $14 billion dollars (McNurlin, Sprague, & Bui, 2009). In 2008, a data theft...
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...providers could not have imagined a decade ago. While there are positive and negative aspects of EMR, the ultimate result is one of accurate, precise and up to date patient records and communication between all disciplines in real time. INTRODUCTION Electronic Medical Records (EMR) is by far one of the biggest advances in medical charting in recent history. For years, documentation, charting, orders, and virtually any communication between healthcare professionals has been done in the format of “paper charting”. In other words, each professional would document in a patient chart, their particular contribution to that patient’s care on any given day. Not only is paper charting inefficient with regards to time, it also leaves tremendous openings for inaccuracies and errors. ELECTRONIC MEDICAL RECORDS I chose to research Electronic Medical Records (EMR) for multiple reasons. I previously held a position in a cardiology office where we transposed our charting from paper to electronic. This took the better part of a year to complete the majority of the charts. It was a very challenging task but very rewarding once a chart was complete. The transformation of information was literally life-changing for all of us. We no longer had to carry six-inch thick charts that were falling apart, or thumb through charts to find the most...
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...Jessica James (PM-Thursday) July 2, 2015 Unit#1 Research Paper#1: Paradigm Shift We all know was GPS, Global Positioning System, means because we have them in our cars to help us find a location when we travel nationwide or when we just need to find street address. We also have them in our cell phones to do exactly the same. It even helps boats and ships to navigate the oceans and also helps airplanes fly around the world without getting lost or crashing. Those are the basics we know about GPS it helps everyone know or find their exact locations around the world. In the 1970s GPS was developed by the military to guide weapons of mass destruction during the war. It had 24 satellites in which over the years of many designs it became fully functional in 1995 (contributors, 2015). Now the military controls the GPS which is good because it helps us defend our country from others who want to attack the USA. While it’s been available to everyone for free we still have restrictions. The U.S. government controls the export of some civilian receivers. All GPS receivers capable of functioning above 18 km (60,000 feet) altitude and 515 m/s (1,000 knots), or designed or modified for use with unmanned air vehicles like, e.g., ballistic or cruise missile systems, are classified as munitions (weapons)—which means they require State Department export licenses.[76] (contributors, Global Positiong System, 2015) The GPS eliminated the compass which we used for years to find our way around...
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...Business Research Business Research with Bitcoin In this paper I want to talk about Business research and how it applies to my area of business Crytocurrency, more specifically Bitcoin. So what is Business Research? The book says it is a systematic inquiry that provides information to guide managerial decisions. Or a process of planning, acquiring, analyzing, and disseminating relevant data, information, and insights to the decision makers in the ways that mobilize the organization to take appropriate actions, that maximize performance. The way that my business uses research currently is to find new technologies that are better than the current, new announcements for Bitcoin such as features, competition, or issues (Cooper & Schindler, 2011). A good example of how research can save my business is in early 2014 the price of Bitcoin went from $1200 to around 650 in one day. If I had not sold at the start of the dump at 1150 the day before, we would have lost half of our equity in one day. However due to research that my company had done, we saw the day before that a Japanese Bitcoin exchange MT GOX had been hacked, and around 1 million Bitcoin was stolen. Considering that there are only 21 million Bitcoins that can ever be in existence, which was a huge hit at almost 5% of the total. To understand how and why we do research thee way we do, you have to understand our product. So what is Bitcoin? Bitcoin has occupied front pages and preoccupied media for many weeks now...
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...Individual Project #4 Quality Management and Continuous Improvement Control & Six Sigma James Hawthorne American InterContinental University April 14, 2013 Abstract This paper looks at the process mapping for the new check-in and check-out procedures, along with the new procedure for offering fresh towels and linens for guests. The cost savings and improved customer satisfaction is presented, as well as the redirection of labor costs in some unexpected areas. The team of DYKOM does make a recommendation at the end to the management team on what it will take to fully integrate the new method and process mapping. Introduction: The staff at DYKOM would like to thank the management team at Hotel Escargo for opening up the entire hotel operations window, and allowing DYKOM to observe and critique the hidden logistics of what it takes to provide Hotel Escargo’s level of customer satisfaction at the front desk for checking-in and checking-out valued guests, and also for the way it handles additional linen and towel requests. In previous meetings between DYKOM and Hotel Escargo the need to change the process of checking guests in and out has been discussed and the redesign approved. The DYKOM team has provided flow charts for the improved operations in an effort to expedite guests to their rooms to relax and begin recreating. However, DYKOM has received a few correspondences from the hotel management team wanting a more detailed, but simplified breakdown of...
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...For my third research project, I would like to research the infamous Dan Cooper. I would like to research this topic because I find it very interesting just how someone could commit such an astonishing crime and still not be incarcerated after over 45 years on the run. The man seems to have “fallen off the grid” since that day of November 24th, 1971 with no hard evidence to lead authorities to any conclusions. The fact that such an act is possible, quite frankly, astonishes me and intrigues me to look deeper into why this man has not been apprehended. I have conducted a fair amount of prior research on the subject, which primarily included the watching of many film specials broadcasted by popular media networks such as CNN and ABC News. In this research, I have the means in which Dan Cooper, or D.B. Cooper as he is more popularly known by, committed his crime. I now know how he took control of the plane by showing the bomb in his briefcase to a flight attendant; the demands that he stated to the flight attendant to get the pilots to land the plane in Seattle, where they were met with $200,000 in cash, four parachutes, and jet fuel;...
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...tHE DEATH OF CASH Is cash on its way out? Americans carry cash less and less, often due partly to new technology and a desire for convenience. The way we pay for things has changed immensely over the past century, we now use cards, computers, and even mobile phones to pay for everything from our morning coffee to a taxi cab. Yes, technology is changing drastically, but what does it have to do with "the death of cash?" In this research paper I will define what is meant by "the death of cash," how studies show this may take place, and reasons why it may or may not be a good idea. Cash has been on the decline for a while. Bills, health insurance, rent and most day to day necessities are most likely not being paid by cash, ever since the making of credit/debit cards and the invention of e-payments.The way we bank is changing everyday thanks to online technology and smartphones. Most banks now allow you to transfer money and pay bills online. Some have systems that allow you to deposit funds with just a picture. And some allow you to swipe your phone over a reader in order to pay a cashier.As people become more comfortable paying with credit cards and electronic payment options, cash will become less important, hints the quote, "the death of cash." The Death of Cash article talks about an up and coming Company by the name of Square. Square is, as it says on their website, the easiest way to get paid, and to pay. Some of Square's products are the Square Card Reader, Square Register...
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...society are expected to follow the traditional customs of the group. Cultural relativism recognizes that different cultures have distinct social trajectories, or chosen paths (Carpo, 2013). In understanding a specific custom within a culture, it is important to view the culture from an outside perspective (etic). This is exactly what I will demonstrate within the first section of this paper while expanding and discovering another culture from an inside perspective (emic) which shows how even though customs are different within various cultures a different viewpoint can illuminate the entire picture and bridge the gap between both cultures – the Aboriginals and African Americans. Part I – Religion and the African American Culture among Other Things Religion and the Black Church in African American society, in regards to the socio-cultural, economic and political issues of the 20th century, has branched the African American experience of mere individual survival into one of prosperity and a sense of community. According to Editors of the Norton Anthology of African American Literature (1997), from the days of slavery, Africans have struggled to survive in America due to the unfair treatment based on the color of their skin; despite the fact that they were granted their freedom in 1865, they were still not seen on treated as equals. Since...
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...situation. With respect to this issue in the case, this report will discuss the suggestions to deal with the attack and offer some recommendations to Sunnylake in addition to the three pieces of advice given by the experts in the case. The Case Sunnylake Hospital started as a community center with a vision to help people to cure their disease. Paul Layman, the CEO of the Sunnylake Hospital had joined the organization five years back with a vistion of implementing cutting edge technology to the community center to build it into a hospital which is sought after by the people. Paul implemented electronic medical records (EMR) which replaced the traditional way of prescribing and checking patient’s records through papers by converting them into digital data. One day an email stating the fault of the security systems of the organization was found in the inbox of Paul Layman mail by some anonymous person. However, Paul having full faith in his IT department...
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