ASSIGNMENT 1: REVIEW OF BUSINESS FRAUD ABSTRACT Business fraud is a white-collar crime that is increasing at a rapid pace. One case of business fraud dealt with an information breach within Bank of America’s information system. This breach affected over 300 Bank of America customers. Management failed to provide proper security for their information system and the sensitive information of their customers. The following assignment will give detailed specifics about the case, clarify the classification
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Critical Comparative Study of the Adequacies of Computer-Related Criminal Legislation in the United States, the United Kingdom and Singapore Warren B. Chik* Introduction Computer and Internet usage is on the rise due to lower costs of computer ownership and connectivity as well as faster and easier accessibility. As it is another mode of commercial and personal transaction and one that is heavily dependent on interaction through computers and automatic agents rather than face-to-face meetings
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Critical Comparative Study of the Adequacies of Computer-Related Criminal Legislation in the United States, the United Kingdom and Singapore Warren B. Chik* Introduction Computer and Internet usage is on the rise due to lower costs of computer ownership and connectivity as well as faster and easier accessibility. As it is another mode of commercial and personal transaction and one that is heavily dependent on interaction through computers and automatic agents rather than face-to-face meetings
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the Sarbanes-Oxley Act if the company decides to go public. Some key features of the act that will have to be taken to be in compliance with the act include the following; the issuance of an internal control report and have an outside auditor evaluate the soundness of the report. The auditing company may not also provide any consulting services to the company. For further information regarding the Sarbanes-Oxley Act (Commission, 2014) the web site to the S.E.C. regarding the act is included in the
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and administrative law. 4.) The National Information Infrastructure Act of 1996 was the law that amended the Computer Fraud and Abuse Act of 1986. It changed multiple sections of the Computer Fraud and Abuse Act of 1986, mostly by increasing the penalties and fines of some of the cyber crimes. 6.) Privacy is being free from other people viewing or altering your personal data. 9.) The primary purpose of the USA PATRIOT Act was to change some of the laws in order to give law enforcement officials
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BIS/220 Version 1 April 9, 2010 Information Technology Acts Paper Many laws have been implemented by Congress to protect the integrity of United States citizens. With this fast technology growth. Several of these laws are not even ten years old, especially some Information Technology Acts. As the nation grows, our laws grow just as fast. Information Technology is the “acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based
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issue and full text archive of this journal is available at www.emeraldinsight.com/0268-6902.htm Anatomy of computer accounting frauds A. Seetharaman, M. Senthilvelmurugan and Rajan Periyanayagam Faculty of Management, Multimedia University, Malaysia Keywords Fraud, Corruption, Financial reporting, Whistleblowing, Internal control, Corporate governance Abstract This paper introduces fraud as asset misappropriations (85 per cent of cases), corruption and fraudulent statements. Symptoms include accounting
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investigations of EPA and its contractors, to promote economy and efficiency, and to deter and detect fraud, waste, and abuse. Helping to ensure a clean and healthy environment for Americans. In order for the Office of the Inspector General to be effective it must perform audits, evaluations, and investigations of EPA and its contractors, to ensure efficiency, and to detect and deter fraud, waste, and abuse. These findings and issues are provided in detail to Congress twice a
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prosecution of computer-related crimes. Some of the most prominent are the Copyright Act, the National Stolen Property Act, mail and wire fraud statutes, the Electronic Communications Piracy Act, the Communications Decency Act of 1996, the Child Pornography Prevention Act, and the Child Pornography Prevention Act of 1996. Congress recognized computer related computer-related crimes as discrete federal offense with the passage of the counterfeit access device and computer fraud and abuse law in 1984
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or patients is may not be included. This process is called a contra asset and is reported as a realizable value. According to the National Law Review, with the increased focus by the Obama Administration on financial crimes, health care fraud, and corporate fraud, corporate compliance and ethics programs have never been more important (2010). This article discusses the importance of effective corporate compliance programs and ethics programs. These Guidelines will help permit reductions of a subsequent
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