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Fangzhou Hou posted a new activity comment 7 years, 11 months ago
Question 1: Using the Fraud Triangle analyze the ‘One Piece at a Time’ video scenario and explain how the environment was favorable to Fraud.
The Fraud Triangle includes the pressure, opportunity, and rationalization. In the case of “One Piece at a Time”, Mr. Cash worked on assembly line, which offered him the opportunity to steal one piece o…[Read more]
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Fangzhou Hou posted a new activity comment 7 years, 11 months ago
I read the article named “IOS 10 Flaw Could Expose Backup Data to Hackers”. The article points out that the IOS 10 operating system skips certain security checks during the backup process. Indeed, this can increase the running speed of the system, however, comparing with IOS 9, the newest vision of IOS operating system higher the risk of being hac…[Read more]
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Fangzhou Hou commented on the post, Week 4 & 5 Questions, on the site 7 years, 11 months ago
Good point Yang Li. You are right, without the operating system, the hardware can keep working. However, the OS makes the device easier to use for common PC users, besides, many attacks like malware or phishing attacks are using the weakness of operating system. Without appropriate protection of the OS, PC users’ personal identify information a…[Read more]
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Fangzhou Hou commented on the post, Week 4 & 5 Questions, on the site 7 years, 11 months ago
I completely agree with you Paul. Indeed, developed a new operating software and new operating system can significantly enhance the safety of OS and better protect the company’s information assets. However, it requires huge amount of investment in developing and employee training. This method seems more reasonable for huge corporations which h…[Read more]
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Fangzhou Hou commented on the post, Week 4 & 5 Questions, on the site 7 years, 11 months ago
I agree with you Said. Generally, the PC users are more than IOS users especially in business. My previous company only use Windows operating system and PC related antivirus software. From the hackers’ perspective, if most companies are using Windows OS, they might focus on hacking Windows system, and that might be the reason why Windows OS s…[Read more]
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Fangzhou Hou commented on the post, Week 4 & 5 Questions, on the site 7 years, 11 months ago
Good example and clear explanation in comparing the OS to the heart of human body. Indeed, an effective and safe operating system allows the OS users smoothly operating the applications on the PC or other mobile device. Additionally, users prefer to store information in the PC, protect the OS away from virus like Trojan Horse or Worm, and ensure…[Read more]
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Fangzhou Hou posted a new activity comment 7 years, 11 months ago
Question: List common control issues associated with operating systems and remediation strategy/plan.
Common control issues:
– Lack of accessible authority control
– Lack of antivirus protections
– Do not have backup plan
– Lack of updating the operating system
– Lack of detective control to recognize the malwareThese common control…[Read more]
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Fangzhou Hou posted a new activity comment 7 years, 11 months ago
Question: Why is so important to protect operating systems?
Security refers to providing a protection system to computer system resources such as CPU, memory, disk, software programs and most importantly data/information stored in the computer system.
In today’s business world, personal computers and other mobile devices are widely used in s…[Read more]
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Fangzhou Hou commented on the post, Week 4 Questions, on the site 7 years, 11 months ago
Exactly, you mentioned the contract between the outsourcer and contractor. Signing a contract to identify and clarify the responsibility is an appropriate way to solve this issue. In fact, I never choose “in front of the door” option to deliver the valuable packages, because I know that it may loss. However, if it’s a common package, then I may c…[Read more]
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Fangzhou Hou commented on the post, Week 4 Questions, on the site 7 years, 11 months ago
Thanks for adding your experience. You are right, put the package in front of the door has potential risk that the package might be stolen. Actually, I was thinking that if this scenario literally occurred, who should take the responsibility of losing the package? Because the customer choose this type of delivery, they should have basic knowledge…[Read more]
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Fangzhou Hou posted a new activity comment 7 years, 11 months ago
Question: What are the security challenges in online banking?
As the rank top 15 bank in India, HDFC had $15.64 billion Deposits in 2007. In the same year, 1.28 million customers, which is 28% of the HDCF Bank’s retail customers claimed that they were the target of a phishing attack, many of them hold the online banking account of HDFC Bank. I…[Read more]
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Fangzhou Hou posted a new activity comment 7 years, 11 months ago
Question: Which portion of the Order to Cash (OTC) process do they see as the most vulnerable to theft, fraud or failure of some kind? Explain.
In my point of view, the shipping process is the most vulnerable to theft, fraud or failure. First of all, in most cases, shipping process involved a third party to ship the order, which means the…[Read more]
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Fangzhou Hou commented on the post, Week 4 Questions, on the site 7 years, 11 months ago
I agree with you Said. Indeed, the vulnerable portion of shipping and delivery process may cause potential theft and fraud no matter unintentional or intentional. From my experience in the customer service, in the most cases, the reason why customers didn’t get their packages is because they unintentional input the wrong address when they check o…[Read more]
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Fangzhou Hou commented on the post, Week 4 Questions, on the site 7 years, 11 months ago
Exactly. I think this is a good point that customers may lie to the customer service that they didn’t receive the package Yulun. However, from my experience of operating the Customer Service System, customers’ order and other account information is available in the system. If customers claim that they didn’t receive the package, customer servi…[Read more]
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Fangzhou Hou changed their profile picture 7 years, 12 months ago
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Fangzhou Hou posted a new activity comment 7 years, 12 months ago
Yes, I also think the organization can mitigate the impact even if it might not prevent the risk from happening. Comparing with the preventive control, I think corrective control like backup systems and disaster recovery plan also have important position in mitigating the risk. If an organization is new-start, it might no need to invest millions…[Read more]
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Fangzhou Hou posted a new activity comment 7 years, 12 months ago
I totally agree with your opinion Deepali. From a decision maker’s perspective, balance the cost of risk and the cost of governance the risk is very important. For example, the risk with high frequency and high damage should be handled firstly. Management of an organization should also consider specific circumstance to decide which is the best w…[Read more]
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Fangzhou Hou posted a new activity comment 7 years, 12 months ago
It’s a really useful article, because I’m a Windows user. Indeed, the IE explorer usually has a lot of internet advertisement, and sometime I miss clicked the image and went to another page or downloaded unknown software. But actually, I didn’t update my IE explorer, instead, I use other explorers like Google Chrome or Firefox.
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Fangzhou Hou commented on the post, Weekly Question #4: Complete by February 15, 2017, on the site 7 years, 12 months ago
Yes, the traditional file system is usually unstructured and may have human errors. Comparing with traditional system, the databases can collect and store information with an organized structure. However, the DBMS also has some disadvantage like highly cost. Therefore, the decision maker should carefully balance it.
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Fangzhou Hou wrote a new post on the site Fangzhou Hou 7 years, 12 months ago
Name: Fangzhou Hou
Program: MS IT Auditing & Cyber Security
Graduation date: August 2017My name is Fangzhou Hou, I graduated from Temple University Fox School of Business. My undergraduate ma […]
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