I agree with you Christopher, security breaches and unethical employees can ruin a company’s reputation. A lot can be lost in the process be it confidential information for the company and useful data in the accounting system. The company can also have a massive loss if the files are accidentally deleted by fraudsters. Measures to curb this vice should be put to place to ensure that the company runs smoothly, and the working environment is safe for the client’s information. Hacking is very dangerous to the company and can cause a huge catastrophe.
I concur with you that the same employees that have been trusted with critical information of the company are the same that will use it to hurt the company. I would like to add that there are some of the employees who are very smart and might retrieve information and use it and still not get caught by the cameras. It would be wise for the company to initially educate their employees regarding any potential threat that might breach their security ( Weygandt, Kimmel, & Kieso, 2014) . Some employees might access a managers room to turn off the cameras and retrieve information from their computer the manager will be blamed for a crime they have not taken part.
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It is important for the company to be vigilant and could do from time to time checks. Try and secure their systems from every corner, even after setting up passwords protection, equipment, and file sharing monitoring they need to be more vigilant and keep their systems in check.
Yes, a virus might be very dangerous especially to office files and may cause a lot of damage. Through the introduction of the virus to the system is just a beginning of the whole process. If the company is vigilant enough and keeps its systems in check, they might find it within the week. However, I do not agree with you on the part where, you would increase your salary and bonuses. You might get caught up very easily but for the paying yourself for time not worked it might pass.
Do you believe background checks should be performed and do you believe it will decrease fraud?
Background checks are very important for the business; cyber security concerns are increasingly becoming prevalent. Companies should employ robust measures to ensure that they protect their digital infrastructure. The vetting process of recruits and monitoring their behavior can play an essential role in the safeguarding of the businesses’ assets. The company should look for some specifications when vetting for recruits.
The recruit should be experienced in some security fields. They should be screened to see if they have any criminal records, background checks on a history of drug use. These are to ensure that the employee does not get high and outsource separate requirements to the company’s competitors ( Smith, 2014) . If the company is looking for vendors, it is essential that they run background checks on their strict regulations. Dissemination of personal information might change at an elevated rate, to ensure that they are dealing with people within the legal boundary ( Rogers, 2016) . Any given violation of the privacy right could be catastrophic for both the provider and the company. These should be repeated in sometimes especially for potential employees to strengthen the company’s security. The company cannot be able to legislate for the behavior of their employee in the future.
Reference
Rogers, A. D. (2016). Examining Small Business Adoption of Computerized Accounting Systems Using the Technology Acceptance Model.
Smith, J. J. (2014). Banning the Box but Keeping the Discrimination: Disparate Impact and Employers' Overreliance on Criminal Background Checks. Harv. CR-CLL Rev. , 49 , 197.
Weygandt, J., Kimmel, P., & Kieso, D. (2014). Financial Accounting: tools for business decision making, Hoboken.