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DISCUSSION QUESTIONS
1. COMMODITY MONEY
The President of a small country abolishes the current
money system and replaces it with CORN as money.
a. Describe if this new money system will be successful by
looking at the 4 major functions of money
b. Would the government lose control of the size of the
money supply and what might be the consequences?
c. Explain how "Gresham's law" might evolve with Corn
money
2. SWEEP ACCOUNTS ISSUED BY BANKS--monetary
aggregates
While the textbook did not discuss "sweep accounts",
please do a Google search on this topic (including the words
"M1" and "M2") and discuss the following:
a. What are sweep accounts and how are they compared
with "overdraft" protection available in most banks
b. Slide 22 in Chapter 3 PPT presentation states the
following: "M2 is being more commonly used in empirical
studies since it more closely correlates with economic activity
than M1." How might "sweep accounts" be related to this
statement.
3. SHORT-TERM BONDS versus LONG-TERM BONDS
a. Discuss three reasons why Long-term bonds are riskier
than short-term bonds
b. What is the "term premium" of the yield curve and how
do riskier long-term bonds give a permanent modification to the
shape of the yield curve.
CMIT 321 Executive Proposal Project
The purpose of this project is to evaluate the student’s ability to
research and evaluate security testing software and present a
proposal for review by executive team members. By completing
the document the student will also gain practical knowledge of
the security evaluation documentation and proposal writing
process. The project will enable the student to identify and
understand the required standards in practice, as well as the
details that should be covered within a proposal.
Project Deliverable
· Using the Case Study presented in this document, to complete
an executive proposal.
· Provide a three to five page proposal summarizing purpose and
benefit of chosen security software to the executive
management team.
· The student will evaluate and test security testing software for
purposes of testing corporate network security. The purpose of
the software is to measure the security posture of the
organization by identifying vulnerabilities and help prevent
future attacks and deter any real-time unknown threats.
· The proposal should effectively describe the software in a
manner that will allow the executive team members to
understand the purpose and benefits of the software to approve
purchase.
Guidelines
· Evaluate and select a security tool for recommendation that
you learned about in the iLabs modules or the EC-Council text
books.
· The proposal document must be 3 to 5 pages long, conforming
to APA standards. See "Writing Guideline" in WebTycho where
you'll find help on writing for research projects.
· At least three authoritative, outside references are required
(anonymous authors or web pages are not acceptable). These
should be listed on the last page titled "References."
· Appropriate citations are required. See the syllabus regarding
plagiarism policies.
· This will be graded on quality of research topic, quality of
paper information, use of citations, grammar and sentence
structure, and creativity.
· The paper is due during Week 7 of this course.
Project Description
The purpose of project is to write an executive proposal for a
fictitious company called Advanced Research. The goal of the
proposal is to persuade the executive management team to
approve purchase of security testing software that can benefit
the company’s corporate network security by testing and
identifying vulnerabilities before they are exploited by hackers.
The proposal must include a detailed description of the
software, its purpose and benefits.
Suggested Approach
1. Research a security testing software tool that you practiced
using in the EC-Council iLabs or from the textbook.
2. Determine whether the tool would be beneficial in testing the
security of a corporate network.
3. Use the vendor’s website to collect necessary information
about the tool to be able to explain its purpose and benefit.
4. Include 3rd party endorsements and case studies about the
tool.
5. Integrate the information from your own experience with the
tool into your proposal. This may include results from the iLab
exercises or your own test lab.
Company Description
Advanced Research Corporation
Advanced Research is a startup medical research and
development company. After five years of extraordinary success
in the development of innovative medical and pharmaceutical
products, Advanced Research is on its way to becoming a major
player in the medical research and development industry.
However, due to its success, Advanced Research has also
become a major target of cybercriminals. Advanced Research
has been the victim of cybercriminal attempts to steal
intellectual property and sell it to Advanced Research’s
competitors. It is suspected that the corporate network has been
infiltrated from unauthorized sources more than once. In 2011,
Advanced Research was falsely accused of unethical research
and development practices. The false allegations resulted in the
defacement of Advanced Research’s public website and several
Denial of Service attacks at different times over a 9 month
period that brought the corporate network to its knees. These
attacks had a major impact on Advanced Research’s ability to
conduct business and resulted in undesirable publicity for the
company.
Regardless of its security problems, Advanced Research has
continued to grow as a company. Its research and development
departments have grown over the years, due to the expansion of
the company, in proportion to the increase in its business
making up over 40% of the human resources. Advanced
Research’s innovative research and development information is
paramount to its continued success as a company. Although, no
known attacks have occurred in last 18 months, the security of
its network and intellectual property is still a major concern for
the company. Because Advanced Research is a still fairly young
company, management has been hesitant to budget for expensive
security projects. However, this point of view is beginning to
change. Particularly, because one of Advanced Research’s
competitors, a major player in the medical research and
development industry for over 40 years, experienced a loss of
hundreds of millions of dollars in research data that was stolen
from its corporate network by cyber thieves.
Background and your role
You are the IT Manager hired in 2012 to manage the physical
and operational security of Advanced Research’s corporate
information system.You understand information security issues
better than anyone else in the company. You also know that the
network is vulnerable to outside threats because it has
experienced attacks in the past and because you haven’t had the
resources to properly test the corporate information system to
identify the vulnerabilities that might exist and take action
prevent possible attacks. You have a responsibility to bring
these concerns to the attention of the executive team and ask for
approval to purchase the necessary testing software.
Your education and training have introduced you to variety of
security tools for testing computer and network security. The
majority of these tools you either only read about or have
practiced using in lab environment. You have decided to
research some of these tools and test them out in your own lab
environment and choose one for recommendation to executive
team.
You will need to present information that proves the chosen tool
will be beneficial to the security of corporate information
system. To accomplish this you will need to research the
product, if possible, test the product in a virtual lab
environment. If the tool is part of your iLab exercise, it is
recommended that you practice using and testing the tool
beyond the scope of the lab exercise. Based on your research
and analysis, you will include this information in your proposal
in way that the executive staff can understand and allowing
them to make an informed decision to approve purchase of the
product.
The executive management team of Advanced Research:
The proposal should include:
· Detailed description of the software and benefits.
· Include reviews, case studies and customer recommendations
· Include your own hands-on experience with the tool and test
results
· Cost of product. Include additional costs such as training or
hardware software that might be needed in order to properly
deploy manage and maintain the software.
· How will the software impact the production environment? For
example, the software may test for Denial of Service attacks.
You need to explain any interruptions the test may have on
business operations. You need to justify the need for such a
test. Also explain how to you plan to minimize or prevent
possible production outages.
The software should test for one or more of the following types
of attacks:
· Denial of Service (DoS)
· Cross Site Scripting (XSS)
· Authentication Bypass
· Directory Traversal
· Session Management
· SQL injection
· Database Attacks
· Password Attacks
· Firewall/Router Attacks
· Operating System Attacks
Corporate Office Network Topology
The Advanced Research main research and development facility
is located in Reston Virginia. You have concerns about the
sensitive information that is stored at this location as well as
data that transmitted over the WAN to Advanced Research’s
New York City headquarters location, business partners and
clients. The Reston facility is also where the Advanced
Research data center is located. The data center is where
Advanced Research’s public website, email, databases and
corporate intranet are hosted. The environment contains a mix
of Microsoft and *NIX technologies.
· 45 Windows 2008 Servers
· 13 Windows 2003 Servers
· 15 UNIX Servers
· 2200 Windows XP and 7 Desktops
· Web Servers: Apache and IIS
· Services: FTP, SMTP, DNS, DHCP, VPN
· Database: SQL, Oracle and MySQL
· Network: Cisco Routers and Firewalls
Grading Rubrics
Final Deliverable
Category
Points
%
Description
Documentation and Formatting
10
10%
Appropriate APA citations/referenced sources and formats of
characters/content.
Software Research
20
20%
Accurate Completion of Software Research
Software Analysis
20
20%
Accurate Completion of Software Analysis
Executive Proposal
50
50%
Provide proposal for purchase
Total
100
100%
A quality paper will meet or exceed all of the above
requirements.

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  • 1. DISCUSSION QUESTIONS 1. COMMODITY MONEY The President of a small country abolishes the current money system and replaces it with CORN as money. a. Describe if this new money system will be successful by looking at the 4 major functions of money b. Would the government lose control of the size of the money supply and what might be the consequences? c. Explain how "Gresham's law" might evolve with Corn money 2. SWEEP ACCOUNTS ISSUED BY BANKS--monetary aggregates While the textbook did not discuss "sweep accounts", please do a Google search on this topic (including the words "M1" and "M2") and discuss the following: a. What are sweep accounts and how are they compared with "overdraft" protection available in most banks b. Slide 22 in Chapter 3 PPT presentation states the following: "M2 is being more commonly used in empirical studies since it more closely correlates with economic activity than M1." How might "sweep accounts" be related to this statement. 3. SHORT-TERM BONDS versus LONG-TERM BONDS a. Discuss three reasons why Long-term bonds are riskier than short-term bonds b. What is the "term premium" of the yield curve and how do riskier long-term bonds give a permanent modification to the
  • 2. shape of the yield curve. CMIT 321 Executive Proposal Project The purpose of this project is to evaluate the student’s ability to research and evaluate security testing software and present a proposal for review by executive team members. By completing the document the student will also gain practical knowledge of the security evaluation documentation and proposal writing process. The project will enable the student to identify and understand the required standards in practice, as well as the details that should be covered within a proposal. Project Deliverable · Using the Case Study presented in this document, to complete an executive proposal. · Provide a three to five page proposal summarizing purpose and benefit of chosen security software to the executive management team. · The student will evaluate and test security testing software for purposes of testing corporate network security. The purpose of the software is to measure the security posture of the organization by identifying vulnerabilities and help prevent future attacks and deter any real-time unknown threats. · The proposal should effectively describe the software in a manner that will allow the executive team members to understand the purpose and benefits of the software to approve purchase. Guidelines · Evaluate and select a security tool for recommendation that you learned about in the iLabs modules or the EC-Council text books. · The proposal document must be 3 to 5 pages long, conforming to APA standards. See "Writing Guideline" in WebTycho where you'll find help on writing for research projects.
  • 3. · At least three authoritative, outside references are required (anonymous authors or web pages are not acceptable). These should be listed on the last page titled "References." · Appropriate citations are required. See the syllabus regarding plagiarism policies. · This will be graded on quality of research topic, quality of paper information, use of citations, grammar and sentence structure, and creativity. · The paper is due during Week 7 of this course. Project Description The purpose of project is to write an executive proposal for a fictitious company called Advanced Research. The goal of the proposal is to persuade the executive management team to approve purchase of security testing software that can benefit the company’s corporate network security by testing and identifying vulnerabilities before they are exploited by hackers. The proposal must include a detailed description of the software, its purpose and benefits. Suggested Approach 1. Research a security testing software tool that you practiced using in the EC-Council iLabs or from the textbook. 2. Determine whether the tool would be beneficial in testing the security of a corporate network. 3. Use the vendor’s website to collect necessary information about the tool to be able to explain its purpose and benefit. 4. Include 3rd party endorsements and case studies about the tool. 5. Integrate the information from your own experience with the tool into your proposal. This may include results from the iLab exercises or your own test lab. Company Description
  • 4. Advanced Research Corporation Advanced Research is a startup medical research and development company. After five years of extraordinary success in the development of innovative medical and pharmaceutical products, Advanced Research is on its way to becoming a major player in the medical research and development industry. However, due to its success, Advanced Research has also become a major target of cybercriminals. Advanced Research has been the victim of cybercriminal attempts to steal intellectual property and sell it to Advanced Research’s competitors. It is suspected that the corporate network has been infiltrated from unauthorized sources more than once. In 2011, Advanced Research was falsely accused of unethical research and development practices. The false allegations resulted in the defacement of Advanced Research’s public website and several Denial of Service attacks at different times over a 9 month period that brought the corporate network to its knees. These attacks had a major impact on Advanced Research’s ability to conduct business and resulted in undesirable publicity for the company. Regardless of its security problems, Advanced Research has continued to grow as a company. Its research and development departments have grown over the years, due to the expansion of the company, in proportion to the increase in its business making up over 40% of the human resources. Advanced Research’s innovative research and development information is paramount to its continued success as a company. Although, no known attacks have occurred in last 18 months, the security of its network and intellectual property is still a major concern for the company. Because Advanced Research is a still fairly young company, management has been hesitant to budget for expensive security projects. However, this point of view is beginning to change. Particularly, because one of Advanced Research’s competitors, a major player in the medical research and development industry for over 40 years, experienced a loss of
  • 5. hundreds of millions of dollars in research data that was stolen from its corporate network by cyber thieves. Background and your role You are the IT Manager hired in 2012 to manage the physical and operational security of Advanced Research’s corporate information system.You understand information security issues better than anyone else in the company. You also know that the network is vulnerable to outside threats because it has experienced attacks in the past and because you haven’t had the resources to properly test the corporate information system to identify the vulnerabilities that might exist and take action prevent possible attacks. You have a responsibility to bring these concerns to the attention of the executive team and ask for approval to purchase the necessary testing software. Your education and training have introduced you to variety of security tools for testing computer and network security. The majority of these tools you either only read about or have practiced using in lab environment. You have decided to research some of these tools and test them out in your own lab environment and choose one for recommendation to executive team. You will need to present information that proves the chosen tool will be beneficial to the security of corporate information system. To accomplish this you will need to research the product, if possible, test the product in a virtual lab environment. If the tool is part of your iLab exercise, it is recommended that you practice using and testing the tool beyond the scope of the lab exercise. Based on your research and analysis, you will include this information in your proposal in way that the executive staff can understand and allowing them to make an informed decision to approve purchase of the product. The executive management team of Advanced Research: The proposal should include: · Detailed description of the software and benefits.
  • 6. · Include reviews, case studies and customer recommendations · Include your own hands-on experience with the tool and test results · Cost of product. Include additional costs such as training or hardware software that might be needed in order to properly deploy manage and maintain the software. · How will the software impact the production environment? For example, the software may test for Denial of Service attacks. You need to explain any interruptions the test may have on business operations. You need to justify the need for such a test. Also explain how to you plan to minimize or prevent possible production outages. The software should test for one or more of the following types of attacks: · Denial of Service (DoS) · Cross Site Scripting (XSS) · Authentication Bypass · Directory Traversal · Session Management · SQL injection · Database Attacks · Password Attacks · Firewall/Router Attacks · Operating System Attacks Corporate Office Network Topology The Advanced Research main research and development facility is located in Reston Virginia. You have concerns about the sensitive information that is stored at this location as well as data that transmitted over the WAN to Advanced Research’s New York City headquarters location, business partners and clients. The Reston facility is also where the Advanced Research data center is located. The data center is where Advanced Research’s public website, email, databases and corporate intranet are hosted. The environment contains a mix
  • 7. of Microsoft and *NIX technologies. · 45 Windows 2008 Servers · 13 Windows 2003 Servers · 15 UNIX Servers · 2200 Windows XP and 7 Desktops · Web Servers: Apache and IIS · Services: FTP, SMTP, DNS, DHCP, VPN · Database: SQL, Oracle and MySQL · Network: Cisco Routers and Firewalls Grading Rubrics Final Deliverable Category Points % Description Documentation and Formatting 10 10% Appropriate APA citations/referenced sources and formats of characters/content. Software Research 20 20% Accurate Completion of Software Research Software Analysis 20 20% Accurate Completion of Software Analysis Executive Proposal 50 50% Provide proposal for purchase Total 100
  • 8. 100% A quality paper will meet or exceed all of the above requirements.