Discuss emerging trends in the use of Internet currency such as Bitc.docx

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Discuss emerging trends in the use of Internet currency such as Bitcoin and how this has or may lead to fraudulent activities. As part of your discussion state how you think this currency or other currencies may impact GAAP especially as related to revenue recognition rules. 3 paragraphs 3 references .

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Discuss how a successful organization should have the following layers of security in place for the protection of its operations: information security management, data security, and network security. Multiple Layers of Security Marlowe Rooks posted Mar 13, 2020 9:54 AM Looking at Vacca”s book chapter 1, “Information security management as a field is ever increasing in demand and responsibility because most organizations spend increasingly larger percentages of their IT budgets in attempting to manage risk and mitigate intrusions, not to mention the trend in many enterprises of moving all IT operations to an Internet-connected infrastructure, known as enterprise cloud computing (John R. Vacca, 2014)”. It is the organization responsibility to protect its business and its client information at all times. With that said I’m going to break down why companies need to have multiple layers of security and what types they should implement below. The first layer is Information security management which can be from Physical Security, or Personnel Security. Physical Security can range from physical items, objects, or areas from unauthorized access and misuse. Personnel Security is to protect the individual or group of individuals who are authorized to access the organization and its operations. Some of the reason to implement Information Security is as follow: · Decrease in downtime of IT systems · Decrease in security related incidents · Increase in meeting an organization's compliance requirements and standards · Increase in customer satisfaction, demonstrating that security issues are tackled in the most appropriate manner · Increase in quality of service · Process approach adoption, which helps account for all legal and regulatory requirements · More easily identifiable and managed risks · Also covers information security (IS) (in addition to IT information security) · Provides a competitive edge to an organization with the help of tackling risks and managing resources/processes The second layer would be Data Security which can be refers to the process of protecting data from unauthorized access and data corruption throughout its lifecycle. Data security includes data encryption, tokenization, and key management practices that protect data across all applications and platforms. Some of the reason to implement Data Security is as follow: · Cloud access security – Protection platform that allows you to move to the cloud securely while protecting data in cloud applications. · Data encryption – Data-centric and tokenization security solutions that protect data across enterprise, cloud, mobile and big data environments. · Web Browser Security - Protects sensitive data captured at the browser, from the point the customer enters cardholder or personal data, and keeps it protected through the ecosystem to the trusted host destination. · Mobile App Security - Protecting sensitive data in native mobile apps while safeguarding the data end-to-end. · eMai.

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Discuss emerging trends in the use of Internet currency such as Bitc.docx

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