Advantages And Disadvantages Of Bitcoin

That’s my Tracker”,Peter page 66 ). However, I believe that being tracked down is not that much of an issue because they can track down any terrorist who are planning on attacking us. Internet surveillance is a large issue because most of us are not aware of this when we should be. Private information that they can acquire consists of what we are searching on the web, where we are located, when we buy items, and even when we wake up. “ If you want to avoid some surveillance, the best option is to use cash for prepaid cell phones that do not require identification” (Peter Maas, “That’s no phone.

Authentication controls identify is on loose under ING since Mueller had the power to access either SUB or CW’s computer with password. This show a lack of secure and authorization control within the company. ERP controls ensure that only legitimate users can access the system, these including passwords, smart cards, and ID identifiers. In Mueller case, his fraud could have been prevented if the company had use multifactor authentication, perhaps by running both password and smart card interested into a card reader or scan their ID badge to identify the user. Additionally, ERP system control help to measure the value of transitions in manner that permit recoding their proper monetary value in financial statements.

Disadvantages of Buying a Real Estate Property under an LLC 1. Difficulty in Formation Forming an LLC for the purpose of buying a property may not be as troublesome as forming a corporation, but it is certainly more tedious than forming a partnership for joint ownership. However, these types of property ownership provides a certain protection against personal liabilities and it is still an appealing advantage when you look at it from a much larger perspective. 2. Personal Liability Shield is Not Absolute Those who have invested in an LLC tends to believe that the protection they are afforded is an ultimate guarantee in which the only possible loss that they can incur is the amount of their investment.

Thus, they feel that the dishonest job even though it is easy but it is mostly illegal. ‘In my opinion, even if you use a dishonest yet fast way to earn money that would not be right,’ a respondent answered. Money can come from many paths but only the honest one will really help us achieve

2.2 Password Reuse The password reuse is unsecured as this might caused other people that same password with you accidentally access to your account and it might caused your personal information being stolen by someone else. 2.3 Security Issues The security issues are to notice that is it enough to secure your personal information by only using username and password to access into your account as it might causes hackers easily retrieve your id and password by hack into the system as only got 1 barrier that protect your information. Chapter 3 Alternative Technique Alternative technique is a technique which can be replaced the current technique that are using. The alternative technique might be the oldest or latest technique that being used that can carry out the same or nearest features and come out a similar result by using different way. The topics that will involved in this chapter are as follows : 3.1 Username and

Fraud is defined as “the intentional deception made for personal and monetary gain” (Hill, 2005). Many people think think of fraud as making an illegal ID or forging papers. Another type of fraud that often goes unnoticed to the untrained eye is unethical accounting, also known as accounting fraud or ‘Cooking the books”. Accounting scandals are complex and can be very tricky to locate even under close inspection of a company’s accounting records. Accounting relies heavily upon numbers balancing each other out.

When a person thinks they cannot be caught, they are more likely to do worse than they would in person, where they could be seen. If cyberbullying had more regulations, cyberbullies would most likely be more afraid of getting caught and do it less. In addition, what cyberbullies do can be more underhanded than what in-person bullies do. Cyberbullies can “[p]retend they are other people”, “[t]rick people into revealing personal information”, and “[p]ost pictures of [their] victims” (Cyberbullying). In person, those things are very difficult to do but online, they are not hard at all.

The disadvantage of owning a variety of assets is that investors will never be able to fully capture the gains and returns. Diversification has a net effect that enables slow and careful performances and smoother returns, never shifting upward or downward too quickly. The reduced volatility that comes from portfolio diversification helps ease financial distress in investors. The risk of diversification While diversification is a simple way for investors to reduce portfolio risk, it is unable to eliminate risk entirely. There are two broad types of investment risk: Market Risks.

For consumers who usually fall victims by plainly presenting their login credentials or personal information to the identity thieves after being tricked should guard their personal identifiers. This is the most familiar intervention strategy for consumers (Giles, 2010). People should also avoid identifying themselves unnecessarily as this can partially mitigate identity theft. Maintaining computer security helps to prevent electronic identity theft through hacking, phishing or malware (Hoofnagle, 2007). People are cautioned from giving out personal information over the phone or social media platforms.

• Security of transactions is a big problem. Your account information might get hacked by unauthorized people over the internet. • Password security is a must. After receiving your password, do change it and memorize it otherwise your account may be misused by someone who discovers your password unintentionally. • You cannot use when the bank’s server is down.