The company had installed spam filters in order to shield the firm from cyber-attacks, but some fraudulent emails still went through. In one such case, the email appeared to be from the Finance Department and required some information including passwords. The employee gave the information in the email not realizing it was a fraudulent email and the firm faced great financial losses as their entire data got wiped out. This is one of the most common reasons for small and medium sized businesses to shut down, thus hampering the economy. The situation could have been easily avoided had the employee contacted the person in charge.
And also, if the customers demand increase, we need to increase the demand of our internal customers and so will pay more in the short term process (magrudy). • High and low product prices: Our products have different prices depend on the items. Some products are more expensive because the process of designing is long and very specific. And the others are set in very competitive price which is less than the cost of the high feature of the models that we provide it. This will affect the net income, and will lead to pay extra expenses (magrudy).
According to Richards (2013), it is illegitimate and pernicious to establish an underground and comprehensive surveillance in the society. First, individual privacy, which should be granted and well protected by the law, is now violated. Under PRISM, personal details, including thoughts, movements, communication, transaction and health record, is being systemically and consistently collected without a permit from the owners. The right to hold these details is shifted from the individuals to the state. The state then can make use of the information for certain political purposes like filtering criminal/ terrorist-related suspects out of the government or even country.
Among the many security issues that now affect computer users, there is a growing threat within era of internet technology is known as "phishing". Online frauds in bank with phishing usually appear to come from a well-known organization and ask for your personal information such as credit card number, social security number, account number or password. In order for Internet criminals to successfully "phish" your personal information, they will almost always trick you to click a link that takes you to a web site where your personal information is requested. Legitimate organizations would never request this information of internet consumers via email. Internet frauds is the use of Internet services or software with Internet access to defraud victims or take advantage of them using email, web sites, chat rooms to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions or to transmit the proceeds of fraud to financial institutions or to others connected with the scheme.
2. What are the constraints? There are budget and time constraints. The discovery and development of drugs risky process that can consume a lot of time and money. The longer it takes to get develop a new drug, the more money it will cost and if the drug ends up harming participants that test new drugs, that will be a lot of money down the drain.
Organization should use extra protection when sensitive information is being processed Organization proliferation and computer networks enable the employee to access of personal data it might be unfairly stigmatize to some individuals if they decided to share it outside of their organization and also misuse the data thus will prohibit others from achievement in their life and career related goals like example is the individual medical data and family background and also cause controversy and reports about the company of the lack of security. (Roeback, 2004) Another issue is the hacking of database from external threat they are mainly the black hat, the non-ethical hackers. There are two types of hackers the ethical and
There is also disenfranchisement wherein they render people unable to vote. There are a lot of other methods of electoral fraud which are widely used during elections. Successful fraudulent elections may lead to coup d’etat, corruption or even the breakdown of democracy, and the establishment of dictatorship. Vote buying, which is a form of an illegal interference with the process of election, is the distribution of any reward in exchange support between a candidate and a voter. It is an illegal practice which is prevalent every election—during campaign period and even on the Election Day itself.
The most cited one is project cost overrun—or worse, an outsourcing project that results in an increase in overall operations costs for the client. It is the most visible outsourcing risk because cost cutting remains one of the most common reasons for IT out sourcing. Other common signs of an outsourcing disaster include: clients’ poor service delivery, increasing customer complaints, and, in extreme circumstances, business shutdown (due to an information security breach or to the vendors’ system or organizational failure). Any of these is directly harmful to an outsourcing client’s short-term market performance as measured by sales, costs, strength of customer relationships, or market reputation. These short-term market performance risks signal the imminent failure of an outsourcing project.
This shows that they are also plenty of flaws from technology 's impact on communication. Debates are heated on both sides, but in order to truly support either sides, you have to analyze them thoroughly. Undeniably, technology has rendered a more efficient and convenient platform for communication. It is obvious when you compare electronic emails with mail delivery which is relatively time consuming. As technology continues to strive towards higher standards, the cost of communication continues to decline.
Managerial inefficiency : When a firm expands its production capacity , control and planning also needs to be increased, this requires the management to be more efficient . often due to the challenge of managing a bigger firm , managerial responsibilities are delegated to lower level personnel. Because of lack of experience of the personnel. It may result in low output at higher