What is a vulnerability? Explain with an example
What will be an ideal response?
A vulnerability is a weakness in the IS that provides an opportunity for threats to gain access to individual or organizational assets. For example, when an individual buys something online, he provides his credit card data; when that data is transmitted over the Internet, it is vulnerable to threats.
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Answer the following statements true (T) or false (F)
1) Lower-of-cost-or-market (LCM) requires that merchandise inventory be reported in the financial statements at the lower of the historical cost or the current selling price of the inventory. 2) If the historical cost of inventory is less than its current replacement cost, the business must adjust the inventory value. 3) In computing the lower-of-cost-or-market, current replacement cost is the cost to replace the inventory on hand. 4) In computing the lower-of-cost-or-market, market value generally means the selling price. 5) In computing the lower-of-cost-or-market, under IFRS, the market value is defined as the net realizable value, which is essentially the sales price.
Which of the following is one of the nine levels of differences on which cross-cultural communication can falter?
A. directness B. when to talk C. rushing D. nonverbal
_______________ let qualifying employees purchase shares of stock in the company at any time and usually at a discount.
A. Stock options plans B. Employee stock ownership plans C. Company-funded retirement funds D. Employer divestiture plans E. Stock purchasing plans
Which is more important to a company's future financial performance, the achievement of strategic objectives or the achievement of financial objectives? Why?
What will be an ideal response?