olders. (The user subsequently codes this information onto a magnetic coding device and places this strip on a blank bank card.) B. Because of occasional noise on a transmission
olders. (The user subsequently codes this information onto a magnetic coding device and places this strip on a blank bank card.) B. Because of occasional noise on a transmission
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Listed here are two scenarios. For each scenario, discuss the possible damages that can occur.
Suggest a preventive control.
A. An intruder taps into a telecommunications device and retrieves the identifying codes and
personal identification numbers for ATM cardholders. (The user subsequently codes this
information onto a magnetic coding device and places this strip on a blank bank card.)
B. Because of occasional noise on a transmission line, electronic messages received are extremely
garbled.
Problem # 4 (30
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