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Question: In your last meeting, Paul Gray mentioned he was concerned about the security of his clients and their own management of passwords and accounts. Improper password management can lead to cases of fraud and misuse of the system.
One such type fraud is that victims' account passwords can be stolen and their share trading accounts can be misused for making unauthorized transactions that result in the victims making losses. This crime can be executed by the suspect installing key loggers in public computers, such as cyber cafes or airport lounges, or in the victim's own computer. Unsuspecting victims use these infected computers to log in to their online banking and share trading accounts. The passwords and other information pertaining to the victims are e-mailed to the suspect. In such cases, it is often difficult to prosecute the perpetrators, and the existing set of controls is inadequate to fight this type of computer crime.
The perpetrators may also be juveniles. The law understands the immaturity of juveniles and shows leniency toward crimes committed by juveniles. Crimes committed by juveniles can cause the same damage to the economy as the ones committed by a mature individual.
Based upon the scenario above, answer the questions below.
Answer the following questions:
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Securing applications is an integral part of an overall security plan. Even if you have a secure IT platform, installing an insecure application can cause.
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