Reference no: EM133207006

Question 1 - An accountant with the Atlanta Olympic Games was charged with embezzling more than $70,000 to purchase a Mercedes-Benz and to invest in a certificate of deposit. Police alleged that he created fictitious invoices from two companies that had contracts with the Olympic Committee: International Protection Consulting and Languages Services. He then wrote checks to pay the fictitious invoices and deposited them into a bank account he had opened under the name of one of the companies. When he was apprehended, he cooperated with police to the extent of telling them of the bogus bank account and the purchase of the Mercedes-Benz and the CD. The accountant was a recent honors graduate from a respected university who, supervisors stated, was a very trusted and loyal employee.

Submit your answers to the following questions on a separate Word document and submit it here. Include your name and REDID on the submission. Use full sentences and well-organized and supported responses. As with all written assignments, cite sources as appropriate.

a. How does the accountant fit the profile of a fraudster? How does he not fit the profile?

b. What fraud scheme did he use to perpetrate his fraud?

c. What controls could have prevented his fraud?

d. What controls could have detected his fraud?

Question 2 - Cyberattacks are on the rise and frequently in the news. Locate a recent article or article about a cybersecurity attack(s) on businesses and/or governments. The article must be less than one year old and at least 300 words long. Write a summary of the article. Explain what the attack was, how it was perpetrated and by whom, what was the impact of the attack, what actions are being taken to prevent these types of attacks in the future, and if known, what is being done to address the perpetrators.