Monday, February 17, 2020

Week 6 students discussions answers Assignment Example | Topics and Well Written Essays - 500 words

Week 6 students discussions answers - Assignment Example However, administrators may allow wish to deny employs access to some sites, as such, they can add them to the restricted sites zone. At home, some websites can be added to restricted sites zone, to prevent kids from accessing them. Additionally, I concur with Joshua that often updating of IE is important wince it helps prevent security vulnerabilities. However, Joshua fails to explain what need to be considered before the decision to update is considered. Before deciding what needs to be updated that a CIO considers whether certain important add-ons, extensions, and plugins would be compatible with the new version. I agree with Catherine that the SmartScreen filter is an important component of the IE responsible of monitoring traffic for any evidence of phishing activity, and as such, should not be disabled, especially in a business setting. I tend to disagree with Catherine’s notion that as long as an older version of IE is working correctly, there is no need for updating to a newer one. Updating to a newer version prevents any sort of security vulnerabilities that might arise. I agree with Joshua that restricting the applications run on a workstation helps prevent security vulnerabilities; and it is the responsibility of the system and network administrators to test applications for vulnerabilities and ensure that vulnerable applications are not run on computers. I also agree with Joshua, that as an end user, I would be agitated with the policy of restricting application being run on a computer due to security reasons, since such restricted applications, may be important to me. I do not agree with Joshua that developer’s hard coding is responsible for the occurrence of application compatibility bugs. In my opinion, application compatibility bugs may occur as a result of updating to a newer operating system. I an organizational context, once the operating system has been updated, it is important that compatible applications

Monday, February 3, 2020

Securitization and Swaps Essay Example | Topics and Well Written Essays - 3750 words

Securitization and Swaps - Essay Example Hence the firms in the financial services industry attach more importance to the risk management in their organizations. Risk management in the financial services organizations is necessitated due to various reasons. The most important reason is the potential economic losses to which the firms will be exposed in case they had to meet with some unforeseen risk and it may erode the entire capital of the firm. There are other reasons for undertaking risk management in these firms like the tax implications of the transactions, movement in the capital and stock markets and the persistent fear of the people managing the financial services businesses that their decisions may be proved wrong by the course of business events. In any risk being faced by the financial service firm there is the potential danger of the firm losing profits which in turn would result in the decline of the firm value for some of the stakeholders. Similarly all or any of these reasons for managing the risk may force the management of the firm to make an assessment of the risks involved and take necessary corrective or preventive action to protect the firm against the risks identified. In this article the different kinds of risks to which the financial institutions are exposed and the ways in which the firms can protect them against these risks are discussed. The financial Methods to Protect against Risks The financial institutions adopt several ways of protecting them against the risks associated with their businesses. In general the organizations can find out the best business practices in the industry with respect to risk management and adopt them in their own organizations. Alternatively the organizations can find convenient ways of transferring the risks to other players in the market or the organizations can employ specialized risk management programs at their organizational level to protect them against any financial loss resulting from the risks. The best practices in the industry is the normally adopted risk management procedure by most of the organizations in which the organizations take actions like underwriting and reinsurance of risk so that the risks will be spread among the operators which have the effect of reducing the risks of apparent risks associated with the business. In addition the financial institutions may undertake hedging of their balance sheet items to protect any possible financial risks due to change in interest rates or exchange rates if the assets and liabilities are held in foreign companies. The basic objective behind these measures can be seen from the fact that the organizations do not want to carry the risks which are part of the businesses undertaken by them and also to maintain the level of total risks under controllable levels. There are systemic risks that can be eliminated by a proper assessment of the risks and taking risk protection programs to safeguard the financial interests of the organizations. Similarly in the case of risks that the organizations may face due to the frauds committed by the staff and employees, losses arising out of oversights and mistakes of the employees due to limited control by senior level management - known as operational risks - the organizations can find suitable ways to minimize these risks. In any case it must be noted that the organizations would suffer from possible erosion of profits due to