Therefore, as the above analysis shows, a company and its management team should be held liable for losses sustained in a successful attack made on their …show more content…
Therefore, the federal government should have deciding and enforcing remedies and punishment in such cases. There are also some other privacy related regulations. These regulations were passed by Congress in order to protect privacy violations and in response to accounting information system attacks.
In addition to the CAN-SPAM Act discussed above, a number of federal regulations, including the Health Insurance Portability and Accountability Act (HIPAA), the Health Information Technology for Economic and Clinical Health Act (HITECH), and the Financial Service Modernization Act impose specific requirements on organizations to protect the privacy of their customers’ personal information (Romney & Steinbart, 2012). Therefore, these are some of the other cases where the federal government should have deciding and enforcing remedies and punishment with regard to violations in accounting information system.
Evaluation of AIS (with Respect to