Ransomware Outbreak – Business Intelligence and Risks and Controls – Business Intelligence Assignment
Part A.
Your organisation is considering implementing business intelligence software. You work as a management accountant and your boss, the Finance Director, has asked you to do some research on the potential impact of Business Intelligence (BI) on the accounting function within the organisation.
Questions:
Using appropriate academic literature, provide a brief overview (1,000 – 1,200 words) Explain the impact that Business Intelligence has had in all areas of accounting and the potential impact that it may have on your role.
Part B:
You have been recently employed as an accountant for your local hospital. The CEO has tasked you with providing advice to management regarding the recent ‘Ransomware Outbreak’ in May 2017. The CFO has provided you with an article they read regarding the Ransomware Attack which is available in Interact
Questions:
1. An overview of the Ransomware attack.
2. What are some of the key risk areas where the hospital may be exposed to a Ransomware attack?
3. What is the impact of each of these risks on the hospital?
4. What specific controls do you recommend be implemented at the hospital to protect the organisation from the key risk areas relating to a Ransomware Attack that you have identifiedabove? In your recommendations, you need to consider which controls are the most appropriate
for the hospital to address the risks you have identified.