Accounting Information Systems 7th Edition by Cynthia Heagy,Constance Lehmann

Exercise 18

Cases of computer fraud are reported in the news almost every day. Indeed, it is estimated that billions of dollars are lost annually through computer fraud. Experts, however, maintain that many crimes are unreported because management is embarrassed to admit Its vulnerability and wants to avoid adverse publicity. Management must recognize the severity of the problem and develop and monitor effective control activities to deal with the types of fraud to which computer systems are susceptible on a daily basis. Some types of computer fraud include computer virus, attempted unauthorized access, theft or destruction of computing resources, and destruction of data.
Required:
For each type of fraud named above, identify one or more control activities to mitigate the risk of the fraud occurring. Use the following format.