CFO of Motherboards and More Pty Ltd †MyAssignmenthelp.com

Question: Discuss about the CFO of Motherboards and More Pty Ltd. Answer: Introduction The main aim of the report is to focus on the aspect of ransomware attack which has recently. The working of the threat of the ransom ware attack and with the attack the recommendation for the company is put forward. The main emphasis of the report is a detailed description of the revenue cycle that is mainly followed by the organizations with it identification of the threads which is incorporated in the system which is followed by the organization. Overview of the Revenue Cycle The main functionality of the company is the manufacture of motherboard, card and microchips graphics repairs across the Australia in a central city and the departments are located on the outskirts of the town (Wells Bravender, 2016). Being a small enterprise company the revenue system which is followed by the company is very much precise. The main feature which is incorporated by the company involve payment through a credit card with the use of the online website of the company. The order is invoiced and the main order is send to the ware house in order to the packing of the goods. The service of the customer is mainly done through the alphabetical manner. The source number is usually twenty in number and the overall orders which are going out is mainly more than that. When there is loss of any product the process which is incurred is that the item is logged into a log book in order to get updated into the record. Identification of threats The following table mainly discuss about the threats that are faced by the company Internal Control Weaknesses There is no physical counting of the inventory items. Impact These Weaknesses If the items are not kept a track of then if something gets lost then it will not be found Specific Internal Controls Tagging the items in the inventory and then keeping a track of the location the item was last stored can help in the tracking of the lost items. Also keeping an active connective closed circuit camera would help in looking after the warehouse floor (Sittig Singh, 2016). The factor of source of time can be a factor by which the organisation is facing internal weakness. One of the major factor of concern is the allowance of the customer to buy goods online through the use of credit. The use of dock for the incoming and the outgoing delivery of the item can be indicated as the second point of emphasis, this related to problem creation within the operation of the organization. In any organization the database in order to keep the record of the customers plays a vital role , the company lags behind in this field (Kharraz et al., 2015). Impact of the weakness In any organization the database in order to keep the record of the customers plays a vital role, the company lags behind in this field (Kharraz et al., 2015). In the process of not keeping the record when the size of the item increase. On the other hand, the customers get a free trial of 30days this puts high stress on the working team and also on the financial aspect of the company. The use of dock for the outgoing and incoming delivery of the item can be stated as a point of concern. Overview of the Ransom ware attack The main factor which caused the problem was a self-replicating software piece that mainly took advantage of the different vulnerabilities with the main focus on older versions of Microsoft windows. Finding an exposed target, it spreads from system to system. the attack of the ransom ware resulted in demand of ransom which varied from an amount of $US300 and it mainly accompanied increase in amount on an hourly basis. The security holes where disclosed several weeks after by the shadow brokers, this group was a mysterious group that mainly published different hacking tools which was used by the NSA (Collier, 2017). Right after the discloser the Microsoft company issued softwares which mainly included the patches which was made for the loop holes. On the other hand, it can also be stated that many companies did bot install the patches or used older versions of the operating system which did not support the patches which was oriented to protect the system (MohurlePatil, 2017). The most disruptive kind of attack was targeted towards the clinics and the hospital which were in Britain. The case forced to turn away patients after the access of the computer system was not allowed due to the attack. There were many other countries which were involved in the attack for example Spain, Russia, Portugal. Cyber extortionist mainly ticked the victims in order to open malicious attachment which had the malware in order to spam emails that mainly appear to be contained in job offers, invoices, warning which are related to security and other files of legitimate. Recommendations From the above discussion it can be stated that the most important aspect that is related to the problem is that is the company Motherboard and Pvt Ltd faces problem with the tracking of the goods in their warehouse. The items have been tagged and kept in the shelf. The items should be tagged and number with the help of a radio frequency identification tags (RFID). This would help in knowing the location of the product and if an unauthorized way were taken up to take the item out of the warehouse then the tags would help in informing the authorities about the item being taking out of the warehouse (Gupta Tripathi, 2017). Conclusion It can be concluded from the report that the ransom ware attack on the organization has faced many loss of data in aspect to the financial condition and related to the company. The detailed study of the case study is mainly based on the drawback which is related to the technical drawback related to the warehouse. References Andronio, N., Zanero, S., Maggi, F. (2015, November). Heldroid: Dissecting and detecting mobile ransomware. InInternational Workshop on Recent Advances in Intrusion Detection(pp. 382-404). Springer International Publishing. Everett, C. (2016). Ransomware: to pay or not to pay?Computer Fraud Security,2016(4), 8-12. Faruki, P., Laxmi, V., Gaur, M. S., Vinod, P. (2012, October). Mining control flow graph as API call-grams to detect portable executable malware. InProceedings of the Fifth International Conference on Security of Information and Networks(pp. 130-137). ACM. Kharraz, A., Robertson, W., Balzarotti, D., Bilge, L., Kirda, E. (2015, July). 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