One Reason Why Computer Crime Is Important to AISs Is

question 53

True/False

One reason why computer crime is important to AISs is because,according to a Computer Security Institute survey,the average cost of a computer-abuse incident is about $500,000.

---

Definitions:

Accounting Standards Board

An organization responsible for establishing and improving financial accounting and reporting standards to ensure clarity, consistency, and comparability of financial statements.

International Accounting Standards Board

An independent, private-sector body that develops and approves International Financial Reporting Standards (IFRSs).

IFRS

International Financial Reporting Standards are a set of accounting rules and standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.

EU

A political and economic union of 27 European countries that are located primarily in Europe, aimed at fostering economic cooperation and collective regulation.