Question

Virtually all organizations have at least some information system infrastructure. Share at least five risks to accounting information systems, either from your work experience, the textbook, or from research the internet.

Answer 1

Listed below are five (5) risks to accounting information systems:

1. Authentication risk - when you are working with systems, it is really important to keep authentications and log in materials in safety. Just make sure that nobody will know your log in credentials. You cannot trust anybody either no matter how close you are. Accounting systems holds confidential information thus, you cannot rely on trust alone.

2. Security risk - You must also sure that all the person or authorized personnel doesn't leave a copy of the system files anywhere in their personal storages like phones, flash drives, emails etc. Data in the system should be remained in the system.  

3. Connectivity risk - system that has multiple users need communication and connections. System cannot work if connection has been interrupted and terminated. You should ensure that all hardware related to connections are working from time to time.

4. Data privacy risk and concerns - customers are sometimes asking where are their information are stored and how do the company used these information. Companies must be ready to provide privacy documents to make the customer understand on what is happening on their stored information.  

5. Compatibility risk - system doesn't always work with all platforms, devices, media and software. Organizations must be aware on what is best the version of phones, desktops, operating systems to use in able for their system to run smoothly.