SAS-99 and Fraud Examination

<p>Data Breach (D)</p> Signup and view all the answers

<p>SAS-99 emphasizes that technology impacts fraud risks, highlighting the importance of technology-oriented tools during audits. (D)</p> Signup and view all the answers

<p>They are typically younger and possess more computer knowledge and skills. (B)</p> Signup and view all the answers

<p>They tend to mirror the general population in terms of education, age, and religious beliefs. (C)</p> Signup and view all the answers

<p>To comply with all of the above. (D)</p> Signup and view all the answers

<p>A desire to improve credit score (A)</p> Signup and view all the answers

<p>Perceiving an inability to share one's financial woes increases the pressure to commit fraud. (B)</p> Signup and view all the answers

<p>The perpetrators in financial statement fraud are not the direct beneficiaries. (B)</p> Signup and view all the answers

<p>Securing additional funding for unrelated investments. (A)</p> Signup and view all the answers

<p>An individual's worry about their financial position is more impactful than their actual financial standing. (B)</p> Signup and view all the answers

<p>Manipulating financial statements to make the company's performance appear better than it actually is. (C)</p> Signup and view all the answers

<p>A discussion of the pressures and motivations behind fraudulent behavior. (D)</p> Signup and view all the answers

<p>To protect the company's long-term financial stability. (B)</p> Signup and view all the answers

<p>A program that is triggered by a specific event or date, causing damage to the system. (B)</p> Signup and view all the answers

<p>Data encryption (C)</p> Signup and view all the answers

<p>Altering or manipulating data within a system for personal gain. (A)</p> Signup and view all the answers

<p>It intercepts and captures data packets traveling over networks, potentially revealing confidential information. (D)</p> Signup and view all the answers

<p>To disrupt electronic commerce and destroy communication systems. (A)</p> Signup and view all the answers

<p>The disruption of normal operation of a computer system or network. (D)</p> Signup and view all the answers

<p>By gaining access to a system by pretending to be an authorized user, using a legitimate user's ID and password. (A)</p> Signup and view all the answers

<p>Denial-of-service attacks (A)</p> Signup and view all the answers

<p>The unauthorized use of someone else's computer to carry out illegal or malicious actions. (D)</p> Signup and view all the answers

<p>A website spreading false information about a political candidate. (C)</p> Signup and view all the answers

<p>To create a false sense of legitimacy and trick recipients into action. (C)</p> Signup and view all the answers

<p>By using a program to systematically try different combinations of characters until the correct password is found. (C)</p> Signup and view all the answers

<p>To gain access to computer systems and steal sensitive information through dial-up modem lines. (B)</p> Signup and view all the answers

<p>The use of computer viruses and worms to damage and disrupt computer systems and networks. (A)</p> Signup and view all the answers

<p>Disrupting the victim's credit history to gain access to resources. (A)</p> Signup and view all the answers

<p>Data leakage focuses on the unauthorized disclosure of data, while data diddling involves intentionally modifying data within a system. (B)</p> Signup and view all the answers

<p>A virus is only a segment of code hidden in a host program, while a worm is a standalone program. (B)</p> Signup and view all the answers

<p>Patches can help to prevent viruses and worms from exploiting known software vulnerabilities. (B)</p> Signup and view all the answers

<p>By replicating itself and sending copies to email addresses in a recipient's mailing list. (D)</p> Signup and view all the answers

<p>They can be carried out by individuals with limited technical skills. (A)</p> Signup and view all the answers

<p>Refrigerator (B)</p> Signup and view all the answers

<p>A method of tricking users into revealing personal information by sending them emails that appear to be from a legitimate source. (D)</p> Signup and view all the answers

<p>Malware encryption (D)</p> Signup and view all the answers

<p>Being cautious of suspicious emails and verifying information before providing sensitive data. (D)</p> Signup and view all the answers

<p>It redirects the user to a fake version of a legitimate website. (B)</p> Signup and view all the answers

<p>It ensures you are connecting to PayPal's secured server. (B)</p> Signup and view all the answers

<p>It showcases a sophisticated phishing scam that exploited user trust and vulnerabilities. (B)</p> Signup and view all the answers

<p>To disrupt a system’s functionality at a specific time or event. (B)</p> Signup and view all the answers

<p>Verifying the identity of the person you are interacting with, especially during financial transactions. (B)</p> Signup and view all the answers

SAS-99 mandates auditors to understand fraud and its risks, gather information, assess risks, communicate findings, and document their work.

The series of steps involved in fraud detection and prevention, including understanding, assessment, and communication of risks.

SAS-99 incorporates technology to address fraud risks and encourages auditors to use tech tools in audits.

Various methods of committing fraud, including bribery, skimming, embezzlement, and others.

Individuals who commit fraud and generally resemble the demographics of the general public in various aspects.

Individuals committing computer fraud are usually younger and more technically skilled than others.

Auditors must document their work to show compliance with SAS-99, ensuring their audit processes are transparent.

White-collar criminals share many psychological traits with the general public, making them harder to profile.

Circumstances that push individuals towards committing fraud, like financial distress or isolation.

The belief that one cannot share financial burdens increases the pressure to commit fraud.

An individual's tendency to commit fraud, often affected by anxiety over financial issues rather than actual wealth.

A type of fraud where the perpetrators are not the direct beneficiaries but the company is.

Reasons that compel management to commit financial statement fraud, like bonuses or job security.

Using fraud to disguise difficulties generating legitimate cash flow.

Fraud may occur to make financial statements appear compliant with bond agreements.

Fraud driven by the desire to evade taxes or meet government regulations.

Manipulating data before or after entry to commit fraud.

Unauthorized transmission of data from within an organization.

Overwhelming a system to disrupt service for users.

Unauthorized listening to private communications.

Creating a fake email to appear as if sent by someone else.

Hacking phone systems to steal services or data.

Gaining unauthorized access to computer systems to commit illegal activities.

Illegally obtaining and using someone else's personal information for financial gain.

False or misleading information spread via the Internet.

Use of the Internet to carry out harmful acts, such as disrupting services.

A program that activates under specific conditions to sabotage a system.

Gaining unauthorized access by impersonating an authorized user.

Programs that capture data packets as they travel over networks.

The process of recovering passwords from data, often to gain unauthorized access.

Malware types used in Internet terrorism to disrupt systems.

Illegal activities that involve deceitful conduct in computing environments.

A malicious software that attacks computer systems and can spread across devices on a network.

A self-replicating program that spreads independently and can infect various devices without user action.

Viruses need a host to operate; worms stand alone and replicate without user interaction.

An often misguided warning from friends about an infected email attachment that can lead to accidental system damage.

Updates that fix known vulnerabilities in software, crucial to prevent virus and worm attacks.

Malicious code that triggers at a specific time or condition.

Fraudulent attempts to obtain sensitive information via email.

Using 'https:' instead of 'http:' for secure connections.