You just landed a job as an accounting intern for the Veterans Administration. Clearly there is a cost associated with securing information assets as well as a cost associated with lack of security. In the case of the stolen Veterans Administration laptop, the court case was settled for $20 million; however, there were also other costs involved in defending against the suit, the cost of investigating the theft of the laptop, and measures taken to try to address the potential identify theft of the military personnel. Prepare a cost-benefit analysis to the best of your ability by researching various costs to obtain estimates for securing the stolen laptop versus the cost of its theft. Write an email summarizing your findings and recommendations to the Veterans Administration.
Why does cybersecurity for accounting require prudence?
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