Research the topic and discuss how the fraud occurred, only need to pick 1 from 3 of topic from the following. Assess the effectiveness of the company’s internal controls and recommend accounting information system (AIS) controls that will mitigate the risk of future attacks. Ensure your recommendation is in compliance with industry standards.

Research the topic and discuss how the fraud occurred, only need to pick 1 from 3 of topic from the following. Assess the effectiveness of the company’s internal controls and recommend accounting information system (AIS) controls that will mitigate the risk of future attacks. Ensure your recommendation is in compliance with industry standards.

1) Russian hackers broke into Citibank’s system and stole $10 million from customer accounts.
2) A 17-year-old hacker broke into the Bell Laboratories network, destroyed files, copied 52 proprietary software programs, and published confidential information on underground bulletin boards. Many hackers are young, some as young as 12.
3) In the worst security breach in gaming history, 101 million Sony PlayStation accounts were hacked, crashing the network for over a month. More than 12 million credit card numbers, email addresses, passwords, home addresses, and other data were stolen.

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