Developments in Technology Flashcards
What is cloud computing and what are the characteristics?
Public or private accounting software
Sold on demand, elastic, fully managed
Accessed by all and up to date, handle back up and updates
What is the internet of things?
Connection of computing devices to the internet
What are distributed ledgers?
Public records of transactions
What is blockchain?
A method of recording transactions that cannot be altered
Discrete block of data - add hash value - new block has 2 hashes - and so on
What is challenging the banking industry?
Crowd funding
Peer to peer lending
Online currency conversion
Digital wallets
What cognitive technologies are taking over jobs?
AI
Machine learning
Robotic process automation
What are the types of information system?
Executive Support System/Executive Information System - dashboard
Management Information Systems - middle managers
Decision Support System - spreadsheet
Expert System - replace human with algorithm
Knowledge work system - intranet
Office Automation Systems
Transaction Processing System
How can obsolescence risk be mitigated?
Outsource activity
Capability to update
Shorter payback period
What are the common cyber threats?
Hacking
Phishing
File hijacking
Webcam manager
Keylogging
Screenshot manager
Distributed denial of service - bots overwhelm to crash
Ad clicker
How can businesses protect themselves from cybercrime?
Report
Mitigate
Manage cybersecurity
Promote awareness
Share knowledge
Develop skills
What threats are there to cyber-resilience?
Mobile threat
Networking and cloud considerations
Access controls
Other threats
How can an organisation protect its information system?
Understanding where info is
Separating systems
User rights and access
Address specific weaknesses
Comply with DPA
Address 3rd party relations
Ethical hackers
Establish IT team
Define responsibility and accountability
Monitor and review
What standards must be adopted?
ISO 27001
PCI-DSS
NIST
SOC
