Most Clicked InfoTech Update Stories
1. Forensic accountants to take prominent role in fraud cases
InfoTech Update | Nov 05, 2009
Forensic accounting is expected come into the spotlight as a series of fraud cases go to trial. Teams of forensic accountants will be working for the prosecution and the defense in the cases, including that of Allen Stanford, who is accused of running an $8.5 billion Ponzi scheme. Don't miss next week's AICPA webcast on the role of IT in forensic accounting. Accountancy Age (London) (10/22)
2. Hackers target computing clouds
InfoTech Update | Nov 05, 2009
Cloud computing can leave companies vulnerable to hackers, as this article notes. The damage that can be done is best demonstrated by a massive Google outage this year that was caused by hackers attacking the firm's cloud-computing infrastructure. CSO (10/27)
3. FASB increases codification functionality for GAAP
InfoTech Update | Nov 05, 2009
Compliance Week (10/14)
4. Which IT costs are next up on the chopping block?
InfoTech Update | Nov 05, 2009
Cutting back on servers through the use of virtualization and cloud computing has been a popular strategy for chief information officers looking to save money, but you can only do that once, BMC Software's chief technology officer, Kia Behnia, says. One of the next places to look for savings is in the process of how you get things done in IT, Behnia says. Forbes (11/02)
5. Commentary: XBRL tagging will change how financial data is reported
InfoTech Update | Nov 05, 2009
Extensible Business Reporting Language, a version of XML tagging designed to improve the efficiency of financial information reporting, won't change what information is reported, Russell Kay writes. Instead, it will change how information is reported. "With XML tagging, the information in a business report is computer-readable and can be extracted, searched and analyzed (even if it's from multiple sources and written in different languages)," he writes. Computerworld (10/05)
6. Social-networking sites can damage brands
InfoTech Update | Nov 05, 2009
Computerworld (10/19)
7. Facebook cybercrimes including "phishing" are reportedly on the rise
InfoTech Update | Nov 05, 2009
Daily News (New York) (10/29)
8. How hackers exploit social-networking tools
InfoTech Update | Nov 05, 2009
Computerworld (10/19)
9. ABCs of IT Security for CPAs #8: A CPA's Introduction to Peripherals Security Management
InfoTech Update | Nov 05, 2009
Peripheral devices are fueling a growing trend of security breaches, information leakage and data theft inside and outside networked environments. Many such devices can operate at a level of sophistication comparable to servers and workstations, but receive little attention where security and monitoring is concerned. Peripheral devices provide alternate pathways into and out of protected environments. Organizations are experiencing great difficulty in defining, enforcing and securing peripheral device policies across heterogeneous networks and computing assets. This paper highlights some of the most widely used peripheral devices, the potential security threats and how to thwart them. Blank (11/03)
10. Survey: IT security spending will increase next year
InfoTech Update | Nov 05, 2009
IT security spending will increase next year, according to 63% of the respondents to the Global State of Information Security Survey 2010. "The increased risk environment has visibly elevated the role and importance of the information security function to the entire business organization," said Mark Lobel, an advisory principal at PricewaterhouseCoopers. "After years of misalignment, business and IT leaders seem to be starting to think like each other." CIOUpdate.com (10/15)
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