Open AccessEvaluating Information Security System Effectiveness for Risk Management, Control, and Corporate Governance
Author(s) -
Mouhamadou Sow,
Christina Gehrke
Publication year - 2019
Publication title -
business and economic research
Language(s) - English
Resource type - Journals
ISSN - 2162-4860
DOI - 10.5296/ber.v9i1.13994
Subject(s) - accounting , corporate governance , audit , business , information security , transparency (behavior) , accounting information system , confidentiality , information security audit , security controls , internal control , information governance , information security management , control (management) , internal audit , information technology audit , computer security , information system , security information and event management , management information systems , security service , economics , finance , computer science , joint audit , cloud computing security , engineering , management , cloud computing , network security policy , operating system , electrical engineering
Using Grounded Theory, this study addresses factors related to forensic accounting, as well as various issues that can arise due to lack of security measures. The study identifies issues related to lack of security measures and cybersecurity crimes, and their impact on corporate-governance practices within organizations. This qualitative research study was phenomenological in nature and participants included a group of twelve employees in the field of forensic accounting, auditing, and information security systems across several organizations in the Southwest United States who were interviewed about cybersecurity and information security. Specific research literature provides a framework for this study, indicating the need for information technology that reinforces data safety and increases the effectiveness of corporate governance. The forensic accounting system depends on auditing and risk-control factors because in their absence, organizations may be unable to keep data confidential. Larger firms must adopt security measures that advanced technology provides within the accounting system to help develop fairness and transparency within the forensic accounting system. The study proposes means of increasing good corporate-governance practices and decreasing the risk in larger organizations using the latest technology.