Ethical Dilemma - Sports and Steroids - 1006 Words

WHAT IS WRONG WITH THIS ‘PITCHER’? Has society become more interested in whether the pitcher on the mound has taken something a little stronger than his vitamins before playing the game than the children that are suffering from lack of care or health benefits? The game of baseball, like any other high price sporting event, has recently been plagued with a form of legal but unacceptable drug habit. The leaders of our country have found it necessary to spend an overabundance of time and effort to correct this type of physical enhancement process. The practice of using steroids has been cited as far back as 1995. All of the major sports leagues and the Olympic committees have had policies of drug testing for over two decades and yet†¦show more content†¦The decision to have a Congressional hearing on this matter seemed quite ludicrous. ‘Your body is your brand and you’ve got to maintain that image.’ This article is just another way steroids are being used to enhance one’s physica l makeup. It tells how it is being used by rappers and RB singers. However, these cases are being handled by local district attorney’s office and not Congress. â€Å"The focus is on doctors who illegally prescribe drugs for nonmedical purposes. None of the celebrities have been accused of breaking the law. In this arena, illegal or unsavory behavior carries little stigma†¦.troubles with the law can even help the all-important celebrity story line.† (Ben Sisario for the New York Times) The fact that a player used steroids a decade ago is a trivial matter. Lying under oath became the center of the discussion and not the handling of the steroids. The hearing left no doubt that one of them was â€Å"lying in a spectacular way,† as Rep. Tom Davis, R-Va., so aptly put it. But which one? In the end no one actually could analyze who won. It was said by Rusty Hardin, â€Å"the American public will make its own decision.† Some people might agree with Rep. Betty McCollum, D-Minn., who says: â€Å"Fixed games played by drug users that illegitimately altered the outcome of the games.† â€Å"It’s my opinion we’re here in the middle of a criminal conspiracy that defrauded millionsShow MoreRelatedEthics : Ethics And Ethics955 Words   |  4 Pagespersonal examples of ethical situations that I have been in. I will also share where my ethical views originated from and why ethics is important to me. Next, I will discuss how ethics will affect my career and why it will be important in it. Lastly, I will talk about the importance of ethics in the global world. Personal: In my opinion ethics is a moral philosophy that helps us determine what is right and wrong. I strongly believe ethics influence our moral behavior. My ethical views originated fromRead MoreEthical Dilemmas1304 Words   |  6 PagesEthical Dilemmas Kevin Brock April 26, 2015 CWV 101: Christian Worldview Instructor: Peter Rasor People from all walks of life face many ethical dilemmas. These dilemmas have consequences. Our worldview determines how we deal with these dilemmas, and guides us to the right decisions. In this essay, I will examine an ethical issues through my Christian worldview. I will also present other viewpoints, and compare them to mine. Ethical Dilemma This dilemma involves my friend Paul. Paul hasRead MoreEthical Scrapbook Part Ii Cja/3241486 Words   |  6 PagesEthical Scrapbook Part II CJA/324 November 29, 2012 Virginia Swisher Our first questions and issue discussed deals with the subject â€Å"Good Samaritan.† We as a team had to decide should jurisdictions have a â€Å"Good Samaritan† law requiring an individual to help another if he or she is able. Without thought or time wasted debating one another, we all agree (except Frank) that no there should not be â€Å"Good Samaritan† law. We believed that if individuals want to assist when someone is in distressRead MoreSteroids : A Lifestyle Of Cheating1639 Words   |  7 Pagesclear, beans and hype (Steroids and their). All of these words are slang for the illegal substance known more commonly as anabolic steroids and HGH, or human growth hormone. The controversy surrounding anabolic steroids and HGH in sports has stormed to the forefront of the many problems that plague America today. Anabolic steroids are synthetic chemicals that mimic the effects of the male sex hormone testosterone. Steroids promote increased muscle gain and musc le mass. Steroids are also highly addictiveRead MoreA Lifestyle Of Cheating1512 Words   |  7 Pageslifestyle of Cheating Gym Candy, ‘roids, juice, pumpers, weight trainers, clear, beans and hype (Steroids and their). All of these words are slang for the illegal substance known more commonly as anabolic steroids and HGH, or human growth hormone. The controversy surrounding anabolic steroids and HGH in sports has stormed to the forefront of the many problems that plague America today. Anabolic steroids are synthetic chemicals that mimic the effects of the male sex hormone testosterone. According toRead MoreAnabolic Steroids And Steroids Use1525 Words   |  7 Pagesbeans and hype (Steroids and their). All of these words are slang for the illegal substance known more commonly as anabolic steroids and HGH (human growth hormone). The controversy surrounding anabolic steroids and HGH in sports has stormed to the forefront of the many problems that plague America today. Anabolic steroids are synthetic chemicals that mimic the effects of the male sex hormone testosterone. Some athletes seeking increase d muscular strength and size abuse anabolic steroids (Ricki Lewis)Read MoreThe Legalization Of Steroids Should Be Beneficial For The World Of Sport1226 Words   |  5 PagesSteroids seem to to be having a negative view for much of history. Steroids are drugs used by athletes to become stronger and achieve a strong physique. Steroids are illegal and are strongly discouraged to be used and may be seen first expressed during high school with the introduction of organized sport teams. The perspective against the legalization of steroids believes in the many benefits of legalization. The perspective for the legalization of steroid expresses the harmful effects of steroidsRead MoreEthics Argument Essay911 Words   |  4 Pagesperfectly parallels to any ethical dilemma, as it is not only correct to bring in different approaches, but also to understand the goal, or as Potter put it- to know the â€Å"difference.† For the sake of this paper, and for a fair analysis, the four main e thical approaches will be considered: Virtue, Utilitarian, Justice, and Rights. The academic article â€Å"Man and Superman† by renowned Author, Malcolm Gladwell focuses on many ethical dilemmas in the world of extreme and professional sports, as it raises the questionRead MoreSteroids and Drug Testing among Athletes1017 Words   |  4 PagesThe primary difference between athletes taking steroids and assembly line workers taking opioids is that the latter could be directly endangering those around them in an immediate way. Whereas athletes do serve as role models for young people and should not be normalizing the use of steroids, their choice to dope is one that has little direct impact on other people. Therefore, the argument can be made that certain jobs and certain tasks do not warrant aggressive drug policies to curtail the use ofRead MoreMlb And Steroids Is Not An Enforcement Agent1583 Words   |  7 PagesMlb and steroids Introduction This presentation will be evaluating and answering the following questions: †¢ Could MLB argue that it is not an enforcement agent, and it has no way of determining whether every player is using steroids at any given time? †¢ Does this argument excuse any responsibility on the part of MLB? †¢ Do you see any rationalizations for the steroid use or the lack of an effective policy on its use in MLB? †¢ What is the responsibility of MLB and the players to young people who are

Accounting - 803 Words

Major Monitor Ltd. Vs Key Keyboard Inc. 1. Major Monitor Ltd (MML) has higher gross profit margin of 34.7% ($7,080,000/$20,400,000). For every sales dollar, they are able to use 34.7 cents in the business and their COGS is 65.3 cents per sales dollar. Key Keyboard Inc.’s (KKI) gross profit margin is 31.1%. ($7,669,000/$24,650,000) They are able to use 31.1 cents in the business and the COGS is 68.9 cents, however as they have larger revenues, they can still thrive and be successful. MML has a net profit margin of 5.1%. ($1,040,000/$20,400,000) and KKI has a net profit margin of 4.5% ($1,100,000/$24,650,000). Major Monitor is able to make a larger net profit because their cost of goods sold is less. KKI has an Offer Acceptance†¦show more content†¦Turnover Rate: KKI: 20/262 = 7.6% MML: 34/217 = 15.7% 7. I would prefer to work for Key Keyboard Inc. Although the Gross and Net profit margins are lower than those of Major Monitor Ltd, the HR metrics are better. The turnover is lower, the job acceptance rate is higher and the cost per employee is less. The environment in which to work in seems like a much more appealing one. With engaged managers and employees, they can look at different ways that they can reduce their costs to make higher profit margins. 8. HR Recommendations: - MML needs to look at the reasons for why people are leaving the company. Even though their gross profit margin is higher, it seems to be at the cost of having happy, engaged employees as their turnover rate is much higher. - KKI needs to look at the costs of producing their products. They are making higher gross revenues, however relative to their net income, the cost of making the product (ie. Raw materials, supplies) is much higher than that of MML, which is eating into their Gross and net profits, which could allow for them to make more profit. - MML needs to have a look at their recruitment process. With their acceptance rate being so low, they need to ensure that they are pursuing the right candidates and making sure that the terms and conditions of the employment contract are within both the employer and employee’s specifications. - KKIShow MoreRelatedAccounting1024 Words   |  5 PagesQuestion 1:   * Proficient-level:   * There are several important functions performed in an organization, among which accounting is one of them. Define the accounting function and discuss how it differs from double-entry bookkeeping. Answer: According to the Dictionary of Accounting Terms, Accounting is defined as a one step process of recording, measuring, interpreting and communicating financial data by preparing financial statements in order to reflect financial condition and operatingRead MoreAccounting753 Words   |  4 PagesCampbellsville University School of Business and Economics SYLLABUS Course Title: ACC 601 Managerial Accounting Semester/Dates: Graduate Term 1: August 29, 2011 – October 23, 2011 (Traditional MBA) Meetings: Thursday (6:00 PM – 10:00 PM), AD 25 Faculty: Dr. Sunny Onyiri Office: AD 29-b Phone: (502) 365 4424 Read MoreAccounting Analysis On Management Accounting Essay1210 Words   |  5 PagesManagement Accounting Introduction: Management accounting technique is the procedure of understanding, analyzing, exam, calculating, deciphers, and transfers the verbal data to chase of company objectives. The section of bookkeeping is called as cost accounting. The difference between the financial and managerial bookkeeping data is the goal at assist the administrators inside the corporation to create choice as per their situations. Even as economic bookkeeping is intended at giving data to gatheringRead MoreFinancial Accounting And Managerial Accounting1613 Words   |  7 PagesIntroduction: Both financial accounting and managerial accounting provide important information about the business process. On the one hand, financial accounting provides only financial information to its internal users and external users. On the other hand, managerial accounting basically communicates about financial and non-financial information with internal users such as managers, employees and owners of the company. In other words, manag erial accounting provides information to managers who directRead MoreAccounting7049 Words   |  29 PagesAcct 340-Midterm Review Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Which of the following is NOT a process associated with an accounting information system? |a. |auditing existing data | |b. |collecting and recording data | |c. |providing informationRead MoreAccounting Theory And Management Accounting2580 Words   |  11 PagesThough forms of managerial accounting practices can be traced back decades, centuries even, management accounting used to be regarded as a financial tool, advantageous for the financial managers. However, over the past three decades views on management accounting have changed. As Kaplan (1994) states management accounting theory has experienced a revolution in both theory and practice with the development of new innovations. Through advances in information technology, more competitive markets andRead MoreAccounting Analysis : Management Accounting2168 Words   |  9 Pages MANAGEMENT ACCOUNTING Author’s Name Course Name Professor’s Name Due Date MANAGEMENT ACCOUNTING Accounting is a way of measuring a business s financial performance through maintaining records and analyzing them. Financial accounting system produces reports that are generally intended for external stakeholders to evaluate a business. Management accounting is used to provide internal information that management uses in order to assess performance toward goals and objectives. FinancialRead MoreAccounting Scandals And Enron Accounting Scandal1596 Words   |  7 Pages Introduction: In this research paper I will be examining accounting scandals, specifically the Enron Accounting Scandal. First, I will be exploring the history of Enron. Then I will be going into further depth on what accounting issues Enron faced and then I will be explaining what a derivative is. Finally yet importantly, I will consider the different types of Accounting Fraud following a conclusion. Accounting Scandals are born due to collective greed and corporate arrogance. InRead MoreManagerial Accounting Is A Discipline Within The Accounting1541 Words   |  7 PagesManagerial accounting is a discipline within the accounting community that focuses on providing valuable information to the leaders of their organization. The importance of the community relies on its ability to provide information that is not readily found in traditional financial statements developed in the accounting department for reporting to outside agencies. Activity-based management utilizes information developed u sing activity-based costing (ABC) to accurately determine product costs.Read MoreAccounting Practices And The Field Of Accounting1393 Words   |  6 PagesIntroduction to the authoritative resources in the field of Accounting In the era of technological advances, access to information of any subject is abundant. With this vast array of information to tap into, the credibility of the material presented becomes questionable. But throughout history, there are sources of material that have been highly regarded. These sources include Scholarly peer reviewed journals, Trade publications, and information presented by respected institutions or organizations

Ukrainian Language and Culture Free Essays

Every day we use, transmit and sometimes learn both language and culture. We are most likely oblivious to it, but our language is inevitably influenced by the culture we live in – e. . We will write a custom essay sample on Ukrainian Language and Culture or any similar topic only for you Order Now the way we are taught to treat people and speak are connected. We are also most likely to have the same traditions and customs as the people speaking the same language. In this essay I will briefly define language and culture and present some examples of the influence on each other from my own Ukrainian culture. What is culture? Found in Oxford Dictionary Online, culture means â€Å"the customs, arts, social institutions, and achievements of a particular nation, people, or other social group†¦ † The word itself comes from the Latin word cultura – meaning growing, cultivation. Edward Tylor (1871) summarized it the following way: Culture †¦ is that complex whole which includes knowledge, belief, art, law, morals, custom, and any other capabilities and habits acquired by man as a member of society. We practice what we learn throughout life and transmit to our children what we have been taught – the basic behaviour, such as greeting, table manners and dressing but inevitably also traditions, such as birthday and Christmas celebration. Without investigating we know that this type of behaviour was taught and found in many generations before us, and will be long after we die. The culture – the way we do things – is transgenerational – it continues beyond lifetimes (RosmanRubel 2001). Neither does culture stand still – it changes and develops over time (Ferraro, 1998). What is language? Language, or speech, is the primary human communication tool which conveys ideas, transfers messages and makes people interact. Apart from the verbal communication we find the other two – written and non-verbal (body language). Languages are made out of devises like grammar, syntax, phonemes and mordhenics (Ferraro, 1998). Language is also one of the things that differs us from animals (RosmanRubel 2001). Just the same way as we experience and practice culture, we do with language. The dictionary definition of the word is â€Å"1. the method of human communication, either spoken or written, consisting of the use of words in a structured way 2. †¦ used by a particular country or community† (Oxford Dictionaries Online, 2012). Here it is evident that language is, apart from being a body of words and systems and speech, tightly connected to a specific group of people and consequently a culture. How does language influence culture and vice versa? Based on the information above, we see a very clear pattern – the ways humans speak and behave are connected. Language is the tool through which cultural ideas can be conveyed, transmitted and kept, and â€Å"when a group begins to lose its language, its cultural tapestry begins to unravel† (RosmanRubel, 2001, pp. 41). Som examples of language and culture going hand in hand, can be found in my Ukrainian culture: In addition to your name, you also carry a middle name – a patronymic. According to Oxford Online Dictionary, it is â€Å"a name derived from the name of a father or ancestor, typically by the addition of a prefix or suffix†. For instance, my full name is Anastasia Oleksandrivna Semenova. My fathers name is Oleksandr and being a female, the ending is -ivna. Males’ endings are typically -ov or -ich. Culturally this links the father being highly honored in the typical Ukrainian family – he is the head of the house and the provider. The patronymic is kept for life. This is also essential when addressing to eachother. In everyday life people typically use the first name and the fathers name, if not being family or very close friends, e. g. Anastasia Oleksandrivna. When addressing someone formally, different types of ‘you’ is used – e. . a friend would be addressed as â€Å"ty† () but a teacher, a boss or, in a childs case, everyone that is older would be addressed as â€Å"vy† (). Showing respect this way is a strict rule, but is a habit since it is taught from infancy. Culturally, this links with the politeness taught from a very young age – to respect t he older, non-familiar and higher-educated people than you. Changing the â€Å"vy† to â€Å"ty† is a sign of entering into the friend circle. Conclusion The broad term culture includes behaviour, customs, traditions, cuisine, law and morals of a specific group of people. It is taught, transmitted, transgenerational and changed over time. Language is the primary tool of interaction and communication of man. It is shared by a community or a group of people and is tightly connected to the culture of the group – by language culture is taught and transmitted. The Ukrainian culture values and teaches respect when addressing one another. Two good examples are the use of patronymics as a middle name (links to high position of the father) and a formal and informal ‘you’ (links to respect toward older and unfamiliar people). Bibliographyreferences How to cite Ukrainian Language and Culture, Essays

Compromise These Data To Financial Gains â€Myassignmenthelp.Com

Question: Discuss About The Compromise These Data To Financial Gains? Answer: Introducation Ensuring confidentially, integrity and authenticity of the data is the main goal of any business organization. Organizations like banks hold vital data which consist of customer financial information, customer personal information, history of financial transaction and other organizational employee data. Cyber-attacks, frauds, and hacking are the major threats to this data and hackers put in continuous effort to compromise these data to get financial gains. Thus, the banks need to employ a strong technology based solutions in order to ensure the security and privacy of the data. In this report, a defense in depth security solution is recommended for the bank which provides the security in a layered manner making it more effective. The technology solution segments the banking network and makes use of devices like Unified Threat Management appliances, Fraud detection systems, Network Access control and Network analyzers to ensure that the banking network is safe and secure from these ki nds of attacks. Employing these technology solutions requires changes in the organizational process and thus requires changes in the organizational policy and employee training. This report explores all these aspects in more detail. Technology Solution An essential entity that keeps organizations like banks to be functional is its data. The banks hold huge data of customers which comprise of the financial information of customers, their personal details, their financial transactions, etc. it is thus necessary to ensure security, privacy, and confidentiality of this data. Since this data contains vital financial information it is under continuous threat coming from both internal as well as external sources. Some of them are the cyber based attacks, hacking of the data for carrying out frauds, ATM Skimming, phishing, spoofing, etc. Banks need to prepare themselves to counter such attacks and save themselves and their customers money from being dragged into miscreants accounts. The security solution recommended to the Common Wealth Bank thus is to apply the defense in depth approach to securing the data and the entire premises (Andress, 2014).The defense in depth strategy provides security solutions in a layered framework manner. If o ne layer of the defense is compromised then the other layers of defense hopefully prevent the full attack on the database. The main aspects to look upon are using the defense in depth security framework are the technology solutions, the people, and the operations. This section explains the main technology solution and their impacts on the security and privacy of the data of the bank. The network of the entire bank is to be segmented into various segments. The Web servers, the email servers, the data servers are more vulnerable to cyber-attacks and thus these servers must be on a private network with communication restricted to some internal as well as external hosts. This form of isolation is accomplished by creating a subnet known as Demilitarized Zone (Harkins, 2016). Thus, DMZ network and Private network are in isolation a firewall or an intrusion detection system can be placed before them to monitor the traffic. Such confinement by the DMZ prevents the network from email spoofing, phishing, flooding and denial of service attacks (Hanafizadeh, 2014). Instead of selecting firewall or an intrusion detection system before a DMZ it is recommended to make use of unified threat management system which is a standalone appliance which combines firewall, IDS/IPS, VPN, email and web filtering systems into one single device. Such UTM shall provide choke points for the traffic entering and exiting from the network and thus the traffic can be monitored for any kind of active attacks. The firewall shall provide the central security features and thus shall deny the communication of unauthorized traffic and applications. intrusion detection and prevention system shall help the firewall in detecting harmful network activity and shall trigger analarm for any in theappropriate signature of the traffic. Due to privatenetworking, the firewall shall be able to provide secure remote connections (Layton 2016). The applications of webfiltering shall protect the employee systems from browsing any malicious websites. The SMTP gateway shall act as aspam fil ter and shall help in filtering confidential information (Loader,2013). The SMTP relay server shall provide security to the internal email server of the bank and thus monitor the email traffic. Together the entire UTM along with the DMZ shall preventattacks like Phishing, IP spoofing, unauthorized access, recognizance attacks etc (Fonchamnyo, 2013). Next, the Bank should make use of Network Access Control solutions and Fraud detection solutions (Merkow et al, 2014). The Network Access Control solutions shall permit the access to the network based on the security status of the hosts and the authorization of the accounts. After running the system patch for antivirus, for theoperating system, for anti-malware and firewall a status of the host is determined and access is given to the network on the basis of the status of the hosts. This secures the network from unauthorized and unsecuredhosts access. Along with fraud detection mechanism, the entire banking network can be protected from fraud and unauthorized access (Rushanan,2014). The communication paths must be disconnected in automated ways after a definite period so as to avoid the risk of accessing these pathways for remote access. These must be disconnected manually if not done automatically (Mettouris, 2015). For online banking and for the ATM the bank should employee two two-factor authentications like the token based user authentication or OTP based authentication to strengthen the authentication process of the end users while communicating and make use of the procedure of using anextraordinary mix for the username and passwords. The session for the transaction should expire if no activity is done in the given duration. The SSL 3.0, RC4 with 128-bit encryption (high) along with RSA with a1024-bit trade to guarantee information shall reduce the risk of online based frauds (McHugh et al, 2000). Finally, the Bank should make use of Network analyzer or monitors that regularly monitors the entire network of the bank and generates the health status of the network, the activities for a given period and the traffic pattern report etc. These insights provide details on the activities of the user and help the network administrator to analyze the network pattern and any suspicious activities (Cavusogluet al, 2009). Along with this above technical solution, the internal premises of the bank, the banking outlets, and the ATM outlets should be supported with security features like infrastructure, camera, security guards etc. This shall provide physical security to the entire banking network. Finally, the other two aspects of the defense and depth strategy are the people and the operations. The people include the customers and the employees. They must be trained regarding various kinds of threats and the safeguard mechanism they can employ to prevent frauds. The operations are discussed in next section. Thus, the defense in depth strategy where the network is segmented is the recommended solution for the bank. Organizational Change The new technology solution makes use of segmentation of the entire network and devices like Network access control, new authentication mechanism, fraud detection system, network analyzer etc. This new network solution brings in changes in the traditional form of organizational process. The biggest change comes is in the form of changes in the security governance policy. The organization needs to adopt a strong security policy framework based on the defense in depth strategy framework. This security policy framework shall act as the guideline for the implementation of the defense in depth strategy. This security policy framework shall contain the activities to be done for risk management, for fraud management, for disaster management, for data recovery, for data loss prevention mechanisms, for actions to be performed if there is any kind of cyber-attack or any other attack. Thus, a new set of security policy framework shall be formulated and should be incorporated in the organization (Knapp, 2014). The new technology solution is making use of network segmentation and two-way authentication mechanism for the authorized users. The network segmentation shall result in the formulation of hierarchical based user access, and along with the network control access only authorized users shall be gaining access to the network. The organization needs to provide a list of organizational hierarchy in order to prevent access of the internal users on the data not authorized to them. For example, a help desk agent should not have access to the data of the ATM pin database. This may create a risk of internal theft of the data. Thus, the organizationalhierarchy of the users is to be formulated and authentication mechanism for the users must be done based on the hierarchy. Thus, there is a need to train the employees on how to make use of new authentication mechanism so that they may carry out the banking services properly (D'Arcy, 2014). The segmentation of the network shall result in the physical positional changes of some of the devices like aserver, some departments etc. so that the entire network can be segmented properly in a secured manner. The implementation of the new technology solution shall require the company to employ some specialized employees like a network administrator, a trouble shooter and network security manager. The audit team traditional process shall change and thus their process should become more elaborate one. The audit team needs to make aregular audit of the new devices incorporated in the organization. They should monitor the network reports generated by the network analyzer system and should make audit assessments for devices like the firewalls, the intrusion detection system, SMTP relay server, SMTP gateway, new authentication mechanism etc. along with the traditional auditing of the network. Thus, the audit team check-list must be changed and the audit team should be trained if needed to how to make anaudit of these devices and their users. The employees get an additional duty to train their customers on various security aspects like the new authentication mechanism, ATM skimming risks, the new communication numbers for reporting ATM loss, etc. along with it the entire end users must be made aware of the ongoing phishing attacks, social engineering attacks, spam based attacks and must be provided the training to make use of practices that avoid such kinds of attacks. These practices shall avoid the organization to become the victim of the reconnaissance attack (Gallieret al, 2014). Finally, the organization should employ a security framework as per the information security triad supporting the confidentially, integrity and authenticity of the database. The above technology solution supports this framework and thus must be implemented properly after a proper planning so that the implementation is effective and secures the entire network properly. Every change in the organization process is subjected to have employee resistance. Thus, the organization leaders need to make their employees understand the need of this change by giving information like the goal of this change the advantages due to this change. Thus, the leaders need to come up with a proper change management plan so that the recommended solution is implemented. Moreover for the time period of the implementation it is quite possible that the banking services shall be disrupted. Thus, the bank should provide proper and prior information to its customer regarding such upgrading and no availability of th e services. Conclusion The bank needs to adapt the information security triad of providing confidentiality, integrity, and authenticity of the data in order to secure the entire banking operations and services. Since this data contains vital financial information it is under continuous threat coming from both internal as well as external sources. Some of them are the cyber based attacks, hacking of the data for carrying out frauds, ATM Skimming, phishing, spoofing, etc. Banks need to prepare themselves to counter such attacks and save themselves and their customers money from being dragged into miscreants accounts. The security solution recommended to the Common Wealth Bank thus is to apply the defense in depth approach to securing the data and the entire premises. The defense in depth strategy provides security solutions in a layered framework manner. References Andress, J. (2014).The basics of information security: understanding the fundamentals of InfoSec in theory and practice. Syngress. Cavusoglu, H., Raghunathan, S., Cavusoglu, H. (2009). Configuration of and interaction between information security technologies: The case of firewalls and intrusion detection systems.Information Systems Research,20(2), 198-217. D'Arcy, J., Herath, T., Shoss, M. K. (2014). Understanding employee responses to stressful information security requirements: a coping perspective.Journal of Management Information Systems,31(2), 285-318. Fonchamnyo, D. C. (2013). Customers perception of E-banking adoption in Cameroon: An empirical assessment of an extended TAM.International Journal of Economics and Finance,5(1), 166-176. Galliers, R. D., Leidner, D. E. (Eds.). (2014).Strategic information management: challenges and strategies in managing information systems. Routledge. Hanafizadeh, P., Keating, B. W., Khedmatgozar, H. R. (2014). A systematic review of Internet banking adoption.Telematics and informatics,31(3), 492-510. Harkins, M. W. (2016). Introduction. InManaging Risk and Information Security(pp. 1-16). Apress, Berkeley, CA. Knapp, E. D., Langill, J. T. (2014).Industrial Network Security: Securing critical infrastructure networks for smart grid, SCADA, and other Industrial Control Systems. Syngress. Layton, T. P. (2016).Information Security: Design, implementation, measurement, and compliance. CRC Press. Loader, B. D., Thomas, D. (Eds.). (2013).Cybercrime: Security and surveillance in the information age. Routledge. McHugh, J., Christie, A., Allen, J. (2000). Defending yourself: The role of intrusion detection systems.IEEE software,17(5), 42-51. Merkow, M. S., Breithaupt, J. (2014).Information security: Principles and practices. Pearson Education. Mettouris, C., Maratou, V., Vuckovic, D., Papadopoulos, G. A., Xenos, M. (2015). Information Security Awareness through a Virtual World: An end-user requirements analysis. InProc. 5th International Conference on Information Society and TechnologyICIST(pp. 273-278). Rushanan, M., Rubin, A. D., Kune, D. F., Swanson, C. M. (2014). SoK: Security and privacy in implantable medical devices and body area networks. InSecurity and Privacy (SP), 2014 IEEE Symposium on(pp. 524-539). IEEE.