Risk and Threat Report.doc BSA/ 520 Gail Risk and Threat Assessment Report BSA/ 520 In

Risk and Threat Report.doc  BSA/ 520  Gail Risk and Threat Assessment Report  BSA/ 520  Introduction  Smallville (SCOPE) provides collection processing services for the city. The organization collects tax payments, licensing fees, parking tickets, and court notices. Payments are collected via the mail, online payment website, and IVR (Interactive Voice Response) System. Payments come in the form of checks, credit cards, and debit cards. Once invoices are processed SCOPE, then deposits the payments into the city of Smallville's bank account.  Due to the nature of SCOPE's business and future expansion, there is considerable concern regarding the possibility of risks associated with Smallville client's online transaction activities. Protecting SCOPE's assets demands an accurate understanding of the risks the organization faces.  Online Transaction Risks and Threats  Online transactions consist of transferring funds (money) through the internet (online)  over electronic fund transfer.  Gail Industries is aware that technological advancement that enables online transactions are a treasure trove for cybercriminals. Therefore, SCOPE must be mindful of the significant security risks and threats that advancement attracts. Due to the nature of the organization, there must be a focus on all internet related transactions associated with external users.  Transactions attacks consist of:  Online Security Attacks: Online transaction brings a wide range of security threats.  Threats such as malware, phishing, hackin