Even if controls are strong a determined person may be able to defeat them. Causes of Carelessness and Incompetence Losses due to carelessness and incompetence may exceed those resulting from computer crime. In the closing minutes of trading the Dow Jones Industrial Average dropped nearly 12 points. This was a misguided missile. These losses could be largely prevented through controls.
Controls are similar to other accounting and data processing controls.
Control will not be established unless management is sensitive to carelessness and incompetence. Physical and Logical Access Security Physical access involves measures such as isolating the computer. Even if physical access security exists,logical access security must be considered and designed separately Logical access involves measures such as passwords for authorized users and encryption of sensitive data Human-Resources Management Employees should be qualified to carry out their duties. It takes management attention to make this happen. Insurance does not prevent crime.