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In: Accounting

Many firms are relying on cloud computing, also known as “the cloud,” to perform key business...

Many firms are relying on cloud computing, also known as “the cloud,” to perform key business functions. By moving transactional processing to the cloud, firms are exposing themselves to additional attacks as well as to tighter scrutiny from regulators and stakeholders. From the e-Activity, assume that you are the CFO of Amazon.com. Create an argument indicating how your firm will be able to balance the needs of security with the desire of being a dominant player in the global market. As the CFO, describe your top-three fears in competing in the global market, and how you plan to overcome those fears. Provide support for your rationale support your research with reliable sources

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Expert Solution

SOLUTION:

Fears in competitng in the global market:

  1. Not getting paid: A seller send a product shipment to a customer in a foreign land and the buyer scams them out of payment.
  2. Language Barrier: If you enjoy a diverse workplace, some of your employees might speak a foreign language and you could tap their skill. If not there are many translators available and seeking work who can help break down language barrier.
  3. Knowing where to start: The world is a big place, and t's easy to get overwhelmed by all the option for foreign sale oppurtunities.
  4. Understanding Rules and regulation: You must meet specific requirements to bring goods into any country, but you don't need to master all of the fine print to start exporting.
  5. Looming Logistics: Once you've got the what, where and who of exporting figured out,it's common to worry about how to get your goods overseas.

Global Securities Issues are as follows:

  • Terrorism
  • violence
  • conflict
  • Mobile malware
  • ransomware
  • Hacktivist
  • Dronejacking

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