During an audit of Chien Products, you note that all new accounting employees are set up with a temporary password of "abc123". You also noted that employees are not required to change their passwords when they first set up their accounts, nor is there a requirement to change passwords regularly. Write a paragraph describing the implications of these IT risks.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle
Section: Chapter Questions
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During an audit of Chien Products, you note that all new accounting employees are set up with a temporary password of "abc123". You
also noted that employees are not required to change their passwords when they first set up their accounts, nor is there a requirement
to change passwords regularly. Write a paragraph describing the implications of these IT risks.
Transcribed Image Text:During an audit of Chien Products, you note that all new accounting employees are set up with a temporary password of "abc123". You also noted that employees are not required to change their passwords when they first set up their accounts, nor is there a requirement to change passwords regularly. Write a paragraph describing the implications of these IT risks.
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