Mobile-commerce has become more and more popular over the years. Discuss the new security threats this type of technology presents. Discuss what are the potential for cybercrime in future.

Please complete this disussion post
Mobile-commerce has become more and more popular over the years. Discuss the new security threats this type of technology presents. Discuss what are the potential for cybercrime in future.

What precautions would you suggest users should take?

Please do a breif reply to the following discussion posts
discussion 1
As technology grows and improves, it comes with the downsides, cybercrimes. Ever since COVID-19 hit and everyone as on lockdown in their own homes, bringing their work with them. According to the article, it stated that the biggest cyber trend has shifted toward to working at home in 2020-2021 when everyone was working from home. Usually on company grounds, there is security on their laptops and computers that prevents cyber hacks but now they’re at home which increases risks of being hacked (What is the future of cyber security). Also, with the extra time on hand when being confined to their homes, people pick up hobbies and skills and unfortunately, bad guys to improve or pick up hacking skills.

The potential for cybercrimes are very high. There is high risk victims that requires some sectors to be more protected. Those type of victims are hospitals, critical infrastructure, transportation, and education infrastructures (What are the biggest cyber threats of the future).

There are precautious that you can take to prevent yourself from being cyber attacked (Top 10 cyber crime prevention tips):

Use strong passwords
Secure your computers: Use firewall
Block spyware attacks: use anti-spyware software
Be social-media savvy: check security settings
Secure mobile devices: download applications from trusted sources and keep your devices updated
Protect your data: do regular back-ups of important data
Secure your WIFI: Use password protected
Protect your e-identity: Don’t share your personal identity and information online
Avoid being scammed
Call the right person for help

discussion 2
Though we can always access our cell phones, how many of us are aware of the risks they pose? Security risks for mobile devices are growing: Mobile devices are now on the scene of more than 60% of digital fraud, such as password theft and phishing scams. When utilizing our phones for essential functions like banking, security is even more important. The more you depend on your device for daily tasks, the more it will hurt you if it is hacked. Fortunately, by being informed and using caution, you may still use your phone safely. Identity theft reports have rapidly increased over the past few years, with millions of cases having been uncovered since March 2020 alone. Recently, thieves have used stolen identities to open new mobile phone accounts or have taken over an active account to upgrade phones or add phone lines. The victims may get sizable invoices from their carriers or charges from other carriers’ accounts that identity thieves secretly opened. Work with your carrier to create a password or personal identification number PIN that will be required to access your mobile phone account in order to make any future changes in order to secure it.

To protect yourself from identity theft, there are precautions you may take. Do not include your phone number in your public profile on social media. Always be discrete when discussing cryptocurrencies on social media. One of the most sought-after types of currency in this type of crime is cryptocurrency. Examine your phone, bank, and credit card statements. Report anything that doesn’t add up right away. Do not use the same usernames and passwords across many websites, as phone hackers may try to access your other accounts. Make sure your passwords are lengthy, complex, and challenging to hack.

Discussion 3
There are two general types of items to consider in a sales forecast, internal and external. Internally, I would say capacity and price are the most important. While I would also say the state of the economy and sales level of competitors is the best externally.

Now when it comes to variance between company and industry it is like comparing two different products. A company may some internal similarities between them, but no company is exactly alike. So the sales forecast of one company is not applicable to another. A similar situation lies between two different industries and the external factors of a sales forecast. The economic conditions, and other such factors, for one industry may not be applicable for another.

However, the most important factor, for a loan officer, to look for in a sales forecast is the economic conditions. This is because elements in the economy are always changing. What may be good in one season may not be so well off in the next. So a regular update on these conditions is needed to verify what loans, as well as the levels and rates of these loans, should and should not be approved.

Discussion 4
Hello class,

There are many items to consider when conducting a sales forecast, such as tracking your businesses data, determining your sales cycle, choosing a forecasting method, using a formula to calculate, etc. The most vital item to me is choosing a forecasting method. I say this because the type of forecasting method you decide on is vital to a successful sales forecast. There are a variety of methods available that are meant for certain type of sales forecasts. What can make or break your sales forecast is the method that you choose for it because the different methods used ae not meant to be fit for every sales forecast. Examples of different methods include: Intuitive Forecasting, the Bottom-Up Approach, Historical Forecasting, New Business Approach, etc. Based on what you are trying to pitch, it is important that you implement the method that best fits.

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