Steps To Effectively Respond To A Security Incident And...

Steps to Effectively Respond to a Security Incident and Threats on a Wireless Network Incident response is usually one of those security areas that tend to be impromptuÂâ€"companies dont think about it until they have to. But that needs to change. In this paper I will discuss five steps - identification, containment, eradication, and recovery and follow up a business use to effectively response to a security threat and I will suggest four actions -use encryption and passwords, e-mail protection, install antivirus software, install workstation firewalls a businesses can take to effectively prevent a security incident in the future. Businesses today must manage growing risks to their mission critical networks from attacks such as†¦show more content†¦Once youve completed the analysis and determined the information is credible and includes the potential for harm, classify the event as an incidentÂâ€"any adverse event that compromises some aspect of computer or network security. Containment After youve identified a security incident, the next step is to contain the damage and prevent harm from spreading further throughout the networkÂâ€"or even harming networks outside your security boundary. The most immediate means of containment is either to disconnect the infected machine and isolate it from the network or to stop the service thats causing the incident. Make sure youve documented who has the authority to disconnect systems and possibly disrupt business needs. This need to be in writing, and the designated authority should be available 24/7. Eradicate After youve taken steps to contain the incident and its effects, eradication is the next step. Your security technicians goal is to permanently remove any evidence of the incident from the network. This could involve removing hard drives and creating a chain of custody for that data for law enforcement involvement. Or it could mean reformatting those hard drives and restoring the systems to operations. The important thing is to decide how to remove the damage from yourShow MoreRelatedA Security Expert For A Large Insurance Company1423 Words   |  6 Pagesconfidentiality, privacy, threats and increased use of information system have prompted organizations to start protecting their systems to ensure electronic, physical and network information security. To ensure information security for this organization, a review of the company’s network, information systems and security policies must be conducted. In this report, I will be a security expert for a large insurance company. 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Although disabling ICMP can remove valuable troubleshooting tools, it can effectively remove the possibility of DoS attacks. Also, any firewall or secur ity software should

Love in the Western World Free Essays

This paper will trace in general the different views on love as expressed by the different speakers in Plato’s Symposium and explore in detail the theories of Eros, Philia, Storge and Agape and the bearing it has on the notions of erotic love, filial love, sacrificial love and spiritual love. Another area that will be drawn into focus is the theory of â€Å"platonic love† based on Plato’s hypothesis. The context of the symposium is a get-together of the students of Socrates who get to talking and decide to take turns and speak in praise of Eros, the God of Love. We will write a custom essay sample on Love in the Western World or any similar topic only for you Order Now Of the speakers Phaedrus speaks first and talks about the virtuosity Eros promotes in those who experience love. He talks about the awareness that true love can inspire in humans so that man becomes conscious of the noble qualities of honor, loyalty, courage and fidelity. Pausanius is the next to speak and dwells on the different kinds of love, from the common banal love to the higher, spiritual kind of love. The earthy love is not as noble as the intellectual love which is more faithful and elevates the mind and is completely devoid of desire. According to him the pursuit of higher knowledge and wisdom is the more honorable and the wantonness of physical love is shameful. Eryximachus talks about the concept of good love that helps man to be judicious and methodical. Eryximachus is a doctor and philosopher and talks about love beyond relationships, about intellectualism, the love of ideas, concepts and the fine arts like music. He speaks of the advantages love brings to humans, the most important being the ability to discern between honor and dishonor. He believes that there are opposing kinds of loves in every living being including animals and plants. However, true love is achieved through a synthesis of these opposing elements and that it can be the fountain and source of power, friendship and happiness (Plato’s Symposium). Aristophanes, the jester and humorist came up with the concept of love as man in search of his soul mate and partner in order to feel one complete whole. He talks about man being split into half by Zeus for threatening to over run the Gods. Later Zeus modified his terrible act and allowed the two halves to marry as man and woman. It is said that ever since the two halves have been in search of the other. Socrates himself speaks last of all and talks of love as being the human desire for knowledge, wisdom and beauty. Love is the desire for what is beautiful and may not necessarily mean beauty in itself. According to Socrates love is the mere interface between what he desires and the object of his desire. When man has achieved real love he will be able to create beauty, conceptualize perfection and become wise and virtuous. In Greek mythology Eros is one of the three oldest Gods along with Cronos and Chaos and stands for love. The word ‘erotic’ is derived from the God of love, Eros, who encourages and endorses all those who seek him to perform acts of virtue and merit. As has been mentioned before, all those present at the party or symposium have laid down their postulates and have spoken about different kinds of love and what it does for man. To further explore the concept of the various kinds of love let us consider the broad definition of these categories: Agape, Storge, Philia and Eros. Agape stands for spiritual love, the kind of love God has for his creatures and the love man strives to return. This kind of love transcends physical boundaries and is a higher form of love which finds fulfillment in just being there. It kindles spirituality and is perfection itself. Nothing can tarnish this kind of love and to most mortals seems almost impossible to attain. We can find examples of this kind of love in Christianity. In literature, I have found this kind of love being depicted in certain kinds of love lyrics that belong to the Renaissance age. In Petrarch’s poetry for instance, the poet’s object of desire, the enigmatic Laura, is continually shown as someone unreachable. Laura’s eyes are compared to stars; her face is often described as being so radiant as to make looking at her impossible. This imagery often ties up with how the apprehension of God is described in Christianity. Here, the conflict between Eros and Agape is continually present. The poet often feels helplessly tied between the demands of the earthier, physical Eros and the spiritual, the allegedly purer kind of Agape (Houston). Storge is synonymous with love that engenders sacrifice and purity. This is the kind of love parents feel for their children. This kind of love does not wait for reciprocity to grow and is there notwithstanding. The story of Abraham and Isaac is an interesting biblical instance of these two kinds of love where Storge is compelled to be sacrificed for the greater Agape. In order to prove the full extent of his Agape, his total devotion to God, Abraham is asked to sacrifice the thing he loves most. This happens to be Abraham’s son Isaac, the person for who he feels the greatest Storge. In the biblical context, Agape is undeniably higher than Storge. Abraham is therefore first made to prove the full extent of his Agape before God relents and lets him keep the object of his Storge. Other instances of pronounced Storge in literature include the love Cordelia feels for her father, King Lear in Shakespeare’s play. In this case however the Storge is made to complete its sacrifice in a sense because both the king’s beloved daughter and the king himself die in the end. Philia, or brotherly love, exists between friends, brothers and neighbors. This kind of love helps people to bond closely without being passionate or amorous. This kind of love prompts the feeling of camaraderie and brotherhood. A good example at hand would be the kind of love soldiers have amongst each other, where they bond intimately and share their joys and sorrows together without a hint of any physical attraction or manifestations. In Greek history, I have noticed the love depicted in the story of Damon and Pythias to be of this form. In the legend Damon and Pythias both survive Dionysus’ wrath because of their intense love for each other. But in another tale from the bible, the ending is not nearly as fortunate. Cain and Abel, sons of Adam and Eve, at first loved each other in the truest sense of Philia. However, with the preference God showed for Abel’s sacrifice of animals over Cain’s agricultural offerings, Cain’s love turns to intense jealousy and he ends up killing Abel. This is possibly the best known example of Philia getting overturned. Eros is passionate love, which can in most cases be closely linked to physical attraction and sexual love. Eros is often closely associated with the animal kingdom and therefore classically considered to be a lower form. Eros can often contend with Agape as we have seen earlier. And a popular example of this is in Shakespeare’s Romeo and Juliet. The love that the two young nobles feel for each other is no doubt arising from a certain attraction, or Eros. And yet the manner in which they express their love for each other in a language that is similar to that of Agape. Romeo and Juliet address each other in abject terms, making it a love not of equals but of one subservient to the other. This of course is one of the most common features of Agape. Although classically Eros is considered to be a lower form than Agape, as we have seen discussed in the Symposium, I personally feel this is not entirely fair. It is true that people often consider it nobler to love a person without wanting to possess him or her in a physical or earthly way. By implication this means that a person loves someone for more than their physicality, that is to say a love founded on something deeper than superficial beauty. This is true in theory, but not always in practice. We often find that the Agape is more often than not directed towards someone of higher social standing, or towards a woman who is unreachable, like a noblewoman or even the queen. This amounts to nothing short of sycophancy sometimes. Is it then less hypocritical than loving someone for their appearance? Eros is also equated with the animal kingdom and is therefore considered â€Å"lower. † But why should something, that takes place in the natural world, be considered lower? If animals love each other erotically, does it not make it a more natural, or even a â€Å"higher† love? After all this kind of love is based on the truth of the body’s responses to the beloved; if someone is beautiful and attractive physically, why should it be wrong to feel attraction or love for this person? Even if it is based only on appearances, Eros is more genuine. There is no verbal intrusion that allows lovers to lie to each other or praise each other in hollow terms. Philia too I think is often under-rated in the present generation. Friends can often feel a lot of love between them without it being the Erotic or even the Agape type of love. We have been brainwashed by popular movies and books into always expecting friendships to turn into love as that fits in with the perfect happy ending of the plot. But why should this be? Why is simple, platonic love that expects nothing physical or romantic in return be less of a love than any other kind? After all, is it not nobler for two friends to love each other in spite of the fact that they have nothing physical or romantic to gain from each other? Storge also is often under-appreciated in popular culture. Love that exists within families has become such a rare instance in the days of divorce and estrangement that perhaps more of art needs to depict it now, more than ever. People seem to forget that our families are what we are born into. We carry our parents’ genes and share them with our siblings and nothing or no one else can ever change that. It is true that we are often unfortunate in this regard and there are many children brought into this world in an unloving family, but even so the love that exists between members of the family is something that precedes life itself. Just to think about what a pregnant mother endures for nine months and so many years following the birth, is enough to prove the argument. In conclusion, I think it is fruitless to spend hours debating on which form of love is higher than the others because each kind of love, whether borne out of devotion, lust, filial ties or friendship, is a distinct kind of love. A sort of love that is unique to itself and therefore deserving of special attention. Instead of trying to compare them it is perhaps best to be grateful to know that they all exist. How to cite Love in the Western World, Papers

Impairment test under AASB 136

Questions: 1.The purpose of the impairment test? 2. How the existence of goodwill will affect the impairment test? 3. The basic steps to be followed in applying the impairment test? 4. Crossbow Ltd is an entity that specialises in the manufacture of leather footwear for women. It has aggressively undertaken a strategy of buying out other companies that had competing products. These companies were liquidated and the assets and liabilities brought into Crossbow Ltd? Answers: Introduction Impairment test under AASB 136 on the assets of The Longreach group Ltd could be explained as a way of finding the true value of assets. AASB 136 has been amended and converted into IAS 136. The Longreach group Ltd is private equity firm which is mainly engaged in investment services on the behalf of clients in several mutual funds. Impairment test is very important in order to provide true and fair value of assets in financial statement. As per various rules and regulation many entities have been using impairment test, models, assumption to evaluate all the assets. IAS 136 provides all the basic steps which should be followed by The Longreach group Ltd for implementing impairment test. 1. Purpose of impairment test IAS 136 provides all the steps for impairment of assets. It seeks to ensure that companys assets are not booked at or not shown at the higher value than its recoverable amount in its balance sheet. An impairment test is newly adopted mechanism started in Australia to measure the right value of assets. This test is implemented at the time whenever it is required except in case of goodwill and other intangible assets for which yearly impairment test is implemented by entities. The mainly purpose of impairment test is to identify or assess whether assets shown in financial statement may be impaired throughout the time. Impairment test helps entity to depict the true and fair value of its organization to its stakeholders (Finch, 2009). 2. Impact on the impairment test with the existence of goodwill Goodwill impairment is related with charge that companies record when goodwills carrying value on the balance sheet exceeds its fair value. The Longreach group Ltd has to run its impairment test on its goodwill on annual basis (Godfrey, et., al., 2009). The main impact on the impairment test with the existence of goodwill would be that company has to run its impairment test on annual basis. However, in case if company acquire other company and it results into lower down of cash generating units from the combined business functioning. Then in this case company should decrease its fair value of amount which was paid at the time of acquisition of Target Company. Testing of goodwill for impairment Testing of goodwill for impairment is related with allocation of cash generating units. If Goodwill has been distributing for CGU then goodwill associated with the operation shall be included in the carrying amount (Determined amount) of cash generating unit when deciding loss and gain on disposal. Goodwill in business has direct effect on impairment test on CGU (cash generating units) to which goodwill has been allocated. Ideally goodwill should be allocated to CGU that take benefits form the synergy of combination of two different units. If the recoverable amount of unit is more than booked amount of units (to which goodwill has been allocated) then it would be said not impaired assets. But in case if carrying amount exceeds the recoverable amount of unit then entity would be recognized impairment loss. Impairment test on goodwill allocated to particular year. For impairment test, acquired goodwill in business will affect the impairment test on CGU (group of assets that generate cash inflow). Goodwill must be allocated to CGU that are expected to take benefits from the synergy of combination of two businesses. In this case AIT for the CGU in which Goodwill was allocated must be performed during the reporting period. In addition, individual test would also be done to identity the true value of all assets of The Longreach group Ltd. (Hart, et., al., 2008). Impairment test of goodwill of The Longreach group Ltd is dependent upon the recoverable amount of either entity value or equity value. In case of recoverable amount computed as per entity value then results drawn in impairment test should be compared with invested capital. But in case of equity value amount of recoverable value would be based on the shareholders of equity. After analyzing this fact it would be computed that if recoverable amount based on entity value is less than investment amount of The Longreach group Ltd then it will result into reduction of goodwill amount to difference amount. But at the same time carrying amount would not be decreased from its fair value of cost of capital (Sorros, et., al., 2015). 3. Basis steps in impairment test Impairment test is concerned with computation of carried value, recoverable amount and identification of cash generating units in particular time periods. Prescribe procedure and other basic steps have been given under IAS 136. The Longreach group Ltd has to determine the recoverable value and carried value of all the assets shown in balance sheet to identify whether value of assets have been impaired or not. If recoverable value of assets is less than its carried value then it impairment of assets would be made. However, in case of goodwill impairment test would be made on annually basis. For the impairment test Longreach group Ltd would indulge in recoverable test for identifying the true values of items shown in balance sheet. Impairment test would be evaluated with the undisclosed Cash inflow of CGU and then it would be compared with their carrying amount. If cash inflow of CGU is less than amount of asset shown in financial statement then it would be determine that assets of the company is not recorded at its true value and impairment test would be indulge. There are following basic steps which are shown in the diagram shown below. 4. Computation of the Impairment Loss A. Carrying amount of cash generating unit including goodwill Amount ($) Land 200,000.00 Inventory 180,000.00 Brand 'Crossbow Shoes' 160,000.00 Shoe Factory 700,000.00 Machinery for manufacturing shoes 400,000.00 Goodwill on acquisition of competing 40,000.00 Total 1,680,000.00 B. Recoverable amount 1,420,000.00 C. Impairment Loss (A-B) 260,000.00 Journal Entry to Record Impairment Loss S. No. Account Titles Debit Credit 1 Impairment Loss 260,000.00 Goodwill (Note-1) 40,000.00 Land 26,829.27 Inventory Product ($260000-40000)/($168000-40000)*$180000 24,146.34 Brand Crossbow Shoes ($260000-40000)/($168000-40000)*$160000 21,463.41 Shoe Factory ($260000-40000)/($168000-40000)*$700000 93,902.44 Machinery ($260000-40000)/($168000-40000)*$400000 53,658.54 (Being impairment loss recognized) 2 Profit and Loss 260,000.00 Impairment Loss 260,000.00 (Being impairment loss charged to profit and loss account) Note-1 Goodwill amount will be deducted first then remaining amount will be used on prorate basis to allocate the rest balance (Li, et., al., 2011). Conclusion and recommendation In this essay impairment test on the assets shown in the financial statement of The Longreach group Ltd has been taken into consideration. This test has provided a good understanding regarding how to evaluate true and fair value of assets shown in financial statement of organization. In addition, it is also observed that impairment test is very important for evaluating the true value of intangible and intangible assets of company. Now in the end it would be said that impairment test should be undertaken with clear understanding of procedure given in IAS 136 by The Longreach group Ltd for identifying the true and fair view of its assets. References Detzen, D., Stork genannt Wersborg, T. Zlch, H. 2016, "Impairment of Goodwill and Deferred Taxes Under IFRS",Australian Accounting Review,vol. 26, no. 3, pp. 301-311 Godfrey, J.M. Koh, P. 2009, "Goodwill impairment as a reflection of investment opportunities",Accounting and Finance,vol. 49, no. 1, pp. 117-140. Li, Z., Shroff, P.K., Venkataraman, R. Zhang, I.X. 2011, "Causes and consequences of goodwill impairment losses",Review of Accounting Studies,vol. 16, no. 4, pp. 745-778 PETERSEN, C. PLENBORG, T. 2010, "How Do Firms Implement Impairment Tests of Goodwill?",Abacus,vol. 46, no. 4, pp. 419-446. Sorros, J., Belesis, N. Karagiorgos, A. 2015, "The Reliability of Impairment Tests: The Case of Vessels",Procedia Economics and Finance,vol. 32, pp. 1787-1793. Finch, N. 2009, "The CEO's impairment test",Critical Perspectives on Accounting,vol. 20, no. 7, pp. 872-872.

Luxembourg Essays - National Symbols Of Luxembourg, Luxembourg City

Luxembourg Location Luxembourg is located in Europe and is bordered by Belgium, Germany and France. On a map, it is located at 50 N latitude and 6 E longitude. Luxembourg is very small. It is only 998 square miles, which is roughly the size of Orange County, California. All the country is inhabited, with most people living in the southern part. The Flag The flag of Luxembourg was adopted in 1845. The colors come from the Coat of Arms of Luxembourg and are red, white and blue. The flag is simply three horizontal stripes from top to bottom. The Land and People Luxembourg has two distinct regions. The Ardennes, or northern region, is mountainous. The Bon Pays, or southern region, is mostly fertile farmland. The climate is cool and moist, with snow in the mountains. There are rich deposits of iron ore creating many jobs in the steel industry. There is also fertile farmland to the south, also creating many jobs in farming. The people of Luxembourg have no native costume. They borrow much of their cultur e from Belgium, Germany, and France. Today, modern Luxembourgers dress like other Europeans. The people of Luxembourg like to eat smoked pork and beans, and sometimes saurkraut. Smoked ham is available all year round, and pastries are a Luxembourg favorite. Some of these pastries include rolls, muffins, cupcakes, and a special dry cake translated "Random Thoughts". Luxembourg makes beer and wine which is sold there and in other nearby countries. The buildings in Luxembourg vary from place to place. Some villages have charming old houses hundreds of years old, though in the cities there are many modern apartment and office buildings. For recreation, a Luxembourger might ride a bike, or hike in the countryside. A favorite sport of the people is volleyball. For transportaion they have railroads and highways for cars and buses. There are bike trails and hiking paths as well. Luxembourg doesn't have a culture all its own, because it ties in with its neighboring countries, Belgium, German y, and France. The natural resources of Luxembourg are: iron ore, which is processed into steel, farm products such as wheat, corn and livestock, and grapes which are grown for winemaking. Technology The main industries of Luxembourg are steel and winemaking. Farming is also an important industry, especially with such crops as corn, wheat and livestock. The steel is exported and crops are exported, as well as used in Luxembourg. Also the wine made in Luxembourg is exported and sold there. Culture There is a lot of culture in Luxembourg. There are many art galleries featuring work from the expressionist painter, Joseph Kutter, and also that of Edward Steichen, a well known photographer. Both of these artists are from Luxembourg. The cathedrals are examples of some of the beautiful architecture found in Luxembourg. In the villages, there are buildings dating back to the 1100's, 1300's, 1700's, as well as the early 1900's. A trip through the villages is like taking a trip through time because of these old homes that are still lived in. As far as music, every village, suburb and town has at least a band, orchestra or choral group. Luxembourgers love parades, and have them often. Every parade has at least half a dozen bands. Their enjoyment of music is so great, that at the end of every summer, Luxembourg has a music competition that involves the whole country. Government The government of Luxembourg is a constitutional monarchy. The grand duke or duchess serves as monarch and chief executive. The monarchy is a hereditary office, and the sixty-four member parliament, called the Chamber of Deputies, makes the laws. The monarch appoints the prime minister and all of the ten Cabinet ministers to carry out government operations. The twenty-one member advisory body, or the Council of State, are appointed for life. The local government is carried out by dividing Luxembourg into districts, which are headed by the commissioner. The districts are divided into cantons, and these are divided into communes, which are headed by elected officials. The monarch presently in charge is Grand Duke Jean, who has been in power since 1964. Jacques Santer has been the Premier of Luxembourg since 1984. The monarch's term