This document contains a 6 question preliminary weekly quiz covering social and professional issues. The questions address the importance of codes of ethics in businesses, the goals and purposes of encryption, and real-life applications of encryption such as the Sarbanes-Oxley Act, digital signatures, and electronic money schemes.
This document contains a 6 question preliminary weekly quiz covering social and professional issues. The questions address the importance of codes of ethics in businesses, the goals and purposes of encryption, and real-life applications of encryption such as the Sarbanes-Oxley Act, digital signatures, and electronic money schemes.
This document contains a 6 question preliminary weekly quiz covering social and professional issues. The questions address the importance of codes of ethics in businesses, the goals and purposes of encryption, and real-life applications of encryption such as the Sarbanes-Oxley Act, digital signatures, and electronic money schemes.
1. Why is CODE of ETHICS important in Businesses/Organization?
- A code encourages discussions of ethics and compliance, empowering employees to handle ethical dilemmas they encounter in everyday work. It can also serve as a valuable reference, helping employees locate relevant documents, services and other resources related to ethics within the organization
2. What is Sarbanes–Oxley Act of 2002?
- The Sarbanes-Oxley Act of 2002 is a federal law that established sweeping auditing and financial regulations for public companies. Lawmakers created the legislation to help protect shareholders, employees and the public from accounting errors and fraudulent financial practices
3. What is the goal of cryptography?
- Cryptography is the science of using mathematics to encrypt and decrypt data
4. What is the main purpose of encryption?
- The purpose of encryption is confidentiality—concealing the content of the message by translating it into a code. The purpose of digital signatures is integrity and authenticity—verifying the sender of a message and indicating that the content has not been changed.
5. Can all encryption be broken?
- encryption should be unbreakable, as long as the key used to encrypt the information is kept secret. However, in practice, encryption can be broken if someone is able to find a weakness in the encryption algorithm, or if they are able to obtain the key through some other means.
6. Where is encryption used in real life?
- Encryption is used in electronic money schemes to protect conventional transaction data like account numbers and transaction amounts, digital signatures can replace handwritten signatures or a credit-card authorizations, and public-key encryption can provide confidentiality.