CASH IS KING: WHOS WEARING YOUR CROWN? presented at Blackhat Abu Dhabi 2012

by Tom Eston, Brett Kimmell,

Tags: Fraud Accounting

Summary : Show me the money. If hackers were able to manipulate the worlds accounting systems, governments and corporations would be in a frenzy. Guess what? Hackers canand will. In this presentation we describe manipulating the major financial accounting systems used by corporations large and small to show the importance of good information security and accounting controls. In this talk we will identify ways to manipulate accounting systems for financial gain demonstrating real world mass accounting systems fraud. We will also identify information security and accounting controls needed to detect these types of attacks. Through our research weve identified a multiple ways to manipulate accounting data and misappropriate funds. Our research will provide attendees with a new outlook on the importance of information security and back end accounting controls and how tightly they are linked. We concentrated our research on middle tier accounting systems used by SMBs and large corporations.