COVID-19 & the Effect on E-Commerce
Lead Author: Andrea Kriger
Contributors: Rezarta Selmani, and Bart Jeseritz
Breakout room: COVID-19 and E-Commerce
The purpose of this paper is to explore the impact of COVID-19 as it relates to the business process, specifically how E-commerce impacts the speed of business, the evolution of payment methods, and how consumer values have changed because of the fast forward in ecommerce sales.
COVID-19 the Impact on the Economy
Lead Author: Rezarta Selmani
Contributors: Andrea Kriger and Bart Jeseritz
Breakout room: COVID-19 and the Economy
In recent months, the pandemic has affected the entire world economy, this anomalous event has also been perceived at a social level, causing radical changes in the lives of all of us. The World Bank estimates that the Covid-19 pandemic triggered one of the worst economic recessions since 1870, bringing with it a dramatic rise in poverty levels.
The world economy will suffer a worrying decline in GDP of 90% at the end of this year. (Fatebenefratelli, 2020).
Cyber Security and Cryptocurrency
Jenny Beans, Patricia Schmidt, Dakota Schroeder, Seth Taylor
Breakout room: Cyber Security & Cryptocurrency
One revolutionizing form of digital currency, cryptocurrency, was created in 2009 and is maintained through a decentralized system that removes intermediaries of transactions to increase efficiency. Blockchain, an immutable software that traces cryptocurrency transactions through a decentralized ledger, is growing rapidly (Fanusie & Logan, 2019, p. 6). The increased usage of cryptocurrencies and blockchain technologies has affected the domestic and global economies. The anonymity behind this newly developed currency has presented an abundance of cybersecurity issues and increased criminal activity. With these elevated threats, a more in-depth comprehension of how these technologies are being utilized to carry out illegal activities is critical. Additionally, it is important to recognize how countries around the globe are reacting to these cybersecurity threats and, most importantly, what impact this will have on society.
The Impact of Data Analytics and Artificial Intelligence on Auditing
Alexis Pokorny, Lukas Kalb, Faatali Warnke
Breakout room: Data Analytics & AI in Auditing
The use of AI technology to conduct a portion of auditing procedures is a relatively new concept that has yet to be widely accepted throughout the accounting industry. Our research aims to shed some light on this topic and offer some clarity on the functionality of this new technology. We explore the many benefits AI can bring to the audit as well as address the drawbacks and ethical issues surrounding this new technology. A fair amount of research was also directed to explore the biggest concern surrounding this new technology: AI replacing the role of the auditor. The overarching purpose of our research was to find the best practices for implementing AI technology into the auditing process to ensure that everything goes as smooth as possible and that the auditors are receiving results that can be trusted.
New Perspectives on Diabetes Management
Breakout room: Perspectives on Diabetes Management
The World Health Organization (WHO) reports that 60% of all deaths worldwide are the result of chronic disease.1 One of the diseases that carries a significant global impact is Diabetes. There are different pathways and etiologies of the different forms of diabetes including Type I Diabetes, Type II Diabetes, and Gestational Diabetes. For the purpose of this research paper, we will mainly be focusing and highlighting different management techniques and future directions for technology in the advancement of care of these patients.
Predictive Financial Analytics
Trae Blanco, Matt Ideus, Aoran Li
Breakout room: Predictive Financial Analytics
Predictive Financial analysis is not a new concept in Corporate Finance. The use of historical data to find a trend or situation to help predict the future gives guidance to businesses in determining the most cost-effective strategies for their companies. Throughout this paper, we are going to be understand the types of predictive analysis there are to have a background understanding. Then dive into the models used to develop them. Lastly, the discussion of the true value of the “black box” findings of the model and the evaluation of how the cost effectiveness is for the company/employees.
Ransomware in Healthcare IT: No Entity is Immune
Breakout room: Ransomware in Healthcare IT
Healthcare among many is one of the most targeted and vulnerable segments for cyber-attacks due to the central hub for personal information and records; it is as if cybercrime is the next worldwide pandemic. As the age of information continues to become more digital in nature, this provides an even higher arch of risk involved when discussing ransomware. In 2020, 92 individual ransomware attacks affected over 600 healthcare facilities and more than 18 million patient records; the economic impact of this is estimated to be upwards of 21 Billion worldwide . With these staggering numbers, healthcare facilities cannot take a back seat to cyber criminals and jeopardize their clients and peers. The malicious attackers know the value and data healthcare entities house, which makes this segment a prime target for ransomware. The purpose of this research was to identify measures that can be taken to better position these healthcare facilities from ransomware and other malicious online attacks. Much of the information used in this research stems from professional journals, industry professional interviews, whitepapers, and articles.
The Transformation of Human Resources Through Digitization
Pamela Baxa, Jo Chuduri
Breakout room: Transformation of Human Resource
Human resources professionals must stay on top of emerging technology to keep increasing the firm’s efficiency, maintain current and recruit new employees, and stay in the know about data security and privacy issues created all to ensure continued growth and prosperity. “Human capital management executives have an opportunity to significantly increase the value of their roles within their enterprises, through digital workflows, services and functions.” (Forbes, 2016)