Final answer:
Segregation of duties in advanced technology systems is achieved by dividing tasks among different individuals and systems, using access controls, automated workflows, role-based access controls, and identity management solutions to enforce and maintain segregation to minimize fraud and errors.
Step-by-step explanation:
In advanced technology systems, segregation of duties (SoD) is a fundamental internal control that prevents conflict of interest by dividing critical tasks among multiple people and systems. SoD is implemented by ensuring that no single individual or system has sole control over all aspects of any significant business process or transaction. This principle reduces the risk of fraud and errors and enhances the integrity of operational processes.To accomplish segregation of duties in technology systems, roles and responsibilities are carefully defined and access controls are enforced through user permissions. For example, in a financial system, one person may have the authority to initiate a payment, another to approve it, and a third to reconcile the accounts. Similarly, in software development, different individuals may be responsible for writing code, conducting code reviews, and deploying to production environments.
Technology such as automated workflows, access control lists, and role-based access controls (RBAC) are employed to enforce segregation. Advanced tools like identity management solutions and automated monitoring systems also play a crucial role in maintaining segregation of duties by ensuring timely In advanced technology systems, the segregation of duties is accomplished by dividing tasks and responsibilities among different individuals to ensure a system of checks and balances. This helps prevent fraud, errors, and misuse of resources. For example, in a database management system, one individual may be responsible for creating and managing user accounts, while another individual may handle data entry and processing.The key principle behind segregation of duties is that no single individual should have complete control or authority over all aspects of a process or system. By separating duties and roles, organizations can minimize the risk of errors and fraud, and increase accountability.Segregation of duties is particularly important in sensitive areas such as financial systems, where the separation of tasks related to initiating, approving, and recording financial transactions is crucial. This ensures that no single individual has the ability to both initiate and approve financial transactions, reducing the risk of fraudulent activities.revisions of access rights and ongoing compliance checks.