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Cyberattacks in Public Companies Please respond to the following: e-Activity: Research the Internet for a recent story (within the last five years) involving a data
Cyberattacks in Public Companies Please respond to the following:
e-Activity: Research the Internet for a recent story (within the last five years) involving a data breach by a publicly traded company. Research the current disclosure requirements of the Securities and Exchange Commission (SEC) involving data breaches by public companies. Be prepared to discuss.
- From the e-Activity, analyze the effects of the SECs data breach disclosure requirement on financial reporting, based on the current language of the requirement. Recommend a change to the disclosure requirements to strengthen public company disclosures of cyberattacks. Provide support for your rationale.
- Examinetheimpactofcyberattacksonpotentialinvestorsinapubliccompany.Asanauditor,provideyourrecommendationsforincludingthepotentialofacyberattackinthe10-K,asopposedtoanactualattack.Providesupportforyourrecommendation.
Please answer the above questions.
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