On November 6, 2019, the Center for Audit Quality (CAQ) released its sixth annual Audit Committee Transparency Barometer. Compiled and published in partnership with Audit Analytics, the Barometer measures the content of proxy statement disclosures year-over-year in certain key areas … Continue reading
Category Archives: Cybersecurity
Trends in Cybersecurity Breaches Continue in 2019
An expanded version of this article was first available through Accounting Quality Insights, powered by Audit Analytics, via Bloomberg, Refinitiv Eikon, FactSet and S&P Global. Contact us for the full article. During the week of October 14, 2019, two companies … Continue reading
When Does Insurance Cover Cyberattacks?
This article was first available to subscribers of Accounting Quality Insights by Audit Analytics on Bloomberg, Eikon, FactSet, and S&P Global. In 2014, global life sciences technology company Medidata Solutions [MDSO] fell victim to a “phishing” attack, losing nearly $5 … Continue reading
Credential Stuffing at Chipotle Mexican Grill Inc.
Note: This article was first available to subscribers of Accounting Quality Insights by Audit Analytics on Bloomberg, Eikon, FactSet, and S&P Global. It was recently reported that customers of Chipotle Mexican Grill Inc. [CMG] were targeted by a cyber attack … Continue reading
Trends in Cybersecurity Breach Disclosures
In our latest report, Trends in Cybersecurity Breach Disclosures, we delve into the trends and statistics of public company cybersecurity and cyber disclosure. Over the past ten years, cybersecurity has become a greater threat for public companies, as both business and commerce have become … Continue reading
SEC Registrants with Poor Cyber Controls
On October 16, 2018, the SEC’s Division of Enforcement issued an investigative report regarding cyber-related fraud’s effect on public company internal controls. The report reviewed nine cases in which public companies’ electronic communications were used to perpetrate fraudulent payments. All … Continue reading
Do Companies With Data Breaches Belong in ESG Portfolios?
Socially responsible investment funds have become popular with investors over the past several years as buyers seek to align their beliefs with their portfolios. According to a report from Morningstar, sustainable funds averaged $924 million per month in net flows … Continue reading