We published our first blog post in October of 2012. Over the past five years, our analysts have shared their insights into various auditing and accounting trends and issues. Publishing more than 300 blogs, we have covered a vast array of … Continue reading
Category Archives: Cybersecurity
Ranking the Equifax Data Breach
Equifax [EFX] is the latest casualty of a massive data breach. Equifax recently disclosed that a cybersecurity incident may have affected 143 million U.S. consumers. According to Equifax, the incident occurred between May and July 2017. The breached information included names, … Continue reading
Cybersecurity Experts on the Board of Directors
Cyber breaches are still going strong. Each year seems to be dubbed the new “Year of the Breach.” With 60 breaches of publicly traded companies, including one of the largest breaches of all time at Yahoo, 2016 was no different. … Continue reading
Consequences of Yahoo Data Breaches Continue
The implications of Yahoo’s (YHOO) data breaches continue to unravel. Last Wednesday, Yahoo filed its fiscal 2016 Annual Report, in which management made a number of significant disclosures related to the cyber security incidents. In particular, they discussed changes to their agreement to … Continue reading
Data Breaches Have Big Cost for Yahoo in Verizon Deal
Cyber attacks have almost become an expectation of 21st century business. From denials of service and data theft to viruses and ransomware, it seems to be simply a matter of time before a company is assailed. Some experts predict that … Continue reading
Cyber Risk Disclosure On The Rise
Cybersecurity continues to be a top priority for management. PwC’s 2016 Global Economic Crime Survey found that “61% of CEOs [in the survey] are concerned about cyber security.” However, “only 37% of respondents […] have a fully operational incident response … Continue reading
Cybersecurity Disclosures in Risk Factors
Cybersecurity has become a staple item within the Risk Factors section for the vast majority of public companies. In 2015, over 88% of Russell 3000 companies disclosed cybersecurity as a risk. In addition, over two percent of companies that disclosed cybersecurity … Continue reading