- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Maria L. Murphy2023-02-07T17:52:00
Cyber risks are a major concern for management and boards and remain noteworthy to investors and company stakeholders. Breaches, ransomware, malware, and other attacks are increasing, and the risk curve continues to go up.
As breaches become more pervasive and threaten shutdowns of company operations, there is greater urgency for companies and auditors to be aware of and head off these risks.
At the annual AICPA CIMA Conference on Current Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board developments in December, a panel of experts shared perspectives regarding the criticality of cybersecurity risks, what the response of management and boards should be, and how proposed disclosure requirements need to be incorporated into cyber-related responsibilities.
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2023-03-10T19:32:00Z By Aaron Nicodemus
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Erica Williams was reappointed to a second term as chair of the Public Company Accounting Oversight Board after an ambitious first three years in the role that have seen the agency work to update many of its standards deemed outdated.
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