“NBC Learn Videos: Cyberattacks on Public Companies”
Title: Equifax, Yahoo CEOs Face Questions on Capitol Hill
Date: Nov 8, 2017
Title: Facebook Reveals Security Breach Affects Up to 50 Million Accounts
Date: Sep 28, 2018
Title: Equifax: Personal Data for Millions of Americans Potentially Exposed
Date: Sep 7, 2016
- Watch the three NBC Learn videos on recent data breaches at three major corporations. Analyze the effects of the SECâ€˜s 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.
- Examine the impact of cyberattacks on potential investors in a public company. As an auditor, provide your recommendations for including the potential of a cyberattack in the 10-K, as opposed to an actual attack. Provide support for your recommendation.