“Cyberattacks in Public Companies, accounting homework help

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“Cyberattacks in Public Companies” Please respond to the following:

  • From the e-Activity, analyze the effects of the SEC‘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.

Week 6 eActivity

  • 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.