Insights

Protecting sensitive information and mitigating cyber risk is an enormous and persistent challenge for businesses, in part because every communications tool used to conduct normal business presents a clear risk.

Special focus: The cyber threats to public sector

Insights from public company directors regarding their thoughts on how boards are investing in digital capabilities, prioritizing cybersecurity threats and assessing digital privacy risks. The survey results indicate that new regulations and emerging risks are driving boards to reevaluate corporate strategy and investments.

The AICPA continues to adjust and refine the SOC 2 reporting requirements. The most recent release includes significant changes to the Trust Services Criteria and also addresses cybersecurity risks while offering increased flexibility. The AICPA also issued a Description Criteria.

As the governance needs of corporate America continue to grow and diversify, directors at publicly traded companies are constantly being asked to do more. In recent years, perhaps no area of board responsibility has grown faster than the oversight of an organization’s cybersecurity.

A new reporting framework for cyber risk management

Building Trust in Cloud Services - The SOC Standard

This guide is designed to help audit committees, boards and financial executives keep up to date on the latest corporate governance and financial reporting developments.

FASB Issues Proposal to Defer Revenue Standard by One Year