An update on key accounting and legal/regulatory developments; a look at major themes from our Audit Committee Issues Conference; a Q&A on audit quality; and a look at the challenge of protecting corporate data in the face of persistent cyber threats.
What information is key to assessing whether management has its arms around cyber risk? Certainly, the audit committee needs to hear from a Chief Information Security Officer or Chief Information Officer who is knowledgeable and can help them see the big picture. But what should be the key areas of focus? While the answer will vary depending on the situation, we suggest four areas of focus.