“NBC Learn Videos: Cyberattacks on Public Companies”
Title: Equifax, Yahoo CEOs Face Questions on Capitol Hill
Date: Nov 8, 2017
Duration: 00:01:46
Title: Facebook Reveals Security Breach Affects Up to 50 Million Accounts
Date: Sep 28, 2018
Duration: 00:01:14
Title: Equifax: Personal Data for Millions of Americans Potentially Exposed
Date: Sep 7, 2016
Duration: 00:01:46
- Watch
the three NBC Learn videos on recent data breaches at three major
corporations. 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.
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