Our mission at the PCAOB calls on us to protect investors and the public interest by overseeing one particular aspect of the financial reporting ecosystem: the preparation of informative, accurate, and independent audit reports. I’d like to discuss an emerging area for our oversight—cybersecurity. Specifically, I’d like to explore the dangers posed and how cybersecurity presents a threat to our financial reporting system. I’d like to also share my thoughts on what audit professionals can do to strengthen cybersecurity and resiliency in our financial reporting system….
via Cybersecurity: Where Are We, and What More Can Be Done? – The CPA Journal.