When the SEC Speaks About Cybersecurity, We’d All Better Listen

In his blog, Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here’s an excerpt from his latest blog:

I often find myself talking with reporters about internal audit’s role regarding risks, particularly cybersecurity. Recently, a rep​orter asked me about a new U.S. Securities and Exchange Commission (SEC) investigative report, “Cyber-Related Frauds Perpetrated Against Public Companies.” The report describes investigations at nine publicly traded companies that were victims of cyber fraud.