Compliance Into The Weeds - Ransomware Attacks and Internal Controls

Thomas Fox
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Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to more fully explore a subject.

Today, Matt and I take a deep dive into the difference between a privacy breach and a ransomware attack.

Some of the issues we consider are:

1. Why are privacy breaches different from ransomware attacks?

2. What is an authenticated v. unauthenticated See more +

Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to more fully explore a subject.

Today, Matt and I take a deep dive into the difference between a privacy breach and a ransomware attack.

Some of the issues we consider are:

1. Why are privacy breaches different from ransomware attacks?

2. What is an authenticated v. unauthenticated cyber-attack?

3. Why would the SEC get involved?

4. What internal controls are needed to prevent and detect a ransomware attack? How will they be audited?

5. How can a material weakness in internal controls around ransomware lead to a financial restatement?

6. What will the SEC look at from an enforcement angle?

Listen to the complete episode of Compliance Into the Weeds - Ransomware Attacks and Internal Controls in Compliance Podcast Network here https://bit.ly/3FXGI6Q. See less -

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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Thomas Fox
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