Compliance into the Weeds

Ransomware Attacks and Internal Controls

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Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Today, Matt and Tom take a deep dive into the difference between a privacy breach and a ransomware attack.

Some of the issues we consider are:

  • Why are privacy breaches different from ransomware attacks?
  • What is an authenticated v. unauthenticated cyber-attack?
  • Why would the SEC get involved?
  • What are the internal controls need to prevent and detect a ransomware attack? How will they be audited?
  • How can a material weakness in internal controls around ransomware lead to a financial restatement?
  • What will the SEC look at from an enforcement angle?

    • Resources

    Matt in Radical Compliance

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    Compliance into the WeedsBy Tom Fox
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