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Companies will soon have new way to gut check cyber risk

Tammy Whitehouse | March 10, 2017

The accounting profession is putting the finishing touches on a new, voluntary audit that will help companies better assess how well they’ve prepared themselves to withstand and respond to a cyber attack.

The American Institute of Certified Public Accountants is expecting this spring to finalize new guidance that will give auditors the necessary criteria to perform a deep dive into a company’s cyber-security risk management to help them spot where they may have vulnerabilities. “It’s an attestation service that can be done to test the design and operating effectiveness of a company’s cyber-security risk management controls,” says Sandy Herrygers, a partner at Deloitte & Touche.

The AICPA issued... To get the full story, subscribe now.