If a hacker penetrates a companys website, should the company report the attack and a damage estimate
Fantastic news! We've Found the answer you've been seeking!
Question:
- If a hacker penetrates a company’s website, should the company report the attack and a damage estimate to law enforcement officials? Why or why not? Should the company report the attack to anyone else outside of law enforcement officials? If so, to whom, and why?
- Should footnote disclosure be made or be required to be made in the financial statements, especially for publicly listed firms, about the potential of cyberattacks on a Company’s business operations when there have been no material cyberattacks against the Company in the related (last) financial reporting period? Explain in detail.
Related Book For
Modeling the Dynamics of Life Calculus and Probability for Life Scientists
ISBN: 978-0840064189
3rd edition
Authors: Frederick R. Adler
Posted Date: