Are you keeping pace with evolving cybersecurity threats?

Are you keeping pace with evolving cybersecurity threats?

• 10 October 2023
• Accounting
• South African Accounting Academy

The middle market continues to be a primary target for cybersecurity attacks as new risks emerge. The past year was no different, with an elevated threat environment due to ongoing geopolitical risks, an uncertain economy and the lingering effects of the COVID-19 pandemic. 

Read the new RSM US Middle Market Business Index Cybersecurity Special Report to get a glimpse into how the largest segment of the U.S. economy is implementing controls and strategies to address security threats and fight back against cybercriminals. Inside the survey, you’ll find specific insights into several key cybersecurity areas, including:

• The middle market’s sharpening focus on cybersecurity as the business environment evolves

• Information and data privacy strategies 

• The changing cyber insurance landscape 

• Threats related to ransomware and social engineering

• Security benefits from moving to the cloud

You’ll also find an analysis of the rapidly developing privacy environment, as well as details of recent cybersecurity experiences from middle market leaders across several industries.

Table of contents

• Executive summary 

• As the business environment evolves, the middle market sharpens its focus on cybersecurity 

• Information and data security 

• Cyber insurance 

• Ransomware attacks 

• Business takeover threats 

• Privacy protections compliance 

• Migration to the cloud to ensure data security 

• Methodology 

Click here to download the Report:

https://rsmus.com/middle-market/cybersecurity-mmbi/thank-you.html?cmpid=eml:1326092-mmbi-back-to-work:bb01&mkt_tok=MjQxLUFZSC00NjAAAAGOdEU60XQhab76h64WkjEiyGCHKn-EhK-KKuAl36uqPZuLtjjKPHJ4ELFpxFCiVr4tzfGYI3uXYMIXD8p_tWXQq0tpgyi2phKyKORTxXGiVA

Relevance to Auditors, Independent Reviewers & Accountants:

• POPIA is an important piece of legislation that your clients must comply with, and which you must assess compliance with.  If they don’t comply with the relevant laws and regulations, you have certain reporting obligations in terms of NOCLAR (Non-Compliance with Laws And Regulations) – this could include reporting to management, qualifying your audit opinion, reporting a Reportable Irregularity, etc.

• As an auditor, independent reviewer and accountant, you also need to be aware of media statements, useful guides, etc. that have been issued by/about cybercrimes and how they affect you and your clients.

• Safeguarding information against cybercrime is vital for any entity.

Relevance to Your Clients:

• An entity (company or close corporation) should be aware of media statements, useful guides, etc. that have been issued by/about cybercrimes and how they affect you.

• Safeguarding information against cybercrime is vital for any entity.

0 COMMENTS

LEAVE A COMMENT