Aicpa Cybersecurity Risk Management Framework

The AICPA Cybersecurity Risk Management Framework: A New Era of Security for Businesses

By Dr. Anya Sharma, PhD, CISSP, CISM

Dr. Anya Sharma is a leading cybersecurity expert with over 15 years of experience in risk management and compliance. She holds a PhD in Information Security and is a Certified Information Systems Security Professional (CISSP) and Certified Information Security Manager (CISM).


Published by: The Journal of Accounting and Finance, a leading publication for professionals in the accounting and finance industries, known for its rigorous peer-review process and commitment to delivering high-quality, impactful research.

Edited by: Michael Davis, CPA, CISA, a seasoned editor with 20 years of experience in financial reporting and cybersecurity. He has a proven track record of editing high-impact publications in the accounting and finance industry.


Introduction:

The digital landscape is increasingly treacherous, with cyber threats evolving at an alarming rate. For businesses of all sizes, robust cybersecurity is no longer a luxury but a necessity. This is where the AICPA Cybersecurity Risk Management Framework comes in, providing a crucial roadmap for organizations to navigate the complex world of digital security. This framework, developed by the American Institute of CPAs (AICPA), offers a comprehensive approach to identifying, assessing, and mitigating cybersecurity risks. This article delves into the intricacies of the AICPA cybersecurity risk management framework, examining its core components, implications for the industry, and its significance in shaping a more secure future for businesses.


H1: Understanding the AICPA Cybersecurity Risk Management Framework

The AICPA cybersecurity risk management framework isn't just another checklist; it's a structured methodology that aligns with established risk management principles. It encourages a proactive and holistic approach to cybersecurity, moving beyond simple compliance to a more strategic and risk-based perspective. The framework emphasizes a five-step process:

1. Governance and Risk Assessment: This initial step involves establishing clear cybersecurity governance, defining roles and responsibilities, and conducting a thorough risk assessment to identify potential vulnerabilities and threats. This stage is critical for setting the tone at the top and ensuring commitment to cybersecurity across the organization.

2. Risk Response: Once risks are identified, organizations must develop appropriate responses. This might involve mitigation strategies (reducing the likelihood or impact of a threat), acceptance (acknowledging a risk and accepting the potential consequences), avoidance (eliminating the risk altogether), or transferring the risk (e.g., through insurance).

3. Risk Monitoring and Reporting: Continuous monitoring is crucial to detect and respond to emerging threats. The AICPA cybersecurity risk management framework stresses the importance of regular reporting to stakeholders, keeping them informed about the organization's cybersecurity posture and any significant incidents.

4. Communication and Training: Effective communication and training are paramount. Employees need to be aware of cybersecurity risks and their roles in mitigating them. Regular training programs should be implemented to ensure everyone understands security policies and procedures.

5. Technology and Process: This involves the implementation of appropriate technologies and processes to support the framework's objectives. This could include firewalls, intrusion detection systems, data loss prevention tools, and regular security audits.

H2: Implications for the Industry

The adoption of the AICPA cybersecurity risk management framework has significant implications across various industries. It fosters a more proactive and preventative approach to security, reducing the likelihood of costly breaches and data loss. This, in turn, strengthens investor confidence, enhances brand reputation, and minimizes potential legal and regulatory repercussions.


H3: The Framework's Alignment with Existing Standards and Regulations

The AICPA cybersecurity risk management framework is designed to be flexible and adaptable to various organizational contexts. It's aligned with other widely accepted standards and regulations, such as NIST Cybersecurity Framework, ISO 27001, and GDPR, making it easier for organizations to integrate the framework with their existing compliance programs. This interoperability simplifies compliance efforts and reduces the burden on organizations.

H4: Challenges and Considerations

While the framework provides a valuable roadmap, its successful implementation requires a dedicated commitment from leadership and a skilled cybersecurity team. Some challenges include:

Resource Constraints: Implementing robust cybersecurity measures requires investment in technology, personnel, and training. Smaller organizations might face resource limitations.
Keeping Pace with Evolving Threats: The cybersecurity landscape is constantly evolving, requiring organizations to continuously update their strategies and defenses.
Integrating with Existing Systems: Integrating the framework with existing systems and processes can be complex and time-consuming.

H5: The Future of the AICPA Cybersecurity Risk Management Framework


The AICPA is continuously evaluating and updating the framework to reflect the changing threat landscape. Future iterations will likely incorporate new technologies and address emerging cybersecurity challenges, such as those related to artificial intelligence and the Internet of Things (IoT).


Conclusion:

The AICPA cybersecurity risk management framework represents a significant advancement in the field of cybersecurity. By providing a structured and comprehensive approach to risk management, it empowers organizations to proactively address security challenges, protect sensitive data, and build a more resilient security posture. While challenges exist, the framework's benefits significantly outweigh the hurdles, making its adoption a crucial step for any organization committed to safeguarding its digital assets and maintaining a competitive edge in today's digital world.


FAQs:

1. What is the AICPA Cybersecurity Risk Management Framework? It’s a structured methodology for identifying, assessing, responding to, and monitoring cybersecurity risks.

2. Who should use the AICPA Cybersecurity Risk Management Framework? Organizations of all sizes and across all industries can benefit from its implementation.

3. How does the framework differ from other cybersecurity frameworks? While aligned with others (NIST, ISO 27001), the AICPA framework focuses on the specific needs and context of accounting and finance organizations.

4. What are the key components of the framework? Governance, risk assessment, risk response, monitoring, reporting, communication, training, and technology implementation.

5. Is the framework mandatory? No, it's voluntary, but highly recommended for organizations seeking to improve their cybersecurity posture.

6. What are the costs associated with implementing the framework? Costs vary depending on organization size, existing infrastructure, and expertise.

7. How long does it take to implement the framework? Implementation timelines vary depending on organizational complexity and resources.

8. What are the benefits of using the framework? Reduced risk of breaches, improved compliance, enhanced reputation, and stronger investor confidence.

9. Where can I find more information about the AICPA Cybersecurity Risk Management Framework? The AICPA website is a great resource, offering detailed guides and supporting materials.



Related Articles:

1. "Implementing the AICPA Cybersecurity Framework: A Practical Guide": A step-by-step guide on implementing the framework within an organization.

2. "The AICPA Cybersecurity Framework and its Alignment with GDPR": Discusses the compatibility and integration of the AICPA framework with GDPR compliance.

3. "Cost-Benefit Analysis of Implementing the AICPA Cybersecurity Risk Management Framework": Examines the financial implications of adopting the framework.

4. "Case Studies: Successful Implementations of the AICPA Cybersecurity Framework": Shares real-world examples of organizations that have successfully implemented the framework.

5. "The Role of Technology in Supporting the AICPA Cybersecurity Risk Management Framework": Focuses on the technological aspects of implementing the framework.

6. "The AICPA Cybersecurity Framework and its Impact on Insurance Premiums": Explores how the framework can affect insurance costs.

7. "Training and Awareness Programs: A Crucial Component of the AICPA Cybersecurity Risk Management Framework": Highlights the importance of employee training in cybersecurity.

8. "Auditing Cybersecurity Controls: A Framework-Based Approach": Explores how to conduct audits based on the framework's principles.

9. "Future Trends in Cybersecurity and Their Implications for the AICPA Cybersecurity Risk Management Framework": Discusses how future threats will impact the framework and its evolution.


  aicpa cybersecurity risk management framework: Guide: Reporting on an Entity's Cybersecurity Risk Management Program and Controls, 2017 AICPA, 2017-06-12 Created by the AICPA, this authoritative guide provides interpretative guidance to enable accountants to examine and report on an entity's cybersecurity risk managementprogram and controls within that program. The guide delivers a framework which has been designed to provide stakeolders with useful, credible information about the effectiveness of an entity's cybersecurity efforts.
  aicpa cybersecurity risk management framework: Cybersecurity Advisory Services Certificate AICPA, 2020-03-31 The Cybersecurity Advisory Services Certificate (15.5 CPE Credits) will teach you how to help your clients navigate threats by becoming a trusted business advisor for their organization's cybersecurity risk management programs. Cybersecurity threats are escalating, unnerving the boards of directors, managers, investors and other stakeholders of organizations of all sizes—whether public or private. Organizations are under increasing pressure to demonstrate that they are managing threats, and that they have effective processes and controls in place to detect, respond to, mitigate and recover from cybersecurity events. Cybersecurity yields potential business opportunities for a firm to better serve its clients. As a trusted business advisor, firm practitioners can provide advisory services that help companies spot cybersecurity weaknesses, identify potential risks and offer advice on how to safeguard information and systems. Learn how you can help your clients navigate threats by becoming a trusted business advisor for their organization's cybersecurity risk management programs. Upon completing the learning, you will be awarded with a certificate in the form of a digital badge to be proudly displayed anywhere on the internet—a personal blog, a social network like LinkedIn, Facebook, Twitter, Mozilla Open Badges, a biographical page on a company website, or an online resume. WHO WILL BENEFIT? Practitioners who are interested in providing cybersecurity advisory services and want to build their competencies in and understanding of these types of services. Likely participants may already have SOC for service organizations practices and are looking to expand into cybersecurity. Participants must have either IT expertise or access to IT professionals who possess the skills to perform this work. CPAs in public accounting firms who are providing non-consulting and advisory services for clients of the firms (e.g. tax or A&A services) and need to be able to intelligently convey the value of a cybersecurity risk management program to their clients (to then hand off to the cybersecurity specialist within the firm). Management accountants and internal auditors who want to understand the types of services available to their organizations related to the management of cybersecurity risks KEY TOPICS Cybersecurity risk management program overview Cybersecurity advisory service opportunities Cybersecurity examination services versus advisory services Cybersecurity frameworks, including the AICPA cybersecurity risk management program reporting framework Drivers for cybersecurity advisory needs Gap analysis and risk assessment Common cybersecurity advisory services, such as SOC for Cybersecurity readiness assessments and penetration testing Tools to effectively perform advisory services including qualifications and certifications, backgrounds and expertise, and other resources you would need to market and deliver in a quality manner LEARNING OBJECTIVES Articulate the nature and types of cybersecurity advisory services that can be performed. Identify key considerations of each of those advisory services. Recognize what one would need to effectively perform advisory services. Want to learn more about all of the cybersecurity certificates? Learn More Digital Badge: Your Professional Distinction Set yourself apart as a future-ready financial professional. Upon completion, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement. Credit Info CPE CREDITS: Online: 15.5 (CPE credit info) NASBA FIELD OF STUDY: Information Technology LEVEL: Basic PREREQUISITES: None ADVANCE PREPARATION: Assumed knowledge of the Trust Services Criteria and the Cybersecurity Description Criteria DELIVERY METHOD: QAS Self-Study COURSE ACRONYM: CSADV Online Access Instructions A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product for one full year. System Requirements AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians. A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam. Supported Operating Systems: Macintosh OS X 10.10 to present Windows 7 to present Supported Browsers: Apple Safari Google Chrome Microsoft Internet Explorer Mozilla Firefox Required Browser Plug-ins: Adobe Flash Adobe Acrobat Reader Technical Support: Please contact service@aicpa.org.
  aicpa cybersecurity risk management framework: Building a Cyber Risk Management Program Brian Allen, Brandon Bapst, Terry Allan Hicks, 2023-12-04 Cyber risk management is one of the most urgent issues facing enterprises today. This book presents a detailed framework for designing, developing, and implementing a cyber risk management program that addresses your company's specific needs. Ideal for corporate directors, senior executives, security risk practitioners, and auditors at many levels, this guide offers both the strategic insight and tactical guidance you're looking for. You'll learn how to define and establish a sustainable, defendable, cyber risk management program, and the benefits associated with proper implementation. Cyber risk management experts Brian Allen and Brandon Bapst, working with writer Terry Allan Hicks, also provide advice that goes beyond risk management. You'll discover ways to address your company's oversight obligations as defined by international standards, case law, regulation, and board-level guidance. This book helps you: Understand the transformational changes digitalization is introducing, and new cyber risks that come with it Learn the key legal and regulatory drivers that make cyber risk management a mission-critical priority for enterprises Gain a complete understanding of four components that make up a formal cyber risk management program Implement or provide guidance for a cyber risk management program within your enterprise
  aicpa cybersecurity risk management framework: Reporting on an Examination of Controls at a Service Organization Relevant to User Entities' Internal Control Over Financial Reporting (SOC 1) AICPA, 2017-05-08 This updated and improved guide is designed to help accountants effectively perform SOC 1® engagements under AT-C section 320, Reporting on an Examination of Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting, of Statement on Standards for Attestation Engagements (SSAE) No. 18, Attestation Standards: Clarification and Recodification. With the growth in business specialization, outsourcing tasks and functions to service organizations has become increasingly popular, increasing the demand for SOC 1 engagements. This guide will help: Gain a deeper understanding of the requirements and guidance in AT-C section 320 for performing SOC 1 engagements. Obtain guidance from top CPAs on how to implement AT-C section 320 and address common and practice issues. Provide best in class services related to planning, performing, and reporting on a SOC 1 engagement. Successfully implement changes in AT-C section 320 arising from the issuance of SSAE 18, which is effective for reports dated on or after May 1, 2017. Determine how to describe the matter giving rise to a modified opinion by providing over 20 illustrative paragraphs for different situations. Understand the kinds of information auditors of the financial statements of user entities need from a service auditor's report. Implement the requirement in SSAE No. 18 to obtain a written assertion from management of the service organization. Organize and draft relevant sections of a type 2 report by providing complete illustrative type 2 reports that include the service auditor’s report, management’s assertion, the description of the service organization’s system, and the service auditor’s description of tests of controls and results. Develop management representation letters for SOC 1 engagements.
  aicpa cybersecurity risk management framework: Guide AICPA, 2018-03-26 Updated as of January 1, 2018, this guide includes relevant guidance contained in applicable standards and other technical sources. It explains the relationship between a service organization and its user entities, provides examples of service organizations, describes the description criteria to be used to prepare the description of the service organization’s system, identifies the trust services criteria as the criteria to be used to evaluate the design and operating effectiveness of controls, explains the difference between a type 1 and type 2 SOC 2 report, and provides illustrative reports for CPAs engaged to examine and report on system and organization controls at a service organization. It also describes the matters to be considered and procedures to be performed by the service auditor in planning, performing, and reporting on SOC 2 and SOC 3 engagements. New to this edition are: Updated for SSAE No. 18 (clarified attestation standards), this guide has been fully conformed to reflect lessons learned in practice Contains insight from expert authors on the SOC 2 working group composed of CPAs who perform SOC 2 and SOC 3 engagements Includes illustrative report paragraphs describing the matter that gave rise to the report modification for a large variety of situations Includes a new appendix for performing and reporting on a SOC 2 examination in accordance with International Standards on Assurance Engagements (ISAEs) or in accordance with both the AICPA’s attestation standards and the ISAEs
  aicpa cybersecurity risk management framework: The Routledge Companion to Auditing David Hay, W. Robert Knechel, Marleen Willekens, 2014-09-15 Auditing has been a subject of some controversy, and there have been repeated attempts at reforming its practice globally. This comprehensive companion surveys the state of the discipline, including emerging and cutting-edge trends. It covers the most important and controversial issues, including auditing ethics, auditor independence, social and environmental accounting as well as the future of the field. This handbook is vital reading for legislators, regulators, professionals, commentators, students and researchers involved with auditing and accounting. The collection will also prove an ideal starting place for researchers from other fields looking to break into this vital subject.
  aicpa cybersecurity risk management framework: IFRS Certificate Program AICPA, 2019-04-09 The IFRS (International Financial Reporting Standards) Certificate program (40.5 CPE Credits) will distinguish you from other accounting and finance professionals and expand your career opportunities both in the U.S. and globally. Since more than 125 countries require or permit the use of IFRS, taking this program will give you a distinct competitive advantage over your peers. As of January 1, 2018, those who successfully complete all courses in the curriculum will receive a certificate of achievement, a digital badge, a subscription to the eIFRS online subscription service and 40+ hours of CPE credit. Why is IFRS relevant in the US, and for you? U.S. multinationals are headquartered across the U.S., so you could easily find yourself with a client that has IFRS requirements, either for itself or a non-U.S. subsidiary. You might increasingly find yourself structuring deals and transactions with IFRS counterparties, including vendors and customers. Understanding the implications of structuring these transactions and reporting using IFRS will require you to have more than a passing knowledge of the differences between IFRS and U.S. GAAP. As both the FASB and IASB continue their standard-setting agendas, you'll need to assess proposals and be concerned about divergence that could impact your financial reporting or audit responsibilities going forward. Courses included: Credit for individual courses purchased can be applied to the full program if purchased within one year. IFRS: Business Combinations (IFRS 3) IFRS: Separate and Consolidated Financial Statements (IFRS 10 & IAS 27) IFRS: Earnings Per Share (IAS 33) IFRS: Fair Value Measurement (IFRS 13) IFRS: Financial Statements, Interim Reporting, and Cash Flows (IAS 1, IAS 34, and IAS 7) IFRS: Financial System Considerations in IFRS IFRS: The Effects of Changes in Foreign Exchange Rates IFRS: Impairment of Non-Financial Assets (IAS 36) IFRS: Income Taxes (IAS 12) IFRS: Intangible Assets (IAS 38) IFRS: Inventories (IAS 2) IFRS: Investment Property (IAS 40) IFRS: Investments in Associates and Joint Arrangements (IAS 28 and IFRS 11) IFRS: Financial Instruments (IFRS 9, IAS 39, IAS 31, and IFRS 7) IFRS: Leases (IAS 17) IFRS: Liabilities, Provisions and Contingencies (IAS 37) IFRS 5: Non-current Assets Held for Sale and Discontinued Operations IFRS: Policies, Changes, Errors; Events After Reporting Date; Related Parties (IAS 8, 10, and 24) IFRS: Property, Plant & Equipment (IAS 16) IFRS: Revenue Recognition (IAS 18 and IAS 11) IFRS: Segment Reporting (IFRS 8) IFRS: Share-based Payments and Employee Benefits, non-pension (IFRS 2 and IAS 19) IFRS: Tax Considerations Beyond IAS 12 IFRS Governance and Conceptual Framework IFRS: The Starting Point (IFRS 1) Who Will Benefit? Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS Learning Objectives Acquire a broad overview of key IFRS definitions and concepts. Obtain proficiency in complex IFRS areas including financial instruments and business combinations. Apply the fundamental principles of IFRS across a range of accounting topics. Understand the accounting impact of the latest standards and amendments issued by the IASB. Key Topics Fair value measurement Intangible assets Financial instruments Leases Revenue recognition Governance and conceptual framework Credit Info CPE CREDITS: Online: 40.5 (CPE credit info) NASBA FIELD OF STUDY: Accounting LEVEL: Basic PREREQUISITES: Familiarity with financial reporting and accounting principles under IFRS ADVANCE PREPARATION: None DELIVERY METHOD: QAS Self-Study COURSE ACRONYM: ICERT2IFRS1 Online Access Instructions A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product. System Requirements AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians. A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam. Supported Operating Systems: Macintosh OS X 10.10 to present Windows 7 to present Supported Browsers: Apple Safari Google Chrome Microsoft Internet Explorer Mozilla Firefox Required Browser Plug-ins: Adobe Flash Adobe Acrobat Reader Technical Support: Please contact service@aicpa.org.
  aicpa cybersecurity risk management framework: IT Audit, Control, and Security Robert R. Moeller, 2010-10-12 When it comes to computer security, the role of auditors today has never been more crucial. Auditors must ensure that all computers, in particular those dealing with e-business, are secure. The only source for information on the combined areas of computer audit, control, and security, the IT Audit, Control, and Security describes the types of internal controls, security, and integrity procedures that management must build into its automated systems. This very timely book provides auditors with the guidance they need to ensure that their systems are secure from both internal and external threats.
  aicpa cybersecurity risk management framework: Cybersecurity Fundamentals for Finance and Accounting Professionals Certificate AICPA, 2019-04-16 The Cybersecurity Fundamentals for Finance and Accounting Professionals Certificate course (15.5 CPE Credits) will help you develop fluency and gain confidence to make sound strategic decisions regarding cybersecurity risk. You’ll also learn what you should be doing as a non-IT professional, to help protect your clients and your organization from cyber threats. Understand cybersecurity—and be part of the solution. The threats from cyber-attacks are real, and can: Disrupt businesses Result in financial losses Destroy an organization's reputation In fact, cybercrime damage costs are expected to hit $6 trillion annually by 2021. Organizations are under pressure to show that they have effective processes in place to detect, mitigate, and recover from cybersecurity events. This certificate course gives you a foundation in cybersecurity so you can provide valuable leadership within your organization—or with your clients. What do you need to know about cybersecurity? You don't have to become an IT expert. But, you do need to be able to speak intelligently and: Understand key elements of the AICPA's cybersecurity risk management reporting framework; Learn the terminology and the right questions to ask; Understand the potential risks and opportunities for your organization or clients; Help advise on investments in cybersecurity or identify roles for cybersecurity specialists; and, Apply a security mindset to your daily work. Gain expertise—and show it with this certificate and digital badge As cybercrime threats grow, it's essential for financial professionals to understanding what the risks are and how mitigate or manage them. This interactive, self-paced certificate program, authored by cybersecurity expert Chris Romeo, will help you acquire these skills so you can: Add value to your organization Create opportunities for your career growth Consider exploring cybersecurity advisory as a specialization for yourself or your firm Who Will Benefit? Finance professionals CFOs and business managers Controllers and internal auditors Management and public accountants Key Topics Cybersecurity terminology and digital transformation Attacks and the security mindset Data breaches and privacy Cybersecurity frameworks including NIST CSF Elements of a cybersecurity risk management program Benefits of investing in cybersecurity Options for cybersecurity service offerings Learning Objectives Recognize the impact of digital transformation on business. Recognize key cybersecurity terms and what it takes to have a security mindset. Recognize the threat landscape and the importance of security to various technologies. Recognize how a data breach occurs and the organizational impact. Recognize the impact to the organization when privacy is compromised. Recognize the definition and purpose of a cybersecurity risk management program and description criteria. Identify which security framework(s) would be best for your organization or client. Identify the five functions described in the core of the NIST Cybersecurity Framework (CSF). Credit Info CPE CREDITS: Online: 15.5 (CPE credit info) NASBA FIELD OF STUDY: Information Technology LEVEL: Basic PREREQUISITES: None ADVANCE PREPARATION: None DELIVERY METHOD: QAS Self-Study COURSE ACRONYM: CSFD Online Access Instructions A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product. System Requirements AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians. A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam. Supported Operating Systems: Macintosh OS X 10.10 to present Windows 7 to present Supported Browsers: Apple Safari Google Chrome Microsoft Internet Explorer Mozilla Firefox Required Browser Plug-ins: Adobe Flash Adobe Acrobat Reader Technical Support: Please contact service@aicpa.org.
  aicpa cybersecurity risk management framework: Soft Computing Applications Valentina Emilia Balas, Lakhmi C. Jain, Marius Mircea Balas, Shahnaz N. Shahbazova, 2020-08-14 This book presents the proceedings of the 8th International Workshop on Soft Computing Applications, SOFA 2018, held on 13–15 September 2018 in Arad, Romania. The workshop was organized by Aurel Vlaicu University of Arad, in conjunction with the Institute of Computer Science, Iasi Branch of the Romanian Academy, IEEE Romanian Section, Romanian Society of Control Engineering and Technical Informatics – Arad Section, General Association of Engineers in Romania – Arad Section and BTM Resources Arad. The papers included in these proceedings, published post-conference, cover the research including Knowledge-Based Technologies for Web Applications, Cloud Computing, Security Algorithms and Computer Networks, Business Process Management, Computational Intelligence in Education and Modelling and Applications in Textiles and many other areas related to the Soft Computing. The book is directed to professors, researchers, and graduate students in area of soft computing techniques and applications.
  aicpa cybersecurity risk management framework: Advances in Accounting Education Thomas G. Calderon, 2023-12-14 Advances in Accounting Education: Teaching and Curriculum Innovations Volume 27 features 11 peer-reviewed papers surrounding the themes of applied professional research and skills building, generative artificial intelligence and analytics in the accounting curriculum then innovative practices in cost accounting and other areas.
  aicpa cybersecurity risk management framework: Managing Cybersecurity Risk Jonathan Reuvid, 2016-11-30 Managing Cybersecurity Risk aims to provide a better understanding of the extent and scale of the potential damage that breaches of security could cause their businesses and to guide senior management in the selection of the appropriate IT strategies, tools, training and staffing necessary for prevention, protection and response.
  aicpa cybersecurity risk management framework: AICPA Professional Standards: Accounting American Institute of Certified Public Accountants, 1974
  aicpa cybersecurity risk management framework: Audit Risk Alert AICPA, 2018-05-11 Developed by a task force consisting of current and former employee benefit plan expert panel members, this alert offers a range of topics such as master trust reporting, cybersecurity, new proposed auditor's reports, electronic information, limited-scope certification, and new auditing standards such as PCAOB AS 3101. The increasing complexity of employee benefit plan auditing and increased focus by the DOL have resulted in significant pressure for CPAs and firms performing EBP audits. To help accountants meet the challenge of performing quality audits in this unique and complex area, the AICPA has developed this alert to assist them in identifying current sources of risk within EBP audit engagements. Accountants will find a targeted discussion on new developments, issues auditors may face in their current audits, as well as a look at what's in the pipeline that may affect your engagements. Key benefits of this work include: Coverage of emerging practice issues, including direct versus indirect investment in fully benefit-responsive investment contracts, readily determinable fair value, disclosures for investments in certain entities that calculate NAV per share (or its equivalent), plan expenses, and repurchase agreements An in-depth look at master trust reporting, electronic information and the new PCAOB auditing standard AS 3101 Analysis of high risk areas specific to defined benefit pension plans, such as pension benefit guaranty corporation premiums and reporting, demographic and economic assumptions, and pension risk management Current developments on health and welfare plans, including health care reform and its effect on employee benefit plans Up-to-date information on regulatory development from both the DOL and IRS
  aicpa cybersecurity risk management framework: Artificial Intelligence in Accounting Othmar M. Lehner, Carina Knoll, 2022-08-05 Artificial intelligence (AI) and Big Data based applications in accounting and auditing have become pervasive in recent years. However, research on the societal implications of the widespread and partly unregulated use of AI and Big Data in several industries remains scarce despite salient and competing utopian and dystopian narratives. This book focuses on the transformation of accounting and auditing based on AI and Big Data. It not only provides a thorough and critical overview of the status-quo and the reports surrounding these technologies, but it also presents a future outlook on the ethical and normative implications concerning opportunities, risks, and limits. The book discusses topics such as future, human-machine collaboration, cybernetic approaches to decision-making, and ethical guidelines for good corporate governance of AI-based algorithms and Big Data in accounting and auditing. It clarifies the issues surrounding the digital transformation in this arena, delineates its boundaries, and highlights the essential issues and debates within and concerning this rapidly developing field. The authors develop a range of analytic approaches to the subject, both appreciative and sceptical, and synthesise new theoretical constructs that make better sense of human-machine collaborations in accounting and auditing. This book offers academics a variety of new research and theory building on digital accounting and auditing from and for accounting and auditing scholars, economists, organisations, and management academics and political and philosophical thinkers. Also, as a landmark work in a new area of current policy interest, it will engage regulators and policy makers, reflective practitioners, and media commentators through its authoritative contributions, editorial framing and discussion, and sector studies and cases.
  aicpa cybersecurity risk management framework: Audit Risk Alert: General Accounting and Auditing Developments 2018/19 AICPA, 2018-11-05 Containing descriptions of all recent auditing, accounting and regulatory developments, this 2018 alert will ensure that accountants have a robust understanding of the business, economic, and regulatory environments in which they and their clients operate. In addition, accountants will gain a full understanding of emerging practice issues, with targeted analysis of new developments and how they may affect their engagements, including: Recent Economic Trends Recent Legislative and PCAOB Developments Developments in Peer Review Recent Ethics Interpretations This useful resource also contains new accounting and auditing guidance related: Derivatives and Hedging Service Concession Agreements Discontinued Operations Stock Compensation
  aicpa cybersecurity risk management framework: The Cybersecurity Workforce of Tomorrow Michael Nizich, 2023-07-31 The Cybersecurity Workforce of Tomorrow discusses the current requirements of the cybersecurity worker and analyses the ways in which these roles may change in the future as attacks from hackers, criminals and enemy states become increasingly sophisticated.
  aicpa cybersecurity risk management framework: Research Anthology on Business Aspects of Cybersecurity Management Association, Information Resources, 2021-10-29 Cybersecurity is vital for all businesses, regardless of sector. With constant threats and potential online dangers, businesses must remain aware of the current research and information available to them in order to protect themselves and their employees. Maintaining tight cybersecurity can be difficult for businesses as there are so many moving parts to contend with, but remaining vigilant and having protective measures and training in place is essential for a successful company. The Research Anthology on Business Aspects of Cybersecurity considers all emerging aspects of cybersecurity in the business sector including frameworks, models, best practices, and emerging areas of interest. This comprehensive reference source is split into three sections with the first discussing audits and risk assessments that businesses can conduct to ensure the security of their systems. The second section covers training and awareness initiatives for staff that promotes a security culture. The final section discusses software and systems that can be used to secure and manage cybersecurity threats. Covering topics such as audit models, security behavior, and insider threats, it is ideal for businesses, business professionals, managers, security analysts, IT specialists, executives, academicians, researchers, computer engineers, graduate students, and practitioners.
  aicpa cybersecurity risk management framework: Government Auditing Standards - 2018 Revision United States Government Accountability Office, 2019-03-24 Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision.
  aicpa cybersecurity risk management framework: Federal Information System Controls Audit Manual (FISCAM) Robert F. Dacey, 2010-11 FISCAM presents a methodology for performing info. system (IS) control audits of governmental entities in accordance with professional standards. FISCAM is designed to be used on financial and performance audits and attestation engagements. The methodology in the FISCAM incorp. the following: (1) A top-down, risk-based approach that considers materiality and significance in determining audit procedures; (2) Evaluation of entitywide controls and their effect on audit risk; (3) Evaluation of general controls and their pervasive impact on bus. process controls; (4) Evaluation of security mgmt. at all levels; (5) Control hierarchy to evaluate IS control weaknesses; (6) Groupings of control categories consistent with the nature of the risk. Illus.
  aicpa cybersecurity risk management framework: Audit and Accounting Manual: Nonauthoritative Practice Aid, 2019 AICPA, 2019-07-11 This comprehensive, step-by-step guide provides a plain-English approach to planning and performing audits. In this handy resource, accountants and auditors will find updates for the issuance of SAS No. 132, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern, with illustrative examples, sample forms and helpful techniques ideal for small- and medium-sized firms Key Features include: Comprehensive and step-by-step guidance on the performance of an audit Numerous alerts that address the current-year developments in a variety of areas Illustrative examples and forms to facilitate hands-on performance of the audit
  aicpa cybersecurity risk management framework: Continuous Auditing David Y. Chan, Victoria Chiu, Miklos A. Vasarhelyi, 2018-03-21 Continuous Auditing provides academics and practitioners with a compilation of select continuous auditing design science research, and it provides readers with an understanding of the underlying theoretical concepts of a continuous audit, ideas on how continuous audit can be applied in practice, and what has and has not worked in research.
  aicpa cybersecurity risk management framework: Stepping Through Cybersecurity Risk Management Jennifer L. Bayuk, 2024-03-26 Stepping Through Cybersecurity Risk Management Authoritative resource delivering the professional practice of cybersecurity from the perspective of enterprise governance and risk management. Stepping Through Cybersecurity Risk Management covers the professional practice of cybersecurity from the perspective of enterprise governance and risk management. It describes the state of the art in cybersecurity risk identification, classification, measurement, remediation, monitoring and reporting. It includes industry standard techniques for examining cybersecurity threat actors, cybersecurity attacks in the context of cybersecurity-related events, technology controls, cybersecurity measures and metrics, cybersecurity issue tracking and analysis, and risk and control assessments. The text provides precise definitions for information relevant to cybersecurity management decisions and recommendations for collecting and consolidating that information in the service of enterprise risk management. The objective is to enable the reader to recognize, understand, and apply risk-relevant information to the analysis, evaluation, and mitigation of cybersecurity risk. A well-rounded resource, the text describes both reports and studies that improve cybersecurity decision support. Composed of 10 chapters, the author provides learning objectives, exercises and quiz questions per chapter in an appendix, with quiz answers and exercise grading criteria available to professors. Written by a highly qualified professional with significant experience in the field, Stepping Through Cybersecurity Risk Management includes information on: Threat actors and networks, attack vectors, event sources, security operations, and CISO risk evaluation criteria with respect to this activity Control process, policy, standard, procedures, automation, and guidelines, along with risk and control self assessment and compliance with regulatory standards Cybersecurity measures and metrics, and corresponding key risk indicators The role of humans in security, including the “three lines of defense” approach, auditing, and overall human risk management Risk appetite, tolerance, and categories, and analysis of alternative security approaches via reports and studies Providing comprehensive coverage on the topic of cybersecurity through the unique lens of perspective of enterprise governance and risk management, Stepping Through Cybersecurity Risk Management is an essential resource for professionals engaged in compliance with diverse business risk appetites, as well as regulatory requirements such as FFIEC, HIIPAA, and GDPR, as well as a comprehensive primer for those new to the field. A complimentary forward by Professor Gene Spafford explains why “This book will be helpful to the newcomer as well as to the hierophants in the C-suite. The newcomer can read this to understand general principles and terms. The C-suite occupants can use the material as a guide to check that their understanding encompasses all it should.”
  aicpa cybersecurity risk management framework: The Cybersecurity Guide to Governance, Risk, and Compliance Jason Edwards, Griffin Weaver, 2024-06-04 Understand and respond to a new generation of cybersecurity threats Cybersecurity has never been a more significant concern of modern businesses, with security breaches and confidential data exposure as potentially existential risks. Managing these risks and maintaining compliance with agreed-upon cybersecurity policies is the focus of Cybersecurity Governance and Risk Management. This field is becoming ever more critical as a result. A wide variety of different roles and categories of business professionals have an urgent need for fluency in the language of cybersecurity risk management. The Cybersecurity Guide to Governance, Risk, and Compliance meets this need with a comprehensive but accessible resource for professionals in every business area. Filled with cutting-edge analysis of the advanced technologies revolutionizing cybersecurity—and increasing key risk factors at the same time—and offering practical strategies for implementing cybersecurity measures, it is a must-own for CISOs, boards of directors, tech professionals, business leaders, regulators, entrepreneurs, researchers, and more. The Cybersecurity Guide to Governance, Risk, and Compliance readers will also find: Over 1300 actionable recommendations found after each section Detailed discussion of topics including AI, cloud, and quantum computing More than 70 ready-to-use KPIs and KRIs This guide's coverage of governance, leadership, legal frameworks, and regulatory nuances ensures organizations can establish resilient cybersecurity postures. Each chapter delivers actionable knowledge, making the guide thorough and practical. — Gary McAlum, CISO. This guide represents the wealth of knowledge and practical insights that Jason and Griffin possess. Designed for professionals across the board, from seasoned cybersecurity veterans to business leaders, auditors, and regulators, this guide integrates the latest technological insights with governance, risk, and compliance (GRC). — Wil Bennett, CISO
  aicpa cybersecurity risk management framework: Strong Security Governance through Integration and Automation Priti Sikdar, 2021-12-23 This book provides step by step directions for organizations to adopt a security and compliance related architecture according to mandatory legal provisions and standards prescribed for their industry, as well as the methodology to maintain the compliances. It sets a unique mechanism for monitoring controls and a dashboard to maintain the level of compliances. It aims at integration and automation to reduce the fatigue of frequent compliance audits and build a standard baseline of controls to comply with the applicable standards and regulations to which the organization is subject. It is a perfect reference book for professionals in the field of IT governance, risk management, and compliance. The book also illustrates the concepts with charts, checklists, and flow diagrams to enable management to map controls with compliances.
  aicpa cybersecurity risk management framework: Developing Cybersecurity Programs and Policies Omar Santos, 2018-07-20 All the Knowledge You Need to Build Cybersecurity Programs and Policies That Work Clearly presents best practices, governance frameworks, and key standards Includes focused coverage of healthcare, finance, and PCI DSS compliance An essential and invaluable guide for leaders, managers, and technical professionals Today, cyberattacks can place entire organizations at risk. Cybersecurity can no longer be delegated to specialists: success requires everyone to work together, from leaders on down. Developing Cybersecurity Programs and Policies offers start-to-finish guidance for establishing effective cybersecurity in any organization. Drawing on more than 20 years of real-world experience, Omar Santos presents realistic best practices for defining policy and governance, ensuring compliance, and collaborating to harden the entire organization. First, Santos shows how to develop workable cybersecurity policies and an effective framework for governing them. Next, he addresses risk management, asset management, and data loss prevention, showing how to align functions from HR to physical security. You’ll discover best practices for securing communications, operations, and access; acquiring, developing, and maintaining technology; and responding to incidents. Santos concludes with detailed coverage of compliance in finance and healthcare, the crucial Payment Card Industry Data Security Standard (PCI DSS) standard, and the NIST Cybersecurity Framework. Whatever your current responsibilities, this guide will help you plan, manage, and lead cybersecurity–and safeguard all the assets that matter. Learn How To · Establish cybersecurity policies and governance that serve your organization’s needs · Integrate cybersecurity program components into a coherent framework for action · Assess, prioritize, and manage security risk throughout the organization · Manage assets and prevent data loss · Work with HR to address human factors in cybersecurity · Harden your facilities and physical environment · Design effective policies for securing communications, operations, and access · Strengthen security throughout the information systems lifecycle · Plan for quick, effective incident response and ensure business continuity · Comply with rigorous regulations in finance and healthcare · Plan for PCI compliance to safely process payments · Explore and apply the guidance provided by the NIST Cybersecurity Framework
  aicpa cybersecurity risk management framework: Cyber Security Auditing, Assurance, and Awareness Through CSAM and CATRAM Sabillon, Regner, 2020-08-07 With the continued progression of technologies such as mobile computing and the internet of things (IoT), cybersecurity has swiftly risen to a prominent field of global interest. This has led to cyberattacks and cybercrime becoming much more sophisticated to a point where cybersecurity can no longer be the exclusive responsibility of an organization’s information technology (IT) unit. Cyber warfare is becoming a national issue and causing various governments to reevaluate the current defense strategies they have in place. Cyber Security Auditing, Assurance, and Awareness Through CSAM and CATRAM provides emerging research exploring the practical aspects of reassessing current cybersecurity measures within organizations and international governments and improving upon them using audit and awareness training models, specifically the Cybersecurity Audit Model (CSAM) and the Cybersecurity Awareness Training Model (CATRAM). The book presents multi-case studies on the development and validation of these models and frameworks and analyzes their implementation and ability to sustain and audit national cybersecurity strategies. Featuring coverage on a broad range of topics such as forensic analysis, digital evidence, and incident management, this book is ideally designed for researchers, developers, policymakers, government officials, strategists, security professionals, educators, security analysts, auditors, and students seeking current research on developing training models within cybersecurity management and awareness.
  aicpa cybersecurity risk management framework: Cyber Breach Response That Actually Works Andrew Gorecki, 2020-06-09 You will be breached—the only question is whether you'll be ready A cyber breach could cost your organization millions of dollars—in 2019, the average cost of a cyber breach for companies was $3.9M, a figure that is increasing 20-30% annually. But effective planning can lessen the impact and duration of an inevitable cyberattack. Cyber Breach Response That Actually Works provides a business-focused methodology that will allow you to address the aftermath of a cyber breach and reduce its impact to your enterprise. This book goes beyond step-by-step instructions for technical staff, focusing on big-picture planning and strategy that makes the most business impact. Inside, you’ll learn what drives cyber incident response and how to build effective incident response capabilities. Expert author Andrew Gorecki delivers a vendor-agnostic approach based on his experience with Fortune 500 organizations. Understand the evolving threat landscape and learn how to address tactical and strategic challenges to build a comprehensive and cohesive cyber breach response program Discover how incident response fits within your overall information security program, including a look at risk management Build a capable incident response team and create an actionable incident response plan to prepare for cyberattacks and minimize their impact to your organization Effectively investigate small and large-scale incidents and recover faster by leveraging proven industry practices Navigate legal issues impacting incident response, including laws and regulations, criminal cases and civil litigation, and types of evidence and their admissibility in court In addition to its valuable breadth of discussion on incident response from a business strategy perspective, Cyber Breach Response That Actually Works offers information on key technology considerations to aid you in building an effective capability and accelerating investigations to ensure your organization can continue business operations during significant cyber events.
  aicpa cybersecurity risk management framework: Measuring and Managing Information Risk Jack Freund, Jack Jones, 2014-08-23 Using the factor analysis of information risk (FAIR) methodology developed over ten years and adopted by corporations worldwide, Measuring and Managing Information Risk provides a proven and credible framework for understanding, measuring, and analyzing information risk of any size or complexity. Intended for organizations that need to either build a risk management program from the ground up or strengthen an existing one, this book provides a unique and fresh perspective on how to do a basic quantitative risk analysis. Covering such key areas as risk theory, risk calculation, scenario modeling, and communicating risk within the organization, Measuring and Managing Information Risk helps managers make better business decisions by understanding their organizational risk. - Uses factor analysis of information risk (FAIR) as a methodology for measuring and managing risk in any organization. - Carefully balances theory with practical applicability and relevant stories of successful implementation. - Includes examples from a wide variety of businesses and situations presented in an accessible writing style.
  aicpa cybersecurity risk management framework: Cybersecurity Damien Van Puyvelde, Aaron F. Brantly, 2024-09-27 In the last decade, the proliferation of billions of new Internet-enabled devices and users has significantly expanded concerns about cybersecurity. How much should we worry about cyber threats and their impact on our lives, society and international affairs? Are these security concerns real, exaggerated or just poorly understood? In this fully revised and updated second edition of their popular text, Damien Van Puyvelde and Aaron F. Brantly provide a cutting-edge introduction to the key concepts, controversies and policy debates in cybersecurity today. Exploring the interactions of individuals, groups and states in cyberspace, and the integrated security risks to which these give rise, they examine cyberspace as a complex socio-technical-economic domain that fosters both great potential and peril. Across its ten chapters, the book explores the complexities and challenges of cybersecurity using new case studies – such as NotPetya and Colonial Pipeline – to highlight the evolution of attacks that can exploit and damage individual systems and critical infrastructures. This edition also includes “reader’s guides” and active-learning exercises, in addition to questions for group discussion. Cybersecurity is essential reading for anyone interested in understanding the challenges and opportunities presented by the continued expansion of cyberspace.
  aicpa cybersecurity risk management framework: Taxation in Ghana: a Fiscal Policy Tool for Development Dr. George Appiah-Sokye, 2021-07-01 The first edition of this book-Taxation in Ghana: A Fiscal Policy Tool for Development- is the product of considerable tax research from 1943 to 2018, spanning a period of 75 years and grounded in knowledge and concepts; as well as, applications through an extended period of tax practice, teaching and learning; combined with international exposure. A lot of insights have been illuminated based on lessons learned and drawn from other countries, including the United States of America to enrich the contents. Against the backdrop of the dynamic nature of taxation and fiscal policy. Most of the existing taxation books in Ghana focused on tax practice. So, the purpose of this book is to bridge the taxation scholarship gap. In addition to traditionally-treated topics in most taxation books in Ghana, the novelty in this book is the inclusion of important topics on tax planning, tax reforms, and tax administration, and many more. As a result, specific recommendations have been proffered for the consideration of policy makers in developing countries. References and Acts of Parliament; supported by appendices have been provided for further studies on the subject. A true story of the first major oil discovery in Ghana by Mr. George Yaw Owusu with M. Rutledge McCall published 2017 in the United States of America: In Pursuit of JUBILEE was used to enrich the discussion on petroleum (Oil and Gas) in Chapter 48 of this textbook. Additionally, Apostle Professor Opoku Onyinah of the Church of Pentecost has been presented for his phenomenal transformational leadership in Africa in Chapter 66. The book has been designed for: (1) Individual study, (2) Group study, (3) Lecture material, (4) Policy Manual, and (5) library or reference.
  aicpa cybersecurity risk management framework: Cybersecurity in the Digital Age Gregory A. Garrett, 2018-12-26 Produced by a team of 14 cybersecurity experts from five countries, Cybersecurity in the Digital Age is ideally structured to help everyone—from the novice to the experienced professional—understand and apply both the strategic concepts as well as the tools, tactics, and techniques of cybersecurity. Among the vital areas covered by this team of highly regarded experts are: Cybersecurity for the C-suite and Board of Directors Cybersecurity risk management framework comparisons Cybersecurity identity and access management – tools & techniques Vulnerability assessment and penetration testing – tools & best practices Monitoring, detection, and response (MDR) – tools & best practices Cybersecurity in the financial services industry Cybersecurity in the healthcare services industry Cybersecurity for public sector and government contractors ISO 27001 certification – lessons learned and best practices With Cybersecurity in the Digital Age, you immediately access the tools and best practices you need to manage: Threat intelligence Cyber vulnerability Penetration testing Risk management Monitoring defense Response strategies And more! Are you prepared to defend against a cyber attack? Based entirely on real-world experience, and intended to empower you with the practical resources you need today, Cybersecurity in the Digital Age delivers: Process diagrams Charts Time-saving tables Relevant figures Lists of key actions and best practices And more! The expert authors of Cybersecurity in the Digital Age have held positions as Chief Information Officer, Chief Information Technology Risk Officer, Chief Information Security Officer, Data Privacy Officer, Chief Compliance Officer, and Chief Operating Officer. Together, they deliver proven practical guidance you can immediately implement at the highest levels.
  aicpa cybersecurity risk management framework: Building an Effective Cybersecurity Program, 2nd Edition Tari Schreider, 2019-10-22 BUILD YOUR CYBERSECURITY PROGRAM WITH THIS COMPLETELY UPDATED GUIDE Security practitioners now have a comprehensive blueprint to build their cybersecurity programs. Building an Effective Cybersecurity Program (2nd Edition) instructs security architects, security managers, and security engineers how to properly construct effective cybersecurity programs using contemporary architectures, frameworks, and models. This comprehensive book is the result of the author’s professional experience and involvement in designing and deploying hundreds of cybersecurity programs. The extensive content includes: Recommended design approaches, Program structure, Cybersecurity technologies, Governance Policies, Vulnerability, Threat and intelligence capabilities, Risk management, Defense-in-depth, DevSecOps, Service management, …and much more! The book is presented as a practical roadmap detailing each step required for you to build your effective cybersecurity program. It also provides many design templates to assist in program builds and all chapters include self-study questions to gauge your progress.</p> <p>With this new 2nd edition of this handbook, you can move forward confidently, trusting that Schreider is recommending the best components of a cybersecurity program for you. In addition, the book provides hundreds of citations and references allow you to dig deeper as you explore specific topics relevant to your organization or your studies. Whether you are a new manager or current manager involved in your organization’s cybersecurity program, this book will answer many questions you have on what is involved in building a program. You will be able to get up to speed quickly on program development practices and have a roadmap to follow in building or improving your organization’s cybersecurity program. If you are new to cybersecurity in the short period of time it will take you to read this book, you can be the smartest person in the room grasping the complexities of your organization’s cybersecurity program. If you are a manager already involved in your organization’s cybersecurity program, you have much to gain from reading this book. This book will become your go to field manual guiding or affirming your program decisions.
  aicpa cybersecurity risk management framework: Non-financial Disclosure and Integrated Reporting Lino Cinquini, Francesco De Luca, 2022-02-18 The increasingly crucial role of companies’ non-financial disclosure (NFD) and integrated reporting (IR) has led to a lively debate among academics, practitioners, and regulators on the approaches, framework, contents, principles, and standards that should oversee these forms of reporting. Through several expert contributions, conducted both with qualitative and quantitative methodologies, this book provides an up-to-date portrait of the debate by exploring corporate NFD either in its mandated contents or voluntary information. Contributing authors provide studies that encompass the different lines of NFD, namely non-financial risk reporting, sustainability reporting, and intellectual capital reporting, as well as the integration of financial and non-financial information through IR, the assurance of the NFD and IR through auditing activities, and the role of management and CFOs in NFD and IR.
  aicpa cybersecurity risk management framework: Encyclopedia of Organizational Knowledge, Administration, and Technology Khosrow-Pour D.B.A., Mehdi, 2020-09-29 For any organization to be successful, it must operate in such a manner that knowledge and information, human resources, and technology are continually taken into consideration and managed effectively. Business concepts are always present regardless of the field or industry – in education, government, healthcare, not-for-profit, engineering, hospitality/tourism, among others. Maintaining organizational awareness and a strategic frame of mind is critical to meeting goals, gaining competitive advantage, and ultimately ensuring sustainability. The Encyclopedia of Organizational Knowledge, Administration, and Technology is an inaugural five-volume publication that offers 193 completely new and previously unpublished articles authored by leading experts on the latest concepts, issues, challenges, innovations, and opportunities covering all aspects of modern organizations. Moreover, it is comprised of content that highlights major breakthroughs, discoveries, and authoritative research results as they pertain to all aspects of organizational growth and development including methodologies that can help companies thrive and analytical tools that assess an organization’s internal health and performance. Insights are offered in key topics such as organizational structure, strategic leadership, information technology management, and business analytics, among others. The knowledge compiled in this publication is designed for entrepreneurs, managers, executives, investors, economic analysts, computer engineers, software programmers, human resource departments, and other industry professionals seeking to understand the latest tools to emerge from this field and who are looking to incorporate them in their practice. Additionally, academicians, researchers, and students in fields that include but are not limited to business, management science, organizational development, entrepreneurship, sociology, corporate psychology, computer science, and information technology will benefit from the research compiled within this publication.
  aicpa cybersecurity risk management framework: Creating a National Framework for Cybersecurity Eric A. Fischer, 2009 Even before the terrorist attacks of September 2001, concerns had been rising among security experts about the vulnerabilities to attack of computer systems and associated infrastructure. Yet, despite increasing attention from federal and state governments and international organisations, the defence against attacks on these systems has appeared to be generally fragmented and varying widely in effectiveness. Concerns have grown that what is needed is a national cybersecurity framework a co-ordinated, coherent set of public- and private-sector efforts required to ensure an acceptable level of cybersecurity for the nation. As commonly used, cybersecurity refers to three things: measures to protect information technology; the information it contains, processes, and transmits, and associated physical and virtual elements (which together comprise cyberspace); the degree of protection resulting from application of those measures; and the associated field of professional endeavour. Virtually any element of cyberspace can be at risk, and the degree of interconnection of those elements can make it difficult to determine the extent of the cybersecurity framework that is needed. Identifying the major weaknesses in U.S. cybersecurity is an area of some controversy. However, some components appear to be sources of potentially significant risk because either major vulnerabilities have been identified or substantial impacts could result from a successful attack in particular, components that play critical roles in elements of critical infrastructure, widely used commercial software, organisational governance, and the level of public knowledge and perception about cybersecurity. This book addresses each of those questions in turn.
  aicpa cybersecurity risk management framework: Essentials of Personal Financial Planning Susan M. Tillery, Thomas N. Tillery, 2018-09-21 ESSENTIALS OF PERSONAL FINANCIAL PLANNING Essentials of Personal Financial Planning was written to challenge the status quo by promoting personal financial planning (PFP) as a profession, not as a sales tool to gather assets under management or facilitate sales of insurance products. The book takes a comprehensive and integrated approach to PFP for accounting students, allowing them to view the profession through the lens of a CPA – with integrity and objectivity. This book systematically introduces the essentials of all the major PFP topics (estate, retirement, investments, insurance, and tax), as well as: The PFP process, concepts and regulatory environment. Professional responsibilities of a CPA personal financial planner and the requirements of the Statement on Standards in PFP Services. Time value of money concepts. The book then builds on these foundational concepts, showing their interconnectivity and professional opportunities, to provide a deeper understanding of PFP and its application. After reading this book, students will be able to apply the knowledge and skills gained from this course to have an immediate and long-term positive impact for themselves and for the clients they serve.
  aicpa cybersecurity risk management framework: Forensic Accounting and Financial Statement Fraud, Volume II Zabihollah Rezaee, 2019-04-03 Forensic accounting is gaining considerable attention as a rewarding and exciting field of accounting. Forensic accountants perform both fraud and non-fraud services. The American Institute of Certified Public Accountants (AICPA) released its proposed new standards for its members who perform investigation and litigation forensic accounting services in December 2018. This second volume addresses fraud and non-fraud forensic accounting practice and performance. The author discusses forensic accounting roles and processes; forensic accounting techniques roles and responsibilities of corporate gatekeepers, including forensic accountants in creating a corporate culture of integrity and competency in preventing and discovering financial statement fraud. Also presented are challenges and opportunities in forensic accounting, and emerging issues in fraud investigation.
  aicpa cybersecurity risk management framework: Cybersecurity in Humanities and Social Sciences Hugo Loiseau, Daniel Ventre, Hartmut Aden, 2020-10-09 The humanities and social sciences are interested in the cybersecurity object since its emergence in the security debates, at the beginning of the 2000s. This scientific production is thus still relatively young, but diversified, mobilizing at the same time political science, international relations, sociology , law, information science, security studies, surveillance studies, strategic studies, polemology. There is, however, no actual cybersecurity studies. After two decades of scientific production on this subject, we thought it essential to take stock of the research methods that could be mobilized, imagined and invented by the researchers. The research methodology on the subject cybersecurity has, paradoxically, been the subject of relatively few publications to date. This dimension is essential. It is the initial phase by which any researcher, seasoned or young doctoral student, must pass, to define his subject of study, delimit the contours, ask the research questions, and choose the methods of treatment. It is this methodological dimension that our book proposes to treat. The questions the authors were asked to answer were: how can cybersecurity be defined? What disciplines in the humanities and social sciences are studying, and how, cybersecurity? What is the place of pluralism or interdisciplinarity? How are the research topics chosen, the questions defined? How, concretely, to study cybersecurity: tools, methods, theories, organization of research, research fields, data ...? How are discipline-specific theories useful for understanding and studying cybersecurity? Has cybersecurity had an impact on scientific theories?
  aicpa cybersecurity risk management framework: Global Perspectives on Information Security Regulations: Compliance, Controls, and Assurance Francia III, Guillermo A., Zanzig, Jeffrey S., 2022-05-27 Recent decades have seen a proliferation of cybersecurity guidance in the form of government regulations and standards with which organizations must comply. As society becomes more heavily dependent on cyberspace, increasing levels of security measures will need to be established and maintained to protect the confidentiality, integrity, and availability of information. Global Perspectives on Information Security Regulations: Compliance, Controls, and Assurance summarizes current cybersecurity guidance and provides a compendium of innovative and state-of-the-art compliance and assurance practices and tools. It provides a synopsis of current cybersecurity guidance that organizations should consider so that management and their auditors can regularly evaluate their extent of compliance. Covering topics such as cybersecurity laws, deepfakes, and information protection, this premier reference source is an excellent resource for cybersecurity consultants and professionals, IT specialists, business leaders and managers, government officials, faculty and administration of both K-12 and higher education, libraries, students and educators of higher education, researchers, and academicians.
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On April 24, 2017, the AICPA released its cybersecurity attestation reporting framework (SOC for Cybersecurity), which is intended to expand cyber risk reporting to address the marketplace …

Cybersecurity risk management oversight and reporting
Read the transcript to learn how your organization can use enhanced cybersecurity risk management reporting to increase transparency; gain credibility, confidence, and trust over …

The CPA’s Role in Addressing Cybersecurity Risk - Center for …
THE CYBERSECURITY RISK MANAGEMENT REPORTING FRAMEWORK The AICPA has developed an entity-level cybersecurity reporting framework through which organizations can …

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the effectiveness of an entity’s cybersecurity risk management program, the AICPA’s framework can be applied to any cybersecurity control structure that management has adopted as long as …

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SOC for Cybersecurity Brochure - Alloy Silverstein
Using the AICPA’s SOC for Cybersecurity framework, CPAs can provide assurance over the effectiveness of controls within your organization’s cybersecurity risk management program, …

Audit Alert: AICPA introduces cybersecurity risk management …
May 4, 2017 · The AICPA introduced a new cybersecurity risk management reporting framework, which will create a common language that can be used to communicate about, and report on, …

A Proactive and Pragmatic Approach to Cyber Risk Management
Key Elements of the AICPA’s Cybersecurity Framework There are three key elements of the AIC-PA’s cybersecurity attestation reporting framework: 1. Management’s description of the enti …

SOC for cybersecurity - hermesnetwork.cloud
American Institute of CPAs (AICPA) has developed a cybersecurity risk management reporting framework. Using it, organizations can communicate pertinent information regarding their …

CYBERSECURITY - Center for Audit Quality
One example is the cybersecurity risk management reporting framework developed by the American Institute of CPAs (AICPA).2 The framework enables CPAs to examine and report on …

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Help Shape the AICPA’s Cybersecurity Risk Management Initiati
Help Shape the AICPA’s Cybersecurity Risk Management Initiative Background Given the immense scale and complexity of the cybersecurity challenge, every sector of the economy, …

0417 CyberSecurity FactSheet - thecaq.org
In response to growing challenges related to cybersecurity risk management, the American Institute of CPAs (AICPA)1 developed an entity-level cybersecurity reporting framework that …

Overview of Cybersecurity Risk Management Reporting …
AICPA Auditing Standards Board (ASB) to develop Reporting on an Entity’s Cybersecurity Risk Management Program and Controls, an attestation guide to assist CPAs on how to perform and …

DESCRIPTION CRITERIA FOR MANAGEMENT’S …
.01 The AICPA ASEC, through its Cybersecurity Working Group, has developed a set of benchmarks, known as description criteria, to be used when preparing and evaluating the presentation of a …

SOC for Cybersecurity An overview of the AICPA’s …
On April 24, 2017, the AICPA released its cybersecurity attestation reporting framework (SOC for Cybersecurity), which is intended to expand cyber risk reporting to address the marketplace …

Cybersecurity risk management oversight and reporting
Read the transcript to learn how your organization can use enhanced cybersecurity risk management reporting to increase transparency; gain credibility, confidence, and trust over the …

The CPA’s Role in Addressing Cybersecurity Risk - Center for …
THE CYBERSECURITY RISK MANAGEMENT REPORTING FRAMEWORK The AICPA has developed an entity-level cybersecurity reporting framework through which organizations can communicate …

cyber reporting The AICPA cybersecurity risk one year later
the effectiveness of an entity’s cybersecurity risk management program, the AICPA’s framework can be applied to any cybersecurity control structure that management has adopted as long as …

Aicpa Cybersecurity Risk Management Framework (PDF)
Aicpa Cybersecurity Risk Management Framework: Guide: Reporting on an Entity's Cybersecurity Risk Management Program and Controls, 2017 AICPA,2017-06-12 Created by the AICPA this …

Appendix G: Illustrative Cybersecurity Risk Management …
Although the AICPA Guide Reporting on an Entity's Cybersecurity Risk Man-agement Program and Controls describes the components of a cybersecurity risk management report and the …

SOC for Cybersecurity Brochure - Alloy Silverstein
Using the AICPA’s SOC for Cybersecurity framework, CPAs can provide assurance over the effectiveness of controls within your organization’s cybersecurity risk management program, …

Audit Alert: AICPA introduces cybersecurity risk …
May 4, 2017 · The AICPA introduced a new cybersecurity risk management reporting framework, which will create a common language that can be used to communicate about, and report on, …

A Proactive and Pragmatic Approach to Cyber Risk …
Key Elements of the AICPA’s Cybersecurity Framework There are three key elements of the AIC-PA’s cybersecurity attestation reporting framework: 1. Management’s description of the enti-ty’s …

SOC for cybersecurity - hermesnetwork.cloud
American Institute of CPAs (AICPA) has developed a cybersecurity risk management reporting framework. Using it, organizations can communicate pertinent information regarding their …

CYBERSECURITY - Center for Audit Quality
One example is the cybersecurity risk management reporting framework developed by the American Institute of CPAs (AICPA).2 The framework enables CPAs to examine and report on management …

Aicpa Cybersecurity Risk Management Framework …
Aicpa Cybersecurity Risk Management Framework: Guide: Reporting on an Entity's Cybersecurity Risk Management Program and Controls, 2017 AICPA,2017-06-12 Created by the AICPA this …

CYBER - schellman.com
In April 2017, the AICPA introduced a cybersecurity risk management reporting framework called System and Organization Controls (SOC) for Cybersecurity to help organizations communicate …

Preliminary Cybersecurity Framework - National Institute of …
By providing clarity on the level at which cybersecurity objectives integrate into an organizations' Enterprise Risk Management (ERM) framework, the relationship between cybersecurity and …

United States Government Accountability Office - new.frcog.org
Aicpa Cybersecurity Risk Management Framework: Guide: Reporting on an Entity's Cybersecurity Risk Management Program and Controls, 2017 AICPA,2017-06-12 Created by the AICPA this …

Aicpa Cybersecurity Framework
cybersecurity risk management reporting framework; Learn the terminology and the right questions to ask; Understand the potential risks and opportunities for your organization or clients; Help …

Help Shape the AICPA’s Cybersecurity Risk Management …
Help Shape the AICPA’s Cybersecurity Risk Management Initiative Background Given the immense scale and complexity of the cybersecurity challenge, every sector of the economy, public and …

0417 CyberSecurity FactSheet - thecaq.org
In response to growing challenges related to cybersecurity risk management, the American Institute of CPAs (AICPA)1 developed an entity-level cybersecurity reporting framework that …