Cyber Risks Drawing Increased Scrutiny in Public Company Transition

Cybersecurity risks and disclosures have not been top-of-mind for companies preparing for an initial public offering, but with the changing risk landscape, they absolutely must be. Regulators are doing everything in their power to signal that public companies need to pay attention to this large and growing risk, and external auditors are increasing their focus on cybersecurity as part of Sarbanes-Oxley 404 testing efforts.

In this article, Protiviti Managing Directors Nicholas Spinks and David Taylor explain how important it is to sharpen the focus on cyber risks and offer a four-step approach to enhancing an organization’s public company transition planning process.