Senior Honors Projects, 2010-2019
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Date of Graduation
Fall 2015
Document Type
Thesis
Degree Name
Bachelor of Business Administration (BBA)
Department
School of Accounting
Advisor(s)
Sandra Cereola
Abstract
On October 13, 2011, the U.S. Securities and Exchange Commission issued a guidance on corporate disclosure of cyber-risks and information security breaches (SEC, 2011). To determine if a company disclosed information on the breach, I reviewed the company’s risk factors, management’s discussion and analysis of financial conditions and results of operations, description of the business, legal proceedings, financial statement disclosures, and disclosure controls and procedures. However, the disclosure regulations from this guidance are vague and thus do little to force disclosure of valuable information. The guidance has led to companies disclosing ambiguous, generic risk factors that can be applied to any business in any industry (Ferraro, 2014).
Recommended Citation
Jin, Jingjing, "Cybersecurity disclosure effectiveness on public companies" (2015). Senior Honors Projects, 2010-2019. 1.
https://commons.lib.jmu.edu/honors201019/1
Included in
Accounting Commons, Business and Corporate Communications Commons, Business Law, Public Responsibility, and Ethics Commons