While the advances in technology create efficiency, the massive amount of sensitive information which is stored online proliferates our risk of a data breach. Our information is increasingly vulnerable and we are in the precarious spot of having our business and personal data exposed— whether we like it or not. However, attempts to regulate activities on the internet through territorial jurisdiction will be problematic because cyberspace and e-commerce are inherently international. What are the implications of this for industry and commerce and what does this mean for the accounting profession?
Publication Date: June 2022
Designed For
Professionals in public practice, business, government, and education who wish to be knowledgeable about cybersecurity and how more restrictive data laws are being implemented across the United States.
Topics Covered
- What/who runs the internet?
- What are the vulnerabilities and technological challenges?
- What is private information?
- What are the trends with Information Security?
- General Data Protection Regulation (GDRP) framework
- Changing legal landscape in the United States
Learning Objectives
- Recognize how the internet is structured and how it is governed
- Identify personally identifiable information (PPI)
- Describe how to interpret legal changes may impact the approach companies take to secure, store, utilize, and retain PPI
- Recognize an example of a website on the Dark Web
- Identify the approximate cost of a hacked Facebook account on the Dark Web
- Identify the practice of presenting oneself as someone else in order to obtain private information
- Describe a psychological tactic, with respect to social engineering
- Identify how many username and password combinations people manage on average, based on the World Economic Forum
Level
Intermediate
Instructional Method
Self-Study
NASBA Field of Study
Information Technology (2 hours)
Program Prerequisites
Basic understanding of accounting and audit standards.
Advance Preparation
None
Instructor
Cory Campbell
Cory Campbell is an Associate Professor of Accounting at Indiana State University. His teaching and research interests lie at the intersection between accounting and technology. He facilitates CPE workshops for the Indiana CPA Society on various emerging technologies and has been a subject matter expert for the AICPA on blockchain technology, data analytics, and cybersecurity. Cory is also a principal at GRC Metrix, a consulting firm that focuses on digital transformation.