Assessing Cybersecurity Risks with COSO Framework

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Assessing Cybersecurity Risks with COSO Framework

Summary of the Article Viewing Cybersecurity

Insecurity has become a huge threat in the current world. It threatens the security and stability of organizations and their assets. Several initiatives have been formulated to curb the rise of the vice, but few success stories have been reported. Indeed, a rise in security companies is indicative of the steps and the seriousness that corporations and individuals have on eliminating this threat. However, physical insecurity is outdated as criminals move to continue their trade on the internet. This follows the increase in the use of the internet and its products. In truth, several economic activities such as banking, shopping and even storage of valuable information is done on the internet. The movement from analogue to…