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SEC Calls for Better Accounting Controls as Cyber Scams Increase

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October 18, 2018
OODA Loop
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“Public companies that are easy targets of cyber scams could be in violation of accounting rules that call for firms to safeguard assets, the Securities and Exchange Commission said Tuesday. The SEC said in an investigative report that nine public companies wired nearly $100 million to hackers who impersonated corporate

Via OODA Loop