Cyber Threats & Climate Change – New Disclosure Considerations

Posted by Alex Roweon Mon, Mar 25, 2013 @ 12:11 PM

With new elements of business constantly emerging, controversy arises over what are considered material risks when it comes to financial reporting. The public is beginning to demand that companies disclose liabilities regarding cyber threats and even climate change. Normally these topics are avoided in reports, as they are highly subjective and can sway opinions easily. But this is the first proxy season that shareholders are asking for detailed disclosure on the topics. 

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Tags: financial reporting, cyber threats, proxy season, fast, BATO, shareholders, material risks, Vibato, SEC, transparency, climate change