Course Description

Synopsis:

Ransomware incidents are no longer just an IT issue, they are a significant business and financial risk that can impact audits, compliance obligations and organisational resilience. This course equips professionals with a practical understanding of the evolving cybersecurity threat landscape, how ransomware incidents may trigger NOCLAR considerations under ISCA EP100, and the resulting implications on financial reporting and audits.

Participants will gain insights into the responsibilities of management, auditors and key stakeholders during a ransomware incident, including incident response, regulatory reporting obligations and engagement with forensic specialists. Through practical guidance and real-world considerations, this course helps professionals better prepare for and respond to cybersecurity incidents while working effectively with auditors, regulators and governance stakeholders.

Intended For:

Audit Professionals / PAIP
Finance Professionals / PAIB
C-suite & Directors
Business Owners

Competency Mapping:

CPE Category 2 = 0.5 CPE Hour

Cybersecurity Threat Landscape and Impact to the Financial Audit
Ransomware Incident Response and Regulatory Reporting and Disclosures

Slides - Ransomware Incidents and Impact on the Audit

Ramesh Moosa

Ramesh Moosa has more than 25 years of experience in providing forensic investigation, dispute and litigation support, expert witness, digital forensics and eDiscovery, data analytics and cybersecurity services across geographies including the US, Greater China, and other Asia-Pacific countries.His investigative experience spans enforcement cases by the Singapore Exchange, US Securities and Exchange Commission, US Department of Justice, Monetary Authority of Singapore, HK Monetary Authority, HK Securities and Futures Commission and the HK Competition Commission. He has also provided digital forensics and eDiscovery services to regulatory bodies, in support of enforcement raids. He has provided expert testimony in the High Court of the Hong Kong SAR and prepared expert reports for cases at the High Court of Singapore and the Singapore International Arbitration Centre.Prior to joining a Big Four accounting firm in 2000, Ramesh was a Senior Officer in the Singapore Police Force. He is a founding council member of the Association of Information Security Professionals. Ramesh holds an MBA and an Engineering degree, CPA and CFE qualifications and is a fellow at the Singapore Institute of Arbitrators. He is fluent in English and Mandarin.

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