The SEC released an investigative report addressing cyber threats that companies should consider when implementing internal accounting controls.  The report stems from SEC investigations into alleged cyber fraud perpetrated against nine public companies.  According to the SEC, personnel from these companies received emails from perpetrators posing as company executives or vendors asking that large sums of money be sent to bank accounts belonging to the perpetrators.  The SEC is not pursuing enforcement actions against the targets of the investigation at this time.  The SEC concluded in its report that public companies must maintain adequate internal accounting controls and should consider cyber threats when doing so.

SEC Press Release

SEC Report