Are we really at risk here in west virginia

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Reference no: EM132131716

Setting: You're a junior accountant for a steel manufacturing firm in West Virginia, with $3 billion in revenues in 2016.

You're sitting in a budget meeting as the assistant to the CFO. The meeting is with the executive budget committee for your employer.

During the meeting a Vice President of International Sales states a question. "Why are we spending $75 million on technology and IT security?

We're not selling on the internet and our customers are just auto manufacturers and industrial parts. Couldn't we cut back? Are we really at risk here in West Virginia?

Honestly, what could happen?" The CFO pauses and asks that we address this issue in Friday's meeting.

Question: The CFO asks you to draft a memo addressing the VP's question. You may use any resources to support your response.

Reference no: EM132131716

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