cyber attack disclosure News

Cybersecurity Is Corporate America’s Job

Barack Obama wants to prod corporations into addressing their cybersecurity weaknesses and he used his State of the Union speech last night to do just that. Obama also placed responsibility for inaction and any damage from future attacks on the …

Lawmakers Seek Details on Financial Services Firms’ Data Breaches

Leading Democrats in both houses of Congress sent letters on Tuesday to 16 major banks and other financial firms requesting detailed information about recent data breaches and briefings from corporate data security officials. Among the companies targeted in letters sent …

TSC Advantage Enhances Cyber Assessment Technology for Insurers

TSC Advantage, an enterprise risk consultancy, has enhanced its cyber risk assessment Threat Vector Manager (TVM) technology for commercial organizations, critical infrastructure and the public sector. In addition, through its partnership with global insurance underwriters and brokers, TSC Advantage said …

Chinese Hacking Raises Cyber Attack Disclosure Issue for Companies

Three U.S. public companies identified as Chinese hacking victims didn’t report the theft of trade secrets and other data to investors, despite rules designed to disclose significant events. Two of the companies — aluminum maker Alcoa Inc. and metals supplier …

Major Companies Keeping Cyber Attacks Secret from SEC, Investors: Report

At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures. Top U.S. cybersecurity officials believe corporate hacking …