Geek-Guy.com

Category: Data Breach, Regulation

Lesson from latest SEC fine for not completely disclosing data breach details: ‘Be truthful’

A $3.55 million civil penalty levied this week by a US financial regulator against a Michigan bank for filing misleading statements about the theft of 1.5 million people’s data is a reminder to leaders of all organizations to be upfront about cyber incidents. “The message is, ‘Be truthful with your disclosures,’” said Bob Zukis, executive…

WordPress Appliance - Powered by TurnKey Linux