Government
Oct. 18, 2011
SEC issues guidelines on cyber attacks
Following a rash of cyber attacks on major companies, the Securities and Exchange Commission issued guidelines Thursday for how companies should disclose information about such attacks to the public.
By Jill Redhage
Daily Journal Staff Writer
Following a rash of cyber attacks on major companies such as Google Inc., Lockheed Martin Corp. and Paypal. Inc., the Securities and Exchange Commission issued guidelines Thursday for how companies should disclose information about such attacks to the public.
The commission advised that if data breaches lead to losses, companies should disclose them. However, companies don't have to detail their plans to protect themselves s...
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