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posted by Fnord666 on Sunday February 25 2018, @10:50AM   Printer-friendly
from the stock-trading-in-the-age-of-cybercrime dept.

Arthur T Knackerbracket has found the following story:

The US Securities and Exchange Commission on Wednesday issued new guidance on how and when public companies should disclose cybersecurity risks and breaches.

The "interpretive guidance" document (PDF) urges informing investors of risks in a timely fashion, including vulnerabilities that have not yet been targeted by hackers. The guidance also says executives should refrain from trading in the company's stock while in possession of nonpublic information about significant cybersecurity attacks.

The commission, which unanimously approved the updated guidance, believes the document will help "promote clearer and more robust disclosure by companies about cybersecurity risks and incidents, resulting in more complete information being available to investors," SEC Chairman Jon Clayton said in a statement.


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  • (Score: -1, Offtopic) by Anonymous Coward on Sunday February 25 2018, @12:00PM

    by Anonymous Coward on Sunday February 25 2018, @12:00PM (#643421)

    let's talk about my adorable pet mule who carries my loads.

  • (Score: 3, Touché) by captain normal on Sunday February 25 2018, @05:03PM

    by captain normal (2205) on Sunday February 25 2018, @05:03PM (#643485)

    If you use, operate or do business on any device connected to any network, or in any way relate to any organization that is connected to any network. You can and probably will be pawned.

    --
    When life isn't going right, go left.
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