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U.S. rule requires public companies to disclose cybersecurity breaches in 4 days (www.ctvnews.ca)

submitted 1 year ago by [email protected] to c/[email protected]

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U.S. rule requires public companies to disclose cybersecurity breaches in 4 days::The Securities and Exchange Commission adopted rules Wednesday to require public companies to disclose within four days all cybersecurity breaches that could affect their bottom lines. Delays will be permitted if immediate disclosure poses serious national security or public safety risks.

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[–] [email protected] 3 points 1 year ago

Public companies, really? They only managed to gather political will to impose that with securities in mind?