Public companies must now disclose breaches within 4 days

Public organisations in the US impacted by a cyberattack will now have to disclose it within four days…with some caveats attached. On Wednesday, new rules were approved by the US Securities and Exchange Commission SEC. These rules mean that publicly traded companies will need to reveal said attac...

New SEC Rules Require U.S. Companies to Reveal Cyber Attacks Within 4 Days

The U.S. Securities and Exchange Commission SEC on Wednesday approved new rules that require publicly traded companies to publicize details of a cyber attack within four days of identifying that it has a "material" impact on their finances, marking a major shift in how computer breaches are...

The Next Security Scandal Will Be An Attack on High Frequency Trading Systems

The U.S. Securities and Exchange Commission voted on Tuesday to impose new rules to help oversee what experts warn is a burgeoning and little understood shadow market of ultra high-speed, computer based trading. But one security expert warns that new reporting rules are only part of the problem...