Regulators Tighten Scrutiny of Data Breach Disclosures by Companies
Companies must pay closer attention to what they say after hackers strike, lawyers warn, as regulators crack down on inaccurate disclosures and Congress debates mandatory reporting of cybersecurity breaches.
Several regulatory actions in recent weeks have focused on breach notifications, media statements and investor communications issued by companies after incidents that watchdogs say were deceptive.
Full article: Regulators Tighten Scrutiny of Data Breach Disclosures by Companies – WSJ