Advisen has released report titled, “A New Era in Information Security and Cyber Liability Risk Management: A Survey on Enterprise-wide Cyber Risk Management Practices,” which summarizes the results of a survey of over 500 risk management professionals. More than 60 percent of the survey participants work for companies with annual revenues exceeding $1 Billion a year … Continue Reading
The SEC released a guidance document on October 13, 2011, which set forth the views of the Division of Corporation Finance regarding disclosure obligations relating to cybersecurity risks and incidents. Even though there is no disclosure requirement specific to cybersecurity risks and incidents, information about such incidents and their effects may need to be disclosed … Continue Reading