Companies Put Customers At Risk By Keeping Cyber Attacks Secret

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Most companies do not disclose hacking attacks, whether big or small, because they are afraid to worry investors, customers, and business partners.

A Reuters review of more than 2,000 SEC filings found that some companies, including Intel, VeriSign, credit card, and debit card firms, all had a history of hacking incidents.

The UK’s Mail Online article quotes a person close to the SEC, noting that the agency “expects fuller disclosures in annual 10-K filings that will begin appearing in volume this month.”

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Elaine Rigoli

Elaine Rigoli is PRIVATE WiFi’s manager of digital content strategy.