Companies Put Customers At Risk By Keeping Cyber Attacks Secret


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.