LW ROUNDTABLE: Wrist slap or cultural shift? SEC fines cyber firms for disclosure violations
The Last Watchdog
NOVEMBER 12, 2024
Unisys, for instance, was found to have framed cyber risks hypothetically even though its systems had already been breached, exfiltrating gigabytes of data. Other companies may continue to rely on hiding the ball, scapegoating and relying on insurance to cover the losses. Some have moved away from the CISO role.
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