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. But the SEC’s latest actions underscore that failing to inform stakeholders about material risks and breaches is not an option.
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