Cybersecurity Disclosure: The Risks Of Silence

March 11, 2013

With the rise in targeted, sophisticated, malicious attacks on corporate America’s electronic infrastructure, companies are increasingly focused on their cybersecurity disclosure obligations. There is a growing concern that many companies – fearing reputational harm – are sitting silent, but recent disclosures from a number of companies indicate a shifting approach to cybersecurity disclosure. In addition, pronouncements from the Obama Administration and top regulators reinforce the importance of understanding cybersecurity disclosure obligations. Cybersecurity is critically important to regulators and failure to disclose cybersecurity risks or actual breaches will likely draw significant attention. This OnPoint outlines some of the reasons for companies’ increased focus on managing their cybersecurity risks.

Read “Cybersecurity Disclosure: The Risks Of Silence.”