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U.S. rule requires public companies to disclose cybersecurity breaches in 4 days (www.ctvnews.ca)

submitted 1 year ago by L4s to c/technology

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U.S. rule requires public companies to disclose cybersecurity breaches in 4 days::The Securities and Exchange Commission adopted rules Wednesday to require public companies to disclose within four days all cybersecurity breaches that could affect their bottom lines. Delays will be permitted if immediate disclosure poses serious national security or public safety risks.

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[–] [email protected] 3 points 1 year ago (3 children)

4 days!? That's awfully fucking generous. I would have made the requirement at 24 hours because fuck corporations.

[–] [email protected] 35 points 1 year ago (2 children)

Eh I disagree. You have to give companies time to patch their shit. If they disclose hours or days before they have time to patch that can lead to another breach assuming the vulnerability is shared.

But yes fuck Corporations.

[–] ballzovsteel 15 points 1 year ago* (last edited 1 year ago) (1 children)

This, sometimes not showing all the goods is the best measure. Once it’s known it can become a lot more of a threat.

But yes fuck corporations

[–] BertramDitore 4 points 1 year ago

Fuck corporations.