SEC Issues New Cybersecurity Guidelines for Publicly Traded Companies

How many publicly traded companies need to improve their cybersecurity? How much danger are those companies in of actually being hacked? The U.S. Securities and Exchange Commission wants you to have a better idea, especially if you're a shareholder of one or more of the companies.

Late last week, the SEC introduced a new set of guidelines that, while not making it legally necessary for companies to disclose their online vulnerabilities, does make it easier for shareholders to launch legal action against those companies for withholding the information.

Read more: http://techland.time.com/2011/10/18/sec-issues-new-cybersecurity-guidelines-for-publicly-traded-companies/#ixzz1b7kkc000