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Senators Ask SEC to Issue IT Security Guidance

Senators ask SEC to Issue IT Security Guidance. Many companies don’t report their information security risk to investors, they say. Senators: 38 percent of Fortune 500 companies made a “significant oversight” by not mentioning privacy and data security risks. The letter comes weeks after a rash of security breaches at storage vendor EMC’s RSA security division, Alliance Data’s Epsilon e-marketing unit and Sony’s PlayStation service. The senators call on the SEC to develop and publish interpretive guidance clarifying existing disclosure requirements.”]

Source: https://www.healthcareinfosecurity.com/so-you-think-you-are-secure-a-3633

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