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The legal and PR teams just stick their heads in the sand. For example one could say "While there was unauthorized access there is no evidence that any personal
by supertrope 3y ago
The legal and PR teams just stick their heads in the sand. For example one could say "While there was unauthorized access there is no evidence that any personal information was taken." There's zero incentive to confirm the extent of PII leaks as it just triggers more liability and regulatory scrutiny.
- toomuchtodo 3y agoThis seems to me like it becomes securities fraud if they're lying due to new SEC cyber disclosure regs. https://www.sec.gov/news/statement/gerding-cybersecurity-disclosure-20231214 https://www.sec.gov/news/statement/gerding-cybersecurity-dis...
- ActionHank 3y agoThere will be no paper trail of them even looking, it's not lying if they don't see any proof and didn't look.
- toomuchtodo 3y agoSomeone is always unsophisticated enough to leave an email paper trail. The necessary incantation is "litigation hold."
- humansareok1 3y agoEverything is securities fraud so this is a low bar.
- b112 3y agoYou're a securities fraud, you are!