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Not sure what you're getting at. We already have a bunch of laws and regulations. And misreporting your cybersecurity is already securities fraud! https://w
by MattPalmer1086 1y ago
Not sure what you're getting at. We already have a bunch of laws and regulations. And misreporting your cybersecurity is already securities fraud!
https://www.sec.gov/newsroom/press-releases/2023-227 https://www.sec.gov/newsroom/press-releases/2023-227
- jrm4 1y agoI'm not aware of "a bunch." But to the extent that we do, they are toothless. In the space of relatively large/noticeable companies, there has not been any remotely significantly deterring punishment handed out to those who got cybersecurity wrong. E.g. - Microsoft should be BILLIONS down; Crowdstrike should quite literally no longer exist if the punishments were remotely close to the "crime."