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In 2011, the SEC issued a set of disclosure guidelines that told companies to disclose any potential cyber risk, possible effects of that risk, as well as the status of internal controls and risk management procedures in place. It was a...

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Proposed cyber security legislation, notably bills relating to a federal data breach notification standard, has been slow moving in the halls of Congress. While measurable progress has been made on some legislative pushes -- recently...

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An Update on Data Breach Notification

Ben Fagan | June 11, 2014

In a previous blog post, we outlined federal initiatives to pass a data breach notification law that would simplify the current myriad of state regulations. In the wake of the Target and Neiman Marcus data breaches, legislators and...

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Since California became the first state to enact a security breach notification law in 2001, 46 states and the District of Columbia have enacted similar disclosure laws.  These laws follow similar basic tenets that “companies must...

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There’s certainly been a lot of talk about third party risks recently. There’s been the fallout from the Target breach, and the role a subcontractor played in that incident. Then there was the U.S. Department of Homeland Security incident,...

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When third party vendors, partners, processors and contractors find out about a breach of your customers' data, do you know what their notification practices are? Would you be surprised to know that almost a full third of them probably...

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Last week I had the opportunity to be in San Francisco for the RSA conference and Metricon 9. The discussion at the conference and what is now coming out in news reports is that this was the largest RSA event to date in terms of attendance...

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At BitSight, we’ve taken interest in the need for transparency and the ripple effects of major data breaches following the recent data loss events hitting major US retailers. Many security experts, including our own CTO Stephen Boyer,...

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Breach Reporting & The Need for More Transparency

Melissa Stevens | January 31, 2014

Fact: due to inconsistent breach regulation and reporting standards, when a breach occurs, consumers and businesses can't assume that they will always be notified.  

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