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White House, Treasury officials to appear at SEC cyber security event

25
Mar
2014

By Sarah N. Lynch WASHINGTON (Reuters) – Cyber security experts from the White House, Treasury Department and Department of Homeland Security will be among panelists appearing on Wednesday at a roundtable on the challenges hackers pose to public companies and financial markets. Hosted by the U.S. Securities and Exchange Commission, the roundtable comes after several large companies, including Target Corp and Neiman Marcus, suffered major data breaches that have sparked concerns about customer losses, data security and how such breaches should be disclosed to the public. The SEC has also faced some pressure from lawmakers to revise its disclosure rules to address cyber threats. The agency already in 2011 issued informal staff guidance on the subject to help guide public company disclosure of cyber attacks, but some critics say more should be done.

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