U.S. regulatory filings reflect increasing cybersecurity concerns

06/20/2013 | Corporate Counsel magazine online

The number of references to cybersecurity in filings with the Securities and Exchange Commission more than doubled during the past six months, data show, a sign that U.S. businesses are becoming more attentive to the potential financial risks of data breaches. According to a white paper from Intelligize, mentions of cybersecurity as a risk factor in SEC filings increased 106% so far this year, with telecommunications, computer and Internet companies accounting for two-fifths of all mentions.

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