Posts Tagged ‘john rockefeller’

SEC Considers Updating Disclosure Requirement for Breaches on Public Firms

SEC Considers Updating Disclosure Requirement for Breaches on Public Firms

Securities and Exchange Commission Chairman Mary Schapiro will “seriously consider” issuing additional guidance detailing when public companies should notify the public about cybersecurity breaches, Reuters reports.

“Although we are not aware that investors have asked for more disclosure in this area, I have asked the commission staff to provide me…

Government Can’t Do It Alone says Sen. Rockefeller

Government Can’t Do It Alone says Sen. Rockefeller

Last week during the Business Software Alliance’s Cybersecurity Forum, Senator John ‘Jay’ Rockefeller, Chairman of the U.S. Senate Committee on Commerce, Science, and Transportation, called for greater cooperation between government and the private sectors in cybersecurity.

“In the cyber realm, the idea that the government alone can protect our citizens’ security within…

Revised Cybersecurity Emergency Bill

Sen. John Rockefeller (D-W. VA), has written a revised draft of the proposed cybersecurity bill. The bill had initially caused alarm among interested parties due to language allowing the President to shut down the Internet in the case of a cybersecurity emergency. The current draft still gives the President the ability to declare a cyber emergency as well as the right to alert in the event of cyber attacks.

President…