Businesses in this hyper-competitive, high-tech world rely on the operations of computer systems to run successfully. Unfortunately, as sophisticated as data systems and operating software have become, so too have hackers and corporate spies evolved to stay one step ahead in their own illegal activities.
Cybersecurity has become such a pressing issue in this environment that the SEC itself has made it a number two priority in its latest Corporation Disclosure Guidelines, insisting that corporations disclose all cybersecurity risks or incidents, and that investors educate themselves on any company’s security record and policies before investing their money.
