Crossroads Blog | Institute National Security and Counterterrorism

Current Affairs, Legislation, regulation

Cyber Roundup (6/13): US Companies not talking, a last stab at cybersecurity legislation, and LulzSec reborn

A quick survey of today's cyber news . . .

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Andrea Shalal-Esa reported for Reuters on how US firms have largely refused to disclose network breaches even in the face of a SEC guidance directing disclosure.  For those that don't remember, the SEC came out with a pretty interesting (but non-binding) guidance last October that directed US firms to report instances of cyberattacks to investors.  I can't remember off the top of my head, but I know a few firms actually complied (I think ConEd was among them), so it appeared the guidance maybe had some effect.  Unfortunately, as this Reuters article  confirms, that may not be the case.

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I haven't blogged about cybersecurity legislation in a while, but you haven't missed much.  CISPA passed back in April and nothing has happened since.  Brendan Sasso reported for The Hill on how Sen. Lieberman wants action on a cybersecurity bill by July, but the prospects seem dim.  The article did mention that Sen. Whitehouse and Sen. Kyl are working on a compromise proposal though.

Even if something passes, it will likely be underwhelming and instantly obsolete.

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Kristinia Wong wrote for the Washington Post on the SecDef's recent comments about "another Pearl Harbor" cyberattack . . .

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Elinor Mills reported for CNet on how a number of hacker offshoots have risen from the ashes of LulzSec.

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