The last several months has seen a frightening jump in the fines and judgments against companies over cyber breaches. Uber settled on a $148M fine for their handling of their 2016 breach, Yahoo was hit with an SEC fine of $35M for their disclosure of the breach of their email accounts
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As cyber risk poses greater long-term impact, investors and regulatory bodies are demanding a higher standard for disclosure. This post is republished from the blog at Evolver.