SEC Is Pressed on Firms’ Disclosures of Cyberattacks

Three weeks after Sony Corp. was forced to shut down its PlayStation network by hackers who stole users’ information, the group, which includes Senate Commerce Committee Chairman Jay Rockefeller of West Virginia, on Wednesday sent a letter to the SEC asking it to issue guidance stating that companies must report when they have suffered a major network attack and disclose details on intellectual property or trade secrets that hackers may have stolen.

Read more: SEC Is Pressed on Firms’ Disclosures of Cyberattacks — WSJ