Hacked Companies Still Not Telling Investors

A look at the week of February 6 in public advocacy for the IT channel:  This week Reuters looks at how companies that have been victims of cyberattacks are disclosing – or not disclosing – these breaches to investors and the government.  A House panel has approved a cyber bill giving the Department of Homeland Security authority in determining what type of infrastructure requires agency oversight.  Government Health IT explores the future of health IT in a polarized political environment.


Hacked Companies Still Not Telling Investors — At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from and the Securities and Exchange Commission urging such disclosures. The vast majority of companies addressing the issue only used new boilerplate language to describe a general risk, but some hacking victims did not even do that, says Reuters.


House Panel Approves Bill to Increase DHS Cybersecurity Oversight — A House Homeland Security subcommittee approved legislation aimed at clarifying the government’s role in combating cyberattacks. The bill would task the Department of Homeland Security with determining what “critical infrastructure,” such as the power grid or our financial systems, require federal oversight from existing agencies, reports National Journal . Such proposals have sparked concern over government ability to control private networks.


Will Health IT Bipartisanship Survive the Elections? — Though support for health IT has transcended party lines in the past, healthcare reform is arguably a hot-button political issue.  Government Health IT looks at the political environment surrounding the adoption of electronic health records and establishment of both health information exchanges (HIE) and the highly-contentious health insurance exchanges (HIX) and where the presidential candidates stand.