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Stock impact report

SEC's New Toughness On Breach Reporting And What It Means For Your IT Compliance [Forbes]

Varonis Systems, Inc. (VRNS) 
Last varonis systems, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.varonis.com
Company Research Source: Forbes
Post written by Yaki Faitelson Co-Founder and CEO of  Varonis , responsible for leading the management, strategic direction and execution of the company. Shutterstock In 2011, the Securities and Exchange Commission (SEC) warned public companies that cybersecurity incidents and security risks in their IT systems may have to be reported through public disclosures. The warning, in the form of a guidance , was a reminder that breaches can result in significant costs, remediation, litigation, regulatory fines and lost sales, and that investors must be informed of important or “material” news. After devastating breaches at Yahoo ($350 million, 2013), Target (over $160 million, 2014), Anthem (over $200 million, 2015), and Equifax (over $240 million, 2017), the SEC’s advice has taken on new urgency. The SEC recently issued a clarification earlier this year, and to put it bluntly, the agency means business. T Show less Read more
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