A former NSA director, Homeland Security secretary and deputy secretary of Defense spell out in today’s WSJ what we all know—“the Chinese government has a national policy of economic espionage in cyberspace. In fact, the Chinese are the world’s most active and persistent practitioners of cyber espionage today.”
-- They advise companies to “invest more in enhancing their employees’ cyber skills; it is shocking how many cyber-security breaches result from simple human error such as coding mistakes or lost discs and laptops.
-- They suggest that Congress might require corporate America to “be more open and aggressive about identifying, acknowledging and reporting incidents of cyber theft.”
What do you think? Should companies be required to disclose breaches?