T-Mobile announced in a Form 8-K last month that it had suffered a cybersecurity breach that could present “significant,” yet probably not material, costs to the company. The disclosure included a swath of information — including details on the types of files accessed by bad actors, where hackers probably got into T-Mobile’s systems and a nod toward the company’s cybersecurity investments.
Sources say that boards are carefully mulling over what information their company wants to reveal in these federal filings, especially as the Securities and Exchange Commission puts the finishing touches on its proposed rule on cyber-breach disclosure.
At least five S&P 500 companies filed Form 8-Ks last year alerting the public of a cybersecurity incident or attack, according to data from public company intelligence provider MyLogIQ. An Agenda analysis reveals a wide range of information that companies are putting into the filings.
Compensation committees at S&P 500 companies are increasingly tying annual bonuses to measures beyond financial…
The pay gap between CEOs and their employees has widened over the past half decade,…
Chip maker Broadcom gave Hock Tan, its chief executive, a $161 million stock award, instantly…
Elon's Musk's $56 billion pay package's upheaval, a hedge fund sanctioned for failing to preserve…
Disclosures about directors' skills and expertise are increasingly coming under the microscope as investors ramp…
On Jan. 1, several of the nation's biggest companies — including Morgan Stanley, Kraft Heinz,…