PC security audits for businesses? | CNET News.com: "Publicly traded U.S. corporations would have to certify that they have conducted an annual computer security audit, according to a draft of long-awaited legislation the U.S. House of Representatives is preparing. "
Currently, publicly traded companies must follow a detailed set of rules when filing annual reports with the Securities and Exchange Commission. Putnam's proposal, seen by CNET News.com, would extend that annual reporting requirement to include the audit that would follow standards to be set by the SEC.
It does say, however, that the certification in the annual report "shall not include specific proprietary information and shall not contain any information identifying, directly or indirectly, any specific vulnerability of the (company's) computer information."
November 11, 2003
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