McGlinchey in the News
Cyber Order Is a Start, But Voluntary Info Sharing Is Heavier LiftRead Time: 1 min
Member Dhruv Sharma (Irvine) was quoted in an article in Bloomberg Law relating to the Biden Administration’s executive order that aims to reduce cybercrime by requiring breach reporting for government contractors and encourages voluntary breach disclosures, in light of the recent ransomware attack on Colonial Pipeline.
Companies are often reticent to share attack information and may not disclose hacks if there’s no legal or regulatory requirement to do so, said Dhruv Sharma, a commercial litigation attorney at McGlinchey Stafford PLLC’s Irvine, Calif., office.
“Businesses don’t want bad publicity in the media or scrutiny from lawmakers,” Sharma said. “Especially if the hack could’ve been prevented, it creates a bad image for the company moving forward.”
They may also fear regulation violations or penalties that could arise from disclosing attacks, he said.
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