Cybercrime disclosures rare despite new SEC rule

Friday, June 29, 2012 - 06:30 in Mathematics & Economics

(AP) — Hackers broke into computers at hotel giant Wyndham Worldwide Corp. three times in two years and stole credit card information belonging to hundreds of thousands of customers. Wyndham didn't report the break-in in corporate filings even though the U.S. Securities and Exchange Commission regulatory agency wants companies to inform investors of cybercrimes.

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