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not a trollnot a trollPosted Sep 11, 2008 3:40 UTC (Thu) by vmole (guest, #111)In reply to: not a troll by rahvin Parent article: The Fedora-Red Hat Crisis (Datamation)
In addition because RedHat is a public company they are obligated to call the FBI and report the breach... It would the SEC, I think, if this were true. But unless you can point at the law or regulation, I don't think it is. Which is not to say that RedHat wouldn't call the FBI, if they had some way of identifying the attacker.
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not a troll Posted Sep 11, 2008 4:12 UTC (Thu) by rahvin (subscriber, #16953) [Link]
There is no law that says they must, although they could have government contracts that require it as most Federal government contracts have such clauses and I don't doubt they have contracts with the Federal government. The reason I believe so strongly that they did is that the consequences both with the SEC and stockholders are extreme for not reporting such criminal acts against the company. There are many examples in history of such things not being reported costing companies millions in lawsuits and I wouldn't doubt, although I don't know of one personally, that there is at least one example that cost a company it's existence.
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