NASDAQ hack has “state sponsorship” hallmarks: expert
A RECOGNIZED authority on cyber security says the hacking activity against NASDAQ OMX’s Directors Desk board portal, used by 10,000 directors and many Fortune 500 companies, has hallmarks of state-sponsored corporate espionage.
NASDAQ hack targets Fortune 500 board secrets
SENSITIVE board documents at 300 companies that use NASDAQ OMX’s board portal service may have been repeatedly compromised for over a year by hackers, prompting an investigation by the FBI, the Secret Service and the US Department of Justice.
The most important story in investor relations this year
DID you miss it? Did you see Business Week’s special report entitled Fidelity’s Divided Loyalties. This is easily the most significant story in IR this year. The article looks at Fidelity’s voting record at annual meetings and questions where its loyalties are — with management or with the shareholders. The only thing that could have [...]
Fear and Loathing in the HP Boardroom
By IR Web Report Staff BIZARRE revelations that Hewlett-Packard’s chairwoman and “an internal group” within the company hired private investigators to spy on directors’ personal home and cellphone records has set tongues wagging across the Internet and in boardrooms everywhere. The story, documented in extraordinary detail in a Newsweek article, raises questions about the legality [...]
Who’s believable about CEO pay?
A CEO lobby group has attacked the media’s portrayal of their compensation with a report claiming the pay is fair — but the group’s research is being called into question. On Wednesday, the Business Roundtable issued a news release saying that growth in CEO pay has trailed shareholder returns. It also attacked media coverage of [...]
Global Corporate Governance Group Hosts Annual Meeting in Washington
More than 450 shareholder-rights experts from around the world will gather in Washington DC July 5-7 for the 11th annual conference of the International Corporate Governance Network (ICGN). The theme of the conference is Creating Value — Building Trust. London- based ICGN is hosting the event in partnership with the Council of Institutional Investors. Corporate [...]
Best practices for online insider transaction disclosure
INSIDER transactions are one of the most controversial and sensitive disclosures for companies to communicate to investors. How your company handles these disclosures can make a strong statement to investors about your company’s transparency. The history of insider transaction disclosure on the Web illustrates companies’ sensitivity and reluctance to provide this information to investors. For [...]
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