Cyberattacks are causing so much damage to American companies that they threaten U.S. economic competitiveness around the world, according to the U.S. intelligence community.
Good luck trying to find much evidence of that kind of dramatic damage in reports companies file with the Securities and Exchange Commission, however.
Only a limited number of companies disclosed cyberattacks occurring in 2012, CNBC found after a review of 2012 SEC filings. That's even though the SEC specifically asked companies to reveal significantly damaging attacks in guidance the commission issued to companies in the fall of 2011. The volume of disclosures to the SEC doesn't bear out the picture painted by the U.S. intelligence community of massive, economy-draining cyberthreat.
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