, SecurityFocus 2003-06-04
A group of 11 of the largest software companies and computer security firms released the first public draft of a proposed bug disclosure standard on Wednesday, and asked the security community for comments.
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I'd say that "standards" in the computer industry are better described as "best practices". They are not something that you have to follow but more-or-less something that people who know what they are talking about think you should do, just ask Microsoft.
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Link to this comment: http://www.securityfocus.com/comments/articles/5458/20318#20318