Pro-Active Approaches to Prepare Your Board of Directors for New SEC Cyber Security Rules

Originally published by RegScale. In March 2022, the Security and Exchange Commission (SEC) issued a proposed rule titled Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure. In it, the SEC describes its intention to require public companies to disclose whether their boards have members with cybersecurity expertise: “Cybersecurity is already among the top priorities of many boards of directors and cybersecurity incidents and other risks are considered one of the large...

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