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Exploring SEC’s Cybersecurity Rules – Material Cybersecurity Incident (Part 3)
In today's digitally driven world, where cyber threats are becoming increasingly sophisticated and prevalent, organizations must prioritize robust cybersecurity management and transparent incident disclosure practices. The new SEC Cybersecurity Management and Incident Disclosure Rules underpin these efforts with the concept of "material cybersecurity incident.” This term, often used in legal and regulatory contexts, is pivotal in shaping an organization's response to cybersecurity incidents and their subsequent disclosure to stakeholders.
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