New SEC Regulations: US Businesses Must Report Cyberattacks within 4 Days

The U.S. Securities and Exchange Commission (SEC) has approved new rules requiring publicly traded companies to disclose cyberattack details within four days of identifying a “material” impact on their finances, signaling a significant change in breach disclosure practices. SEC Chair Gary Gensler emphasized the need for consistent, comparable, and decision-useful cybersecurity disclosure to benefit companies […]

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