Proposed SEC Regulations and Cyber Risk Quantification

The US Securities and Exchange Commission (SEC) has proposed new regulations that would require public companies to disclose “material cybersecurity incidents” within four business days. The goal of these amendments, the Commission stated, is to “enhance and standardize” cybersecurity incident reporting, risk management, and governance.   The full proposal, “Cybersecurity Risk Management, Strategy, Governance, and Incident...

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