SEC Eyes Final Rules on Incident Disclosure, Board Expertise

One Rule Would Force Firms to Disclose 'Material Cybersecurity Incidents' in 4 Days
Rules coming in April could require publicly traded companies to disclose a breach within four days of deeming it material as well as board member cybersecurity expertise. The SEC in March 2022 proposed a mandate that companies disclose "material" incidents within four business days of discovery.

april board breach business coming companies cybersecurity disclosure discovery incident incidents march rules sec