Without clear guidance, SEC’s new rule on incident reporting may be detrimental

The SEC has instituted a set of guidelines “requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy, and governance.” These new guidelines went into effect on December 18, 2023, which means 2024 will be an important year for enterprises and how they adhere to current security regulations. Establishing a reporting infrastructure that sheds light on what, how, and when security … More →

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