Does the SEC’s breach disclosure rule unintentionally alert hackers to vulnerabilities in systems? “Is the SEC’s breach disclosure rule a boon for hackers?”
SEC‘s Breach Disclosure Rule Raises Concerns about Tipping Off Hackers Introduction The Securities and Exchange Commission (SEC) recently approved new rules that require publicly traded companies to disclose cybersecurity breaches deemed material to their bottom line within four days. The aim is to bring greater transparency and consistency to the information available to investors. However,…