Navigating the Regulatory and Legal Quagmire: MGM and Caesars Seek Solutions Following Cyber Incidents
The Interpretation and Implementation of SEC Cyber Incident Disclosure Rules Introduction In the wake of the new Securities and Exchange Commission (SEC) regulatory requirements to disclose “material” cyber incidents within four days of discovery, the recent cyber breaches of MGM Resorts and Caesars Entertainment have highlighted the differing interpretations of these rules. Both breaches involved…