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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?”

Reynolds Alex1 year ago09 mins

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,…

The Impact of the SEC’s New Rule on Cybersecurity Breach Disclosure

Patel Maya1 year ago011 mins

New SEC Rule Mandates Timely Cybersecurity Breach Disclosures Introduction The Securities and Exchange Commission (SEC) has recently passed a new rule requiring all public companies to disclose any cybersecurity breaches within four days of their occurrence. The aim of the rule is to protect investors by ensuring transparency and timely reporting of breaches that could…

SolarWinds Executives Face Scrutiny from SEC Amid CEO’s Defiant Stand

Nguyen Michael1 year ago010 mins

SEC‘s Intent to Bring Enforcement Actions Against SolarWinds Executives The Security and Exchange Commission (SEC) has recently notified SolarWinds executives that it intends to bring enforcement actions against them for their role in the 2020 SolarWinds cyber incident. This development comes as the SEC issued a Wells Notice, a common practice of notifying targets ahead…

Navigating the Cybersecurity Landscape: Meeting SEC’s Demands for Board-Level Expertise

Reynolds Alex2 years ago09 mins

CISO Strategy Fulfilling Expected SEC Requirements for Cybersecurity Expertise at the Board Level In a move aimed at improving cybersecurity and awareness in long-term business strategies within public companies, the U.S. Securities and Exchange Commission (SEC) is expected to introduce a rule requiring the demonstration of cybersecurity expertise at the board level. While the details…