On July 26, 2023, in a 3-2 vote, the Securities and Exchange Commission (the “SEC”) adopted new rules (the “Final Rules”) for public companies that will require disclosures regarding cybersecurity incidents, as well as...more
9/13/2023
/ Cyber Incident Reporting ,
Cybersecurity ,
Disclosure Requirements ,
Final Rules ,
Form 8-K ,
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Publicly-Traded Companies ,
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Reporting Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC)
On March 9, the U.S. Securities and Exchange Commission (SEC) announced proposed amendments to its rules regarding cybersecurity disclosures to satisfy a growing investor need to know more about how registrants are managing...more
Background In April 2021, the Senate confirmed Gary Gensler, President Biden’s nominee, as the new chair of the Securities and Exchange Commission (“SEC”). The former banker was a staunch regulator as the Commodity Futures...more