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Cyber Update: SEC Issues New Guidance on Cybersecurity Incident Disclosure

On June 24, 2024, the U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance (Corp Fin) added to its Compliance and Disclosure Interpretations (C&DI) related to disclosure of Material Cybersecurity...more

Calls for Cybersecurity Regulatory Harmonization Ramp Up in Congress, White House

The proliferation of cybersecurity regulations has the White House and Congress calling for harmonization to streamline regulations, focus on reciprocity, and decrease compliance costs. Senator Gary Peters (D-MI), chair of...more

Darned if You Do, Darned if You Don’t: Recent Lessons from the SEC On Cyber Reporting

The Security and Exchange Commission (SEC) Director of the Division of Corporate Finance, Erik Gerding, released a statement on May 21, 2024 that may have regulated entities scratching their heads about compliance and the...more

IG Report Finds Cyber Info Sharing Works but Barriers Remain – Implications for Incident Reporting?

A recent Report to Congress from the Office of Inspector General (OIG) of the Intelligence Community addresses barriers to information sharing that Congress sought to promote in landmark 2015 legislation. This report may have...more

Cyber Incident Reporting Guidance: DOJ Explains How It Will Determine if a Public Disclosure Poses Substantial National Security...

The cyber reporting landscape is rapidly shifting. Many agencies are developing rules, and a major player has been the U.S. Securities and Exchange Commission (SEC), with important questions arising about implementation of...more

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