New SEC Cybersecurity Requirements could Impact your Business

Cybersecurity has become paramount for businesses across the globe.  

As technology advances, so do the threats.  

Recognizing this, the U.S. SEC has introduced new cybersecurity requirements.  

The rules impact U.S. registered companies and foreign private issuers. 

Rule 1: Reporting of material cybersecurity incidents. 

Rule 2: Disclosure of processes for assessing, identifying, and managing cybersecurity threats. 

Potential Impact on Your Business 

• Increased Compliance Burden 

• Focus on Incident Response 

• Heightened Emphasis on Vendor Management 

• Impact on Investor Confidence 

• Innovation in Cybersecurity Technologies 

Need Help with Data Security Compliance? 

Give us a call today to schedule a chat. 

Article information from The Technology Press