SEC Implements New Rule Requiring Firms to Disclose Cybersecurity Breaches in 4 Days
What happened? The SEC (Securities and Exchange Commission) has introduced new rules that require public companies to be more transparent about their cybersecurity risks and any breaches they experience. This means companies will need to regularly share information about how they're managing cybersecurity risks and any significant cybersecurity incidents they've had. If a company experiences a significant cybersecurity incident, they'll need to report it within four business days.