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Cybersecurity compliance is about to get even trickier

New rules from the U.S. Securities and Exchange Commission mandate that companies disclose their cybersecurity risks and strategy.

By Greg Andrews | April 04, 2022 at 11:00 AM
Cybersecurity has become at top concern of corporate legal officers. (Photo: Titima Ongkantong/Shutterstock.com) Cybersecurity has become at top concern of corporate legal officers. (Photo: Titima Ongkantong/Shutterstock.com)

The U.S. Securities and Exchange Commission recently rolled out a host of proposed new cybersecurity rules for public companies, including a requirement to disclose material cybersecurity incidents within four days.

The rules also mandate that companies disclose their cybersecurity risk-assessment strategy, disclose the cybersecurity expertise of management and board members, and provide updates on previously disclosed cybersecurity events.

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