Regulatory Alerts2023-08-04 | 2023-16194Added · Updated
Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
The Securities and Exchange Commission adopted final rules requiring public companies to disclose material cybersecurity incidents and details regarding their risk management, strategy, and governance. These regulations mandate current reporting of significant incidents alongside periodic disclosures about board oversight and management's role in assessing cyber risks. The rules also require that all cybersecurity disclosures be presented in Inline XBRL format to enhance standardization and comparability for investors.
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