Regulatory Alerts2022-03-23 | 2022-05480Added
SEC Proposed Rule on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
The Securities and Exchange Commission proposes rules requiring public companies to disclose material cybersecurity incidents on Form 8-K within four business days of determination. The proposal mandates periodic reporting on a registrant's cybersecurity risk management policies, management's role in implementation, and the board of directors' oversight and expertise. Additionally, the rules require updates on previously reported incidents in periodic reports and mandate that all cybersecurity disclosures be presented in Inline XBRL format.
Topics
Share