New SEC Disclosure Rules for Cybersecurity Incidents and Governance and Key Takeaways
Cleary M&A and Corporate Governance Watch
AUGUST 2, 2023
Securities and Exchange Commission (the “SEC” or “Commission”) adopted rules to enhance and standardize disclosure requirements related to cybersecurity incident reporting and cybersecurity risk management, strategy, and governance. The rules were approved by the SEC on a 3-2 vote, with the two Republican commissioners dissenting. [1]
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