The SEC wants companies to disclose cyberattacks sooner.
a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.Public companies will now have to disclose cybersecurity incidents sooner, thanks to a rule adopted by the Securities and Exchange Commission., the SEC will require public companies to report data breaches and hacks four business days after they are discovered.
There is an exception to the four-day disclosure requirement, however. The SEC says that the disclosure can be delayed if the US attorney general determines that alerting shareholders to the incident “would pose a substantial risk to national security or public safety.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC passes new ‘conflict of interest’ rules governing how brokers can use AIThe United States Securities and Exchange Commission voted 3-2 along party lines to approve a series of proposals, including changes to existing laws surrounding conflicts of interest related to the use of data analytics tools by brokers.
Read more »
New SEC rule requires public companies to disclose cybersecurity breaches in 4 daysThe new rules, passed by a 3-2 vote, also require publicly traded companies to annually disclose information on their cybersecurity risk management and executive expertise in the field.
Read more »
US SEC adopts new cyber rule, unveils brokerage AI proposalWall Street's top regulator on Wednesday adopted new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was to help the investing public contend with the mounting cost and frequency of cyber attacks.
Read more »
New SEC rule requires public companies to disclose cybersecurity breaches in 4 daysThe new rules, passed by a 3-2 vote, also require publicly traded companies to annually disclose information on their cybersecurity risk management and executive expertise in the field. The idea is to protect investors.
Read more »
Three new Starfield animated shorts offer more glimpses of Bethesda’s new universeCan these be turned into a proper TV show?
Read more »
Stock Up on Official New York Merch at the New York ShopToday we’re launching the New York Shop, our first official merch store — with two limited-edition collections and the return of our nepo-baby merch (for actual babies)
Read more »