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Newly Proposed SEC Cybersecurity Risk Management and Governance Rules and Amendments for Public Companies

Data Matters

Securities and Exchange Commission (SEC) proposed new cybersecurity rules to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance, and incident reporting by public companies. an incident in which a malicious actor has demanded payment to restore company data that was stolen or altered.

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SEC Proposes Cybersecurity Rules for Public Companies

Hunton Privacy

On March 9, 2022, the Securities and Exchange Commission (“SEC”) held an open meeting and proposed new cybersecurity disclosure rules for public companies by a 3-1 vote. Current Reporting on Form 8-K and Form 6-K.