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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. In proposing the rules, the SEC hopes to improve the consistency and comparability of cybersecurity disclosures among public companies. Key Definitions.

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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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Predator spyware operation is back with a new infrastructure

Security Affairs

In March 2024, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced actions on two individuals and five entities associated with the Intellexa Consortium for their role in the development and distribution of the commercial Predator spyware used to target Americans.