Newly Proposed SEC Cybersecurity Risk Management and Governance Rules and Amendments for Public Companies
Data Matters
MARCH 11, 2022
Critically, the time to disclose is tied to a determination of materiality and not the date of the initial discovery of an incident that could, within time and after investigation, become a material event (or be determined not to be material). Commissioner Hester Peirce published a statement dissenting on the proposed rules.
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