SEC Issues Guidance on Cybersecurity Disclosures
The SEC clarifies reporting requirements for material cybersecurity incidents under Form 8-K, emphasizing proper use of Item 1.05 for significant events.
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The SEC clarifies reporting requirements for material cybersecurity incidents under Form 8-K, emphasizing proper use of Item 1.05 for significant events.
Last week, Paul Hastings attended the Securities and Exchange Commission (SEC) Speaks 2024 event presented by the Practising Law Institute (PLI) in cooperation with the SEC on April 1...
Issuers will have to disclose ‘material cybersecurity incidents’ within 4 business days.
Commissioners Hester Peirce and Mark Uyeda voted against the measures, arguing the agency lacks the expertise – and perhaps authority – to regulate the cybersecurity decisions of companies at a granular level.