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Cybersecurity Catwalk: Strutting the SEC’s New 96-Hour Disclosure Rule – The Good, The Bad, and The Hackable
Uncle Sam’s new dress code? SEC Data Breach Disclosure Rules. Public companies now have 96 hours to strut their cyber incident catwalk. Small fry get extra time, but fail to disclose and you’re facing a hefty fine. Critics argue it’s like deciphering a souffle recipe…
Hot Take:
Well, well, well, if it isn't Uncle Sam getting all nosy about cybersecurity breaches. The new SEC regulation, requiring publicly-owned companies to disclose material cyber incidents within 96 hours, is causing quite a stir. Critics say it's like being asked to summarize a movie before the opening credits have even finished. But hey, if we're going to get serious about cybersecurity, we might as well start with some transparency. Let's just hope companies don't find creative ways to make 'material' seem 'immaterial'.Already a member? Log in here