SEC’s New Cyber Rules for Publicly Traded Companies

21/12/2023 18 min Temporada 2 Episodio 49
SEC’s New Cyber Rules for Publicly Traded Companies

Listen "SEC’s New Cyber Rules for Publicly Traded Companies"

Episode Synopsis

In this episode of The Consumer Finance Podcast, Chris Willis is joined by Kim Phan, a partner in our firm's Privacy + Cyber practice, to discuss the Securities and Exchange Commission's new cyber risk management and incident disclosure rules for publicly traded companies. The rules, already in effect, detail the information a public company must report following a cybersecurity incident and the timeline for reporting. Chris and Kim also discuss the ongoing reporting obligations for a public company related to a cyber incident after the initial reporting phase, how the rules apply when cyber incidents involve a third party's system, and if the SEC has struck the right balance between informing investors versus the possibility of educating hackers on a company's cybersecurity defenses. They also address the rule's new requirement for annual disclosures about a company's cybersecurity risk management, strategy, and governance. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

More episodes of the podcast The Consumer Finance Podcast