SEC Adopts Rules on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies
The Securities and Exchange Commission today adopted rules requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy, and governance. The new rules require registrants to
SEC Rule require GP’s and Financial Advisors to Plan for Cybersecurity Risk
GP's and Financial Advisors should prioritize cybersecurity before the SEC requires them to do so. Sponsors have time to weigh-in on the requirements during the current rule comment period, but should take action to fortify their digital defenses. Please see
Ransomware-as-a-service tops evolving global cyber risks
Munich Re found that first-party cyberattacks have become the main cause of concern, with ransomware the chief worry. Among ransomware’s many evolutionary developments is "ransomware-as-a-service", opening up a way in for bad actors without an iota of tech expertise. Another
Ransomware – Bigger Fear than Covid?
According to a flash survey of nearly 50 senior cybersecurity professionals taken at Optiv Security’s November OptivCon Virtual event. When asked, “What do you think is the greater threat to your business this holiday season: Ransomware or COVID-19?,” 60% of
Corporate cyber risks heightened by Covid, warns ex-NSA head
The Financial Times reports that the former head of the US National Security Agency has warned that the coronavirus pandemic has significantly increased cyber risk, with companies likely to face a growing number of attacks. Michael Rogers said “the attack