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New SEC Rules Require U.S. Companies to Reveal Cyber Attacks Within 4 Days



July 27, 2023 at 12:19PM

The U.S. Securities and Exchange Commission (SEC) on Wednesday approved new rules that require publicly traded companies to publicize details of a cyber attack within four days of identifying that it has a "material" impact on their finances, marking a major shift in how computer breaches are disclosed. "Whether a company loses a factory in a fire — or millions of files in a cybersecurity

from The Hacker News https://ift.tt/XTzx3VC

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