Cyber risk is business risk, and the SEC knows it  ...Middle East

A long overdue policy change to improve corporate governance on cybersecurity is taking effect. At the end of July, the Securities and Exchange Commission adopted new rules requiring publicly traded companies and foreign private issuers to disclose material cybersecurity incidents; they are also required to annually update their cybersecurity risk management policies and governance. These companies are drivers of innovation and critical to the strength of the U.S. economy. It is in the public interest that they take corporate responsibility for their cybersecurity.  This guidance comes none too soon, as American businesses are under an unprecedented level of cyber threat. Compromise

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