In the wake of increasing cybersecurity threats, the Securities and Exchange Commission (SEC) has implemented the Cybersecurity Incident Disclosure Rule, which took effect on December 18, 2023. This rule mandates publicly traded companies to disclose material cybersecurity incidents within four business days of recognizing their materiality. Here, we dissect the early trends observed since the rule's implementation and the broader implications for corporate disclosure practices.
Orion "Ori" Wellington is an Associate Advisor at Wheelhouse Advisors, with a professional background in risk management and technology. Over his 15-year career, Ori has held various roles, including Risk Analyst, Information Security Specialist, and IT Project Manager, which have helped him develop the skills necessary to assist organizations in navigating risk and technology complexities.
As a member of the Wheelhouse Advisors team, Ori focuses on supporting clients in the ever-changing world of risk management. His well-rounded professional background contributes to the success of both his clients and the company. In his free time, he enjoys playing pickleball, whitewater kayaking, and reading. With a solid professional background and a passion for continuous learning, Ori is a valued member of the Wheelhouse Advisors team.
