Understanding the New SEC Cybersecurity Incident Disclosure Rule: Trends and Implications

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.

Ori Wellington

Orion "Ori" Wellington is an integral part of the Wheelhouse Advisors team, bringing extensive expertise in risk management and technology. With a background that includes roles such as Risk Analyst, Information Security Specialist, and IT Project Manager, Ori contributes to helping organizations navigate complex risk and technology challenges.

At Wheelhouse Advisors, Ori focuses on supporting clients in the ever-changing landscape of risk management. This well-rounded experience enhances the success of both clients and the company. Committed to continuous learning, Ori is a valued member of the Wheelhouse Advisors team.

https://wheelhouseadvisors.com
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Transforming Governance, Risk, and Compliance: The Role of Large Language Models in an Integrated Risk Framework

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