New SEC rule would force big firms to report cyberattacks within four days

Victoria D. Doty

The US Securities and Exchange Fee (SEC) has proposed principles which, if passed, would drive community firms to report on cyberattacks within 96 hours of their discovery, as very well as concern periodic experiences on how they manage cybersecurity risks. 

The SEC is suggesting a change to the requirements for the Variety 8-K to consist of reporting on malware and other cybersecurity incidents “in 4 organization days immediately after the registrant establishes that it has knowledgeable a content cybersecurity incident.” 

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