VentureBeat July 30, 2023
The modern Chief Information Security Officer (CISO) has a difficult job. Amidst the myriad of malicious cyber threats attempting to infiltrate their organization, CISOs must also effectively navigate other murky waters: Engaging their C-suite and governing counterparts on matters of cybersecurity. It’s a tall task for which decades of technical training and programmatic cyber expertise alone are insufficient preparation.
The Securities and Exchange Commission (SEC) finalized new cybersecurity regulations on July 26 that require public companies to disclose cybersecurity breaches within four days, as well as raise their Board’s level of cyber expertise and oversight of managing and assessing cyber risk. The agency proposed these regulations in 2022 and the final decision is expected to come in October 2023.
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