Cybersecurity Dive January 3, 2025
With issues such as cryptocurrency and climate change facing the next SEC chair, it’s unclear whether rolling back cybersecurity rules will be high on the priority list.
Much of the public company filings resulting from the Securities and Exchange Commission’s first year of implementing a rule requiring the disclosure of “material” cybersecurity breaches have been vague and confusing, producing little value for investors, legal analysts said.
The lack of Republican support for the rule at the SEC coupled with questions over its usefulness — as implemented so far — place it at risk of being rescinded or at least scaled back after President-elect Donald Trump takes office, they said.
“As something that was intended to provide information for investors, it’s...
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