SEC adopted new rules this week to require greater disclosure of cybersecurity threats by businesses.
What you need to know:
- prohibits trading on insider cyber security knowledge
- companies are urged to develop policies that allow them to quickly assess cybersecurity risks and decide when to tell the public
- prohibits companies from using internal or law enforcement investigations as an excuse for not informing the public.
Tech Crunch | The SEC says companies must disclose more information about cybersecurity risks