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"Understanding SEC Requirements for Cybersecurity Disclosures"

On July 26, 2023, the SEC issued a final rule requiring improved and uniform disclosures about cybersecurity risks, strategies, governance, and incidents by registrants. The rule responds to growing concerns about consistent investor access to cybersecurity information due to digital tech, AI, hybrid work setups, crypto use, and rising illicit profits from cyber threats, amplifying overall cybersecurity risk and costs. Here are steps you can take to help prepare and comply.
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