Independent Oversight Meets the SEC
Ron Kral discusses the the emerging trend of cybersecurity committees that are being created as companies recognize the need to create independent oversight of cyber risks.
Cybersecurity risks pose grave threats to investors, our capital markets, and our country.[1] This is the opening sentence of the SEC’s Interpretive Guidance on Public Company Cybersecurity Disclosures dated February 21, 2018. While the SEC’s focus is primarily on effective disclosure controls and procedures for accurate and timely disclosures of cyber…
