New SEC Guidance Prioritizes Cybersecurity Disclosures for Public Companies

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The Case for a Risk-Based Approach

New SEC rulings on cybersecurity disclosures for public companies went into effect just a month ago, acknowledging the rapidly evolving nature of cybersecurity threats and the increasing sophistication of attacks, including the use of stolen credentials, malware, ransomware and phishing. The overwhelming number of corporate breaches can be traced back to the use of stolen credentials or weak passwords combined with inadequate authentication methods. Too many companies still rely on decades-old methods of security, which are…

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