The SEC's new rule to disclose any significant data breaches in 4 days is a wake-up call for public companies to move quickly when attackers target their networks. It also raises awareness of the need for data security compliance and better processes to prevent cyberattacks and mitigate against damage in the event an attack succeeds.
Companies must pay attention to the timeline set forth by the SEC and regularly assess their cybersecurity risks. If successful, class action lawsuits can be costly and damaging, causing financial losses and long-term reputational damage.
Given these facts, investing in proactive cybersecurity measures is a crucial for organizations of all sizes, and to ensure your company is ready to meet these new requirements, don't hesitate to contact ICU Computer Solutions. Schedule your comprehensive Cyber Security Risk Assessment today!
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Original article: "New SEC rule requires public companies to disclose 'material' data breaches in 4 days" by Dave Muoio - https://bit.ly/3KjIF2e
#SEC #SECrule #DataBreaches #NetworkSecurity #CyberSecurity #CyberSecurityAwareness #DataSecurityCompliance #CyberSecurityRiskAssessment
