SEC Guidance on Cybersecurity: Data Breaches Are Likely Material
The Securities and Exchange Commission (“SEC”) just issued, on February 21, 2018, a new Guidance with respect to cybersecurity disclosures for publicly-held corporations. The quick takeaway is that data breaches and data breach risks are likely to be “material” for purposes of disclosure, data security should be deemed a “board level” concern, and knowledge of […]
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