SEC

SEC Enforces 4-Day Cyberattack Disclosure Deadline

The U.S. Securities and Exchange Commission (SEC) has introduced groundbreaking regulations necessitating publicly traded corporations to divulge cyberattacks within four business days once they ascertain that these incidents are of material significance. Material incidents denote those that carry substantial weight in the decision-making process of a public company’s shareholders concerning their investments. Foreign private issuers are not exempt from these…