The SEC’s Materiality Requirements: When is a Breach Considered Material Enough to Disclose?

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Companies must disclose a security breach within four days of discovering it is material, but what does “material” actually mean? Lowenstein’s Kathleen A. McGee and Ken Fishkin discuss how a breach may impact investor decisions, the flood of disclosure information in the market, and how the SEC is sending a clear message to compliance officers in its latest enforcement efforts. McGee and Fishkin also provide tips for how companies can prepare for reportable incidents through heightened risk management and insurance See more +
Companies must disclose a security breach within four days of discovering it is material, but what does “material” actually mean? Lowenstein’s Kathleen A. McGee and Ken Fishkin discuss how a breach may impact investor decisions, the flood of disclosure information in the market, and how the SEC is sending a clear message to compliance officers in its latest enforcement efforts. McGee and Fishkin also provide tips for how companies can prepare for reportable incidents through heightened risk management and insurance coverage.

Speakers:

Ken Fishkin, Manager of Information Security

Kathleen A. McGee, Partner, Emerging Companies & Venture Capital; White Collar Criminal Defense

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Lowenstein Sandler Cybersecurity Awareness Series

Kathleen A. McGee, partner in the firm’s Tech Group and White Collar Criminal Defense practice, and Ken Fishkin, manager of information security, share what you need to know to protect your organization’s information, how to prepare your company for the possibility of various data breaches, the most common points of entry for intruders, and other cybersecurity concerns that every organization should be aware of. See less -

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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