The U.S. Securities and Exchange Commission's (SEC) Division of Corporate Finance (Division) published a statement on May 21, 2024, regarding how public companies may disclose cyber incidents they determined to be immaterial....more
On July 26, 2023, the U.S. Securities and Exchange Commission (SEC or Commission) finalized its Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure rule for public companies (the "Final Rule") by a...more
According to its Spring 2023 rulemaking agenda, the U.S. Securities and Exchange Commission (SEC) has delayed issuance of two sets of cybersecurity requirements that previously were expected to be finalized in April 2023. The...more
6/28/2023
/ Broker-Dealer ,
Business Development Companies ,
Corporate Governance ,
Corporate Strategy ,
Cyber Incident Reporting ,
Cybersecurity ,
Investment Adviser ,
Proposed Rules ,
Publicly-Traded Companies ,
Registered Investment Advisors ,
Regulatory Agenda ,
Risk Management ,
Rulemaking Process ,
Securities and Exchange Commission (SEC)
The U.S. Securities and Exchange Commission ("SEC" or the "Commission") has ordered Blackbaud, Inc. ("Blackbaud") to pay $3 million to resolve claims that it made materially misleading statements about a 2020 ransomware...more
3/16/2023
/ Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Disclosure Requirements ,
Enforcement Actions ,
Hackers ,
Misleading Statements ,
Popular ,
Ransomware ,
Securities and Exchange Commission (SEC) ,
Securities Violations
The U.S. Securities and Exchange Commission (SEC) appears to have big plans for cybersecurity regulation in 2023....more
On March 9, 2022, the Securities and Exchange Commission (SEC) announced proposed rules requiring publicly listed companies to make several specific disclosures related to cybersecurity incidents and the registrant's...more
On February 9, 2021, the Securities and Exchange Commission (SEC) announced new proposed cybersecurity rules (Proposed Rules) for registered investment advisors and investment companies (funds) addressing cybersecurity risk...more