Webinar: An Introduction to SEC Cybersecurity Disclosure Rules

• The SEC cybersecurity disclosure rules webinar emphasized the need for annual disclosure of cybersecurity risk management strategies and significant incidents applicable to various organizations under SEA’s reporting requirements.
• The webinar highlighted the Cyber Comply platform as a critical tool for managing security controls and compliance, offering real-time monitoring and resources like board training courses and compliance assessment tools.
• Essential action items for participants included understanding and evaluating compliance with SEC rules, using platforms like Cyber Comply for streamlined processes, addressing specific queries about the Digital Operational Resilience Act, and auditing cloud service providers.

The webinar transcript on the SEC’s new cybersecurity disclosure rules provided an in-depth discussion of the latest compliance requirements and strategies for addressing the escalating cyber threat landscape.

The rules necessitate annual disclosure of cybersecurity risk management strategies and significant incidents applicable to various organizations, including domestic registrants, foreign private issuers, and business development companies under SEA’s reporting requirements. The emphasis was establishing solid governance frameworks, risk management processes, and incident reporting procedures to adhere to these cybersecurity requirements.

The webinar introduced the Cyber Comply platform as a valuable tool for organizations, aiding in managing security controls like ISO 27,001 and NIST unique publication controls and offering features such as real-time monitoring and additional resources for compliance. Action items were outlined for participants, focusing on accessing webinar materials, understanding and evaluating compliance with the new SEC rules, and considering using platforms like Cyber Comply for more efficient compliance processes.

The presenters also addressed various participant queries during a Q&A session, covering topics such as the relationship between SEC rules and the Digital Operational Resilience Act (Dora), auditing cloud service providers, and the timeframe for compliance. Overall, the webinar served as a comprehensive guide for organizations navigating the complexities of the new SEC cybersecurity disclosure rules.

Watch the full webinar