Ask the Experts: What are the Most Pressing Implications for Businesses Following the SEC Ruling on Cybersecurity Disclosure?

In July 2023, the SEC adopted a final rule requiring the disclosure of material cybersecurity incidents and cyber risk management, strategy, and governance by public companies, including foreign private issuers.

Due to the ruling’s complicated compliance obligations, it has the potential to create challenges and liabilities for businesses, underscoring the importance that organizations develop risk mitigation strategies to meet requirements in partnership with their cyber insurers.

As part of our Ask the Experts series, QBE’s Serene Davis, Global Head of Cyber, explains the implications of the ruling and provides guidance to help businesses navigate these new regulatory waters.

Check it out in the video below!