SEC offers guidance for cyber incident disclosure

Companies that experience cyber incidents now have a better idea of when and how to report them, thanks to new guidance the Securities and Exchange Commission issued last week, InformationWeek reports.

The guidance, which was posted on the SEC's website Oct. 13, states that companies should report cybersecurity incidents when they are "among the most significant factors" that could negatively affect their operations or "make investment in the company speculative or risky," according to InformationWeek.

The SEC added that companies should also take the number, frequency and severity of any previous cyber incidents, as well as the actions they have taken to reduce their cybersecurity risk, into account in deciding on disclosure.

The guidance marks the SEC's first official policy specifically dealing with the disclosure of cyber incidents.

About the Author

Connect with the GCN staff on Twitter @GCNtech.


  • Records management: Look beyond the NARA mandates

    Records management is about to get harder

    New collaboration technologies ramped up in the wake of the pandemic have introduced some new challenges.

  • puzzled employee (fizkes/

    Phish Scale: Weighing the threat from email scammers

    The National Institute of Standards and Technology’s Phish Scale quantifies characteristics of phishing emails that are likely to trick users.

Stay Connected

Sign up for our newsletter.

I agree to this site's Privacy Policy.