October 17, 2011
Have you been watching the headlines lately? Cybersecurity threats are a real and growing concern in the United States.
The Hill is preparing several pieces of legislation. Companies need to prepare now to get ahead of the legislative and regulatory curve.
The most recent development was the SEC recently provided new disclosure guidance required for publicly traded companies. What is slightly different from past guidance is it requires companies to continue to report any significant instances of cybertheft but to also assess and report if they believe they are at material risk of such an event. All companies and organizations are at risk so this creates questions regarding how to rank and assess "material risk" and what and when to report the potential risk.
If you are not sure if your company is ready for these new guidelines, please contact us. We have helped organizations prepare for current and emerging regulation and would be happy to confidentially consult with you regarding your situation.
Please contact our headquarters today if you have questions at 704.749.3131.
Link to the SEC Disclosure Guidance:
Link to Washington Post Article: