Audit Board

JUNE 30, 2023

Cybersecurity The U.S. Securities and Exchange Commission (SEC) is continuing to release cybersecurity disclosure rules for public companies. Department of Labor (DOL) has announced new cybersecurity guidance for plan sponsors and fiduciaries regulated by the Employee Retirement Income Security Act (ERISA).

Compliance 52

Compliance 52

Audit Board

SEPTEMBER 29, 2023

In addition to financial penalties and disruption to the business, cybersecurity breaches cause reputational damage that can seriously harm the business. In addition, escalating IT compliance risk — exemplified by the recent passage of the SEC’s new cybersecurity disclosure rules in the U.S.

Compliance 52

Compliance Technology Finance Marketability 52

Audit Board

MAY 6, 2022

The SEC has come out with a wide range of proposed rules covering topics such as climate risk disclosures, SPACs, and now cybersecurity disclosures. Given the need for consistency and transparency in financial reporting, we believe there is a high likelihood that these rules will come to pass.

Compliance 97

Compliance Start-ups Technology 97

Audit Board

OCTOBER 30, 2023

These rules (effective December 2023) underscore a crucial need: Now is the time to implement integrated risk management (IRM) technology to enable the ability to effectively comply with the SEC’s new rules and deliver greater value to the organization at large. But it’s time for that to change.

Compliance 52

Compliance Technology 52

Audit Board

DECEMBER 18, 2022

But cybersecurity problems are everyone’s problems. The Cybersecurity & Infrastructure Security Agency (CISA), Cyber Safety Review Board (CSRB), Securities and Exchange Commission (SEC), and Senate are each working to establish guidance and disclosure protocols for preventing and responding to cybersecurity incidents.

Compliance 98

Compliance Start-ups 98

Audit Board

NOVEMBER 20, 2022

As such, the US Securities and Exchange Commission (SEC) has proposed formal rules for reporting climate-related metrics and risk disclosures. . The SEC issued its proposal in March 2022 , self-assigning an October finalization deadline that has come and gone. Still, it’s clear that some form of the rule will ultimately pass.

Corporate Finance 52

Corporate Finance Compliance Banking Finance 52

Audit Board

APRIL 25, 2022

Read on to learn how to differentiate security vs. compliance, and how to use each to help your company best protect itself against cybersecurity threats and enhance its reputation with clients. . HIPAA contains three overarching “rules”: the Privacy Rule, the Security Rule, and the Breach Notification Rule.

Compliance 90

Compliance Technology 90

Audit Board

FEBRUARY 28, 2023

For example, in the US, there are proposed financial disclosure rules from the Securities and Exchange Commission (SEC) related to Environmental, Social, and Governance (ESG) and Cybersecurity in public companies.

Start-ups 52

Start-ups Technology Compliance Marketability 52

Audit Board

MAY 10, 2023

Every company should feel urgency about maturing cybersecurity risk management. That’s the core message behind the heightened regulatory focus on cybersecurity — and with the expected finalization of the U.S. Most importantly, to find a cybersecurity solution for everyone, we need to admit that cybersecurity is everyone’s problem.

Compliance 98

Compliance Technology Specific Risk Start-ups 98

Audit Board

APRIL 2, 2023

In addition, crypto firms need to have disclosure rules in place to audit and report financial information properly. On the risk management side, crypto firms must have better internal processes and procedures, including regular audits and stress testing as well as strong cybersecurity, data privacy, and fraud protection measures.

Banking 52

Banking Start-ups Marketability Compliance 52

Audit Board

AUGUST 1, 2023

The SEC recently adopted their proposed rules, including those regarding Cybersecurity Risk Management on July 26, 2023. Of course, organizations must also now prepare to comply with this latest SEC ruling. According to a 2022 IBM report , the average cost of a data breach in the US is $9.44 million.

Technology 52

Technology Start-ups Compliance Marketability 52

Audit Board

AUGUST 4, 2022

In early 2022, the SEC proposed a new rule that is meant to standardize climate risk disclosures reporting for public companies. Climate change concerns are greatest in industries heavily reliant on fossil fuels — and energy and utilities companies that haven’t begun strategically planning are already behind.

Compliance 52

Compliance Technology 52