SEC Adopts Final Rules on Cybersecurity Disclosure
Harvard Corporate Governance
AUGUST 9, 2023
In his statement at the open meeting, Commissioner Jaime Lizárraga shared the stunning statistics that, last year, 83% of companies experienced more than one data breach, with an average cost of in the U.S. At an open meeting on Wednesday last week, the SEC voted, three to two, to adopt final rules on cybersecurity disclosure.
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