#SECGuidelines

Confused by the SEC’s breach reporting rules? Read this

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May 22, 2024 at 12:40PM The SEC has clarified guidelines for public companies regarding ransomware and cybersecurity incident disclosures. Public firms must report “material” cyber intrusions under Form 8-K, Item 1.05. For immaterial incidents or those lacking a materiality determination, use Form 8-K, Item 8.01. SEC aims to help investors distinguish between the two for … Read more

Hackers Weaponize SEC Disclosure Rules Against Corporate Targets

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November 17, 2023 at 05:44PM Ransomware group ALPHV, also known as “BlackCat,” has filed a complaint with the US Securities and Exchange Commission (SEC), accusing a recent victim of non-compliance with new disclosure regulations. ALPHV attacked digital lending service provider MeridianLink, stole and leaked data, and then reported the breach to the SEC, claiming the … Read more