Orgs Face Major SEC Penalties for Failing to Disclose Breaches
February 23, 2024 at 01:41PM Companies and CISOs face potential fines from the SEC if cybersecurity and data-breach disclosure processes don’t comply with new rules. The SEC can use various enforcement tools, including injunctions, disgorgement, penalties, and barring individuals from roles. CISOs are concerned about personal liability and executives and companies may face reputational damage … Read more