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

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