BankInfoSecurity.com reported that “Companies are significantly expanding their SEC cyber risk disclosures as they aim to demonstrate their cybersecurity efforts, instill market confidence and potentially improve stock prices, according to Kayne McGladrey, field CISO, Hyperproof.” The June 12, 2024 article entitled ” SEC Cyber Risk Disclosures: What Companies Need to Know” (https://tinyurl.com/3kumdcak) included these comments:

 In this video interview with Information Security Media Group at the Cybersecurity Implications of AI Summit, McGladrey also discussed:

•Why companies should use tools and software to collect and automatically gather evidence of compliance;

•The consequences of false cyber risk disclosures;

•The impact that SEC requirements have on private companies and supply chains.

McGladrey has more than 20 years of leadership experience in companies such as AT&T and Pensar Development. He serves as an advisory board member for several universities and organizations.

Are you ready?

First posted at https://www.vogelitlaw.com/blog/are-you-prepared-to-report-cyber-attack-to-the-sec