Decoding the New SEC Cybersecurity Rules

John A. Wheeler
John A. Wheeler AuditBoard

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John A. Wheeler is the Senior Advisor, Risk and Technology for AuditBoard, and the founder and CEO of Wheelhouse Advisors, a global risk management strategy and technology advisory firm. Mr. Wheeler is a recognized expert, frequent speaker, and author on the effective use of risk management practices and technology in large and midsize businesses. His major areas of specialty include enterprise/operational risk management, integrated risk management (IRM) technology, executive leadership, and corporate governance. He has 30+ years of professional experience in a variety of roles spanning executive management, finance, risk management, audit, and IT.


Description

The Securities and Exchange Commission (SEC) recently adopted new rules to enhance and standardize public companies’ cybersecurity incident reporting and risk management disclosures. These rules, effective in December of this year, represent a significant shift in the regulatory landscape. Public companies are required to disclose material cybersecurity incidents, their policies and procedures related to risk management, and information security governance, as well as the roles, responsibilities, and qualifications of the board when it comes to cybersecurity matters. Companies must act now to ensure they are prepared. See how forward-thinking audit, risk, and compliance teams are preparing for these new requirements.

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