U.S. Securities & Exchange Commission (SEC)

U.S. Capitol Building, Washington, D.C.A recent bill proposed by the U.S. Senate states requirements for publicly traded companies to increase transparency about cybersecurity threats, risks and breaches. The bill includes disclosure standards such as having publicly owned companies reveal whether anyone on its board of directors has cybersecurity expertise or specialization. Companies would provide this information through U.S. Securities

With the amount of commerce conducted through networks increasing exponentially each year, the importance of implementing robust cybersecurity polices is as critical as ever. Just last month, the Congressional Research Service released its paper about cybersecurity information sharing and how this helps companies decrease preventable breaches. Coupled with industry research, the paper is a must-read