Risky Business #740 -- Midnight Blizzard's Microsoft hack isn't over
Risky Business
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Navigating Cybersecurity Incident Disclosure and SEC Compliance
The chapter thoroughly examines the challenges and implications of cybersecurity incident disclosure, focusing on SolarWinds' case and the debate around mandatory reporting to the SEC. It discusses the complexities of determining materiality, the balance between transparency and protecting sensitive information, and the impact of incidents on share prices and company reputation. The conversation also delves into the SEC's approach to guidance on cybersecurity materiality and the potential effects on companies' online security claims.
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