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Defense in Depth

New SEC Rules for Cyber Security

Oct 19, 2023
Jamil Farshchi, CISO at Equifax, discusses the new SEC rules for cybersecurity and their implications for CISOs. They explore the potential effects on cybersecurity, the importance of transparency and measuring risk, and the need for bidirectional context between cybersecurity and the business stakeholders.
35:57

Episode guests

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Quick takeaways

  • The new cyber rules issued by the SEC will lead to more companies appointing CISOs, providing reasonable cyber budgets, and allowing for more time to address cyber risks.
  • The SEC rules emphasize the need for transparency in measuring cyber risk maturity, fostering better communication between CISOs, boards, and executives.

Deep dives

The significance of the SEC cyber rules for CSOs

The new cyber rules issued by the Securities and Exchange Commission (SEC) in the United States will have a positive impact on Chief Security Officers (CSOs) and improve overall cyber security posture. The rules will lead to more companies appointing CISOs, providing reasonable cyber budgets, and allowing for more time to address cyber risks. Despite not being cause for celebration, the rules provide guidance on the path to risk maturity and are timely in addressing cyber security challenges.

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