Cybersecurity Disclosure Requirements: What's Changing in 2023 and How to Prepare - Expert Insights | AuditBoard

Cybersecurity Disclosure Requirements: What's Changing in 2023 and How to Prepare

Cyber attacks keep growing in sophistication, relentlessness, and destructiveness, with cyber criminals finding new ways to evade detection and exploit or re-weaponize vulnerabilities. Every company should feel urgency about maturing cybersecurity risk management. That’s the core message behind the heightened regulatory focus on cybersecurity — and with the expected finalization of the U.S. Securities and Exchange Commission (SEC) cybersecurity disclosure requirements for public companies within the next couple of months, it’s about to get real. These requirements will have a significant impact on your organization and role.

To find a cybersecurity solution for everyone, we need to admit that cybersecurity is everyone’s problem. Whatever your business or industry, it’s time to get your head around the SEC’s proposed cybersecurity disclosure rules and similar legislation expected in 2023. It’s also time to get the right processes in place — not just to comply with requirements, but to ensure you’re doing the right things to protect, defend, and enhance your business.

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