Preparing for the SEC Cybersecurity Disclosure Proposed Rules

Richard Marcus
Richard Marcus AuditBoard

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Richard Marcus leads the Information Security Team at AuditBoard where he is focused on product, infrastructure, and corporate IT security. He is also responsible for leading the charge on AuditBoard’s own internal compliance initiatives. In this capacity, he has become an AuditBoard product power user, leveraging the platform’s robust feature set to satisfy compliance, risk assessment, and audit use cases.


Description

The SEC has proposed new rules related to cybersecurity disclosure in public company financial statements. Based on these rules, public companies are required to disclose material cybersecurity incidents, their policies, and procedures related to risk management, information security governance, as well as the roles, responsibilities, and qualifications of the board when it comes to cybersecurity matters. See how forward-thinking connected risk teams (internal audit, compliance, InfoSec, legal) are preparing for these new requirements.

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