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SEC

New SEC Rules Require U.S. Companies to Reveal Cyber Attacks Within 4 Days

The U.S. Securities and Exchange Commission (SEC) on Wednesday approved new rules that require publicly traded companies to publicize details of a cyber attack within four days of identifying that it has a “material” impact on their finances, marking a major shift in how computer breaches are disclosed. “Whether a company loses a factory in […]

SEC Plans to Hire More Staff in Crypto Enforcement Unit to Fight Frauds

The U.S. Securities and Exchange Commission (SEC) on Tuesday announced that it will expand and rebrand its Cyber Unit to fight against cyber-related threats and protect investors in cryptocurrency markets. To that end, the SEC is renaming the Cyber Unit within the Division of Enforcement to Crypto Assets and Cyber Unit and plans to infuse […]