The SEC adopted new rules requiring public companies to (i) disclose material cybersecurity incidents on Form 8-K within four business days of determining that an incident is material, and (ii) periodically disclose their processes for assessing, identifying and managing material risks from material cybersecurity threats in their annual reports. New Form 8-K Item 1.05 will require companies to disclose any cybersecurity incident they determine to be material and describe the material aspects of…
By: Dechert LLP
By: Dechert LLP