Guidance on the SEC’s New Cybersecurity Disclosure Rule:

Best Practices for Compliance with Disclosures Related to Cybersecurity Risk Management, Strategy, and Governance for Insurance and Reinsurance Companies

February 13, 2024 2:30pm

Bridget Choi
Cyber Product Lead
Woodruff Sawyer

Scott Stransky
Managing Director, Head of Cyber Risk Intelligence Center
Marsh McLennan

On July 26, the SEC adopted amendments intended to enhance and standardize disclosures related to cybersecurity. The amendments require companies timely to disclose material cybersecurity incidents and annual disclosures related to cybersecurity risk management, strategy, and governance in a timely manner.

During this panel, we will discuss the new SEC regulations and the requirements for public companies to provide investors with information about cybersecurity risk management programs. During this panel, we will discuss:

  • Countering illicit finance associated with cyber-enabled crime
  • Communicating essential information about your cyber risk management program and cybersecurity performance with stakeholders
  • Determining the materiality of a cybersecurity incident
  • Enhancing cybersecurity capabilities as you plan for new disclosure requirements and timely disclosure of material incidents
  • Strengthening your overall cybersecurity posture
  • Enhancing processes and procedures to meet disclosure requirements