May 18, 2022
Influential national security think tank says SEC cyber rules promote risk management and transparency
The Foundation for Defense of Democracies says the SEC’s proposed cybersecurity rules for publicly traded companies can help drive a new consensus around cyber risk management between government and corporations, and would provide needed transparency into the private sector’s security policies.
“We believe that the Proposed Rules try to achieve two things. First, it attempts to mend the communication breakdown between the United States government and the private sector. Policymakers and corporate executives disagree on policies and procedures for effective...