Internet Security Alliance, champion of boardroom cyber initiatives, urges SEC to shift approach

The Internet Security Alliance, which has made collaboration with corporate boards a cornerstone of its cybersecurity efforts, is calling on the SEC to emphasize risk management over regulatory compliance as the commission considers next steps in a proposed cyber rulemaking.

“Cybersecurity is not like Enron or WorldCom and other high-profile SEC cases where the Commission correctly stands in for the consumer/investor. In the cybersecurity world, the attackers are stealing individual information and value, corporate intellectual property and national secrets. In...