U.S. Chamber says SEC cyber rule runs counter to incident reporting law, Biden cyber strategy

The U.S. Chamber of Commerce is arguing that the SEC has adopted an expansive cybersecurity regulation that runs afoul of both the 2022 incident reporting law and President Biden’s national cyber strategy, and the industry cyber policy leader says it’s examining options for future action.

“The U.S. Chamber has long advocated for a cohesive, aligned, and protected regulatory framework for cyber risk management and continues to have grave concerns about the potential impact of the rule as finalized by the...