TBC Blog Process Over Particulars: Why SEC 106 is All About Your Cybersecurity Strategy

Whose side is the U.S. Securities and Exchange Commission (SEC) on anyway?The SEC is squarely on the side of the investors - and Rule 106 was adopted to protect those parties from cybersecurity 'surprises' that could impact the stability and financial viability of the publicly traded companies which they invest. With Rule 106 and the new Form 8-K 1.05, the SEC wants to eliminate the excuses organizations have used to bury cyberattacks and to mandate cybersecurity preparedness and incident disclosure.