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SEC Releases New Guidance on Cybersecurity Disclosures and Controls

On Feb. 21, 2018, the SEC voted unanimously to approve a statement and interpretive guidance to assist the public in preparing disclosures about cybersecurity risks and incidents. The new guidance expands upon previous guidance provided in October of 2011.

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On Feb. 21, 2018, the Securities and Exchange Commission (SEC) voted unanimously to approve a statement and interpretive guidance to assist the public in preparing disclosures about cybersecurity risks and incidents. The SEC’s February 2018 guidance expands upon previous guidance provided in October of 2011 by the SEC’s Division of Corporate Finance, which addressed the Division’s views regarding disclosure obligations relating to cyber risks and incidents.

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