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Five Takeaways from Recent Cybersecurity Developments by Colorado and the SEC

Colorado recently adopted a new law expanding companies’ obligations in the event of a cybersecurity incident, and establishing new data security and disposal obligations. Recent announcements by the SEC likewise emphasize important responsive points for both companies and their personnel in the wake of an incident. Five key takeaways from these developments are highlighted in this article.

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Colorado recently adopted a new law expanding companies’ obligations in the event of a cybersecurity incident, and establishing new data security and disposal obligations. Recent announcements by the SEC likewise emphasize important responsive points for both companies and their personnel in the wake of an incident. Five key takeaways from these developments are highlighted below. In brief, proactively updating company policies, remediation plans, and disclosure and trading practices before a cybersecurity incident arises can go a long way towards efficiently working through a situation when it arises.

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