09 Apr The SEC’s Unpinned Grenade: Risk and Materiality (Ep.29)
Posted at 11:06h
in Uncategorized
Air Date: April 9, 2024 | 8 minutes
When is a cybersecurity incident “material”? Nobody knows, but the SEC now requires public companies to report them—and to note any known risks that may be present in a company’s operating environment, specifically including third-party risk. For CISOs, this is akin to an unpinned grenade: If there’s a “material” cybersecurity incident, or an undisclosed risk, there are personal repercussions: lawsuits and potentially even jail time. What should CISOs be doing in light of this changed environment?
With Your FinServ Tech Oracles:
- Johna Till Johnson, Nemertes CEO + Founder & Content Committee Chair for the Wall St. Technology Association (WSTA)
- Jerald Murphy, Nemertes Senior VP of Research + Consulting
FinServ Tech Oracles – a weekly video series for FinServ technologists. We talk about the latest technology trends that affect financial services firms (in our best imitation of the Oracles of Delphi…)
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