Why are most companies ill-prepared to meet the new SEC #cybersecurity disclosure requirements?

Why are most companies ill-prepared to meet the new SEC #cybersecurity disclosure requirements?

From VentureBeat.

The Securities and Exchange Commission (SEC) has issued a landmark ruling on cybersecurity disclosure for public companies.

Starting as early as December 15, public enterprises will now be required to disclose “material” incidents within four days and reveal how they detect and address them while describing board oversight. 

As new SEC rules begin to apply, companies will have to address and likely revise how they discover potential vulnerabilities and breaches and reporting mechanisms. Sumo Logic's CSO George Gerchow shares his perspective and tips on how you can ensure you're compliant by the end of the year. https://venturebeat.com/security/sec-controversial-cybersecurity-disclosure-warning-what-enterprises-need-to-do-now/

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