Published by The Lawfare Institute
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On July 26, the Securities and Exchange Commission adopted a final rule with new compliance and disclosure obligations surrounding material cybersecurity incidents. Lawfare Senior Editor Stephanie Pell sat down with Kate Hanniford, partner at Alston & Bird, to talk about the requirements and challenges this new rule presents. They talked about some of the problems and concerns that caused the SEC to engage in a rule-making process, when an incident rises to the level of a material cybersecurity incident, and whether the new rule is consistent with the National Cybersecurity Strategy’s goal of harmonizing disclosure and reporting requirements for companies.