The US Securities and Exchange Commission (SEC) has introduced a fresh set of cybersecurity regulations. In this blog post, we're diving deep into the latest advancements within these regulations, which are slated to become active in December 2023. We'll explore these changes and shed light on why they are a significant step forward in bolstering cybersecurity transparency and investor protection.
Global data protection regulations (new or updated) are being enforced aggressively, resulting in a tsunami of hefty fines and penalties handed out to violators. The majority of these violations are a result of the failure to conduct regular risk assessments, which form an integral part of the ‘appropriate measures’ a business must take to ensure information security.