Cybersecurity risks are material to nearly every public company, and regulators will expect updated disclosures about them this year, a Securities and Exchange Commission official indicated Dec. 10.
Cybersecurity is “absolutely” a topic of interest and it’s “definitely fair” to say that the SEC “will be taking a look at that” when reviewing company disclosures this season, Cicely LaMothe, associate director in the SEC’s Division of Corporation Finance, said during a panel discussion at the American Institute of CPAs conference on SEC-PCAOB developments in Washington.
LaMothe’s remarks came nearly a year after the SEC updated guidance on cybersecurity disclosure ...
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