Vonya Global Explains the SEC Cybersecurity Disclosure Requirements

In response to the growing concern, the SEC developed and proposed rules that clarify current required disclosures of cybersecurity incidents and added disclosure requirements for cybersecurity risk management activities.
By: Vonya Global
CHICAGO - Sept. 6, 2022 - PRLog -- Vonya Global recently published an article where Earl Potjeau, Director of IT Services at Vonya Global, explains the new cybersecurity disclosure rules by the Securities and Exchange Committee (SEC) that are expected to be made final by the end of 2022.

We can expect that Information Technology departments will need to demonstrate an active cybersecurity risk management program with policies and processes in place to detect, prevent, mitigate, and recover from cybersecurity incidents. In addition, companies will need to identify management with cybersecurity expertise, such as a CISO with the appropriate professional certifications and experience and the experience and expertise of IT or other management.

How can internal audit help? Internal auditors have the opportunity to help their company get ahead of the disclosure requirements proactively. There couldn't be a better time for internal audit to review the company's cybersecurity risk management practices and determine whether a cybersecurity risk management program is in place. Internal audit leadership should meet with the IT leadership to decide whether or not they are planning to be ready to meet the disclosure requirements.

To learn more about the requirements, how to prepare for compliance and how internal can help, read the full article at https://vonyaglobal.com/insights/explaining-the-sec-cyber...

Proactively auditing cybersecurity risk management now will help make sure your company is ready when the disclosure requirements are finalized. Please reach out to Vonya Global (https://vonyaglobal.com/contact/) if you think you need assistance.

ABOUT VONYA GLOBAL: Vonya Global is an international consulting firm that enhances corporate governance by providing internal audit, internal control, and risk assurance services to various companies. The firm is focused on providing Knowledge Leadership in internal control and superior Client Service. There is a better way; Vonya Global will show you.

Vonya Global
Source:Vonya Global
Email:***@vonyaglobal.com Email Verified
Industry:Information technology
Location:Chicago - Illinois - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Vonya Global LLC PRs
Trending News
Most Viewed
Top Daily News

Like PRLog?
Click to Share