Cybersecurity Risk is a Business Risk: Upcoming SEC Regulations Make Security Transparency Mandatory

The report outlines proposed SEC regulations that elevate cybersecurity as a material business risk, requiring public companies to disclose board accountability, governance practices, cyber expertise, and to report material incidents within four days. It advises CISOs to communicate risks in financial terms with objective KPIs, conduct tabletop exercises, leverage independent security assessments, and strengthen board oversight by adding cybersecurity experts to improve transparency, compliance, and resilience.