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Stock impact report

Understanding The Implications Of The SEC Incident Disclosure Rules [Forbes]

Fortinet, Inc. (FTNT) 
Last fortinet, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fortinet.com
Company Research Source: Forbes
In December 2023, the SEC's Cybersecurity Risk Management, Strategy, Governance and Incident Disclosure rules took effect, making it necessary for publicly traded companies to disclose any “material cybersecurity incidents they experience” within four business days via Form 8-K . The new SEC rules also require that public companies disclose their processes for assessing, identifying and managing cybersecurity threats by annually submitting Form 10-K . These new rules force businesses to go “on the record” about their cyber plans—or worse, to reveal that they don't have any plans at all. Shining A Spotlight On Corporate Cybersecurity The new 10-K reporting requirement is intended to promote transparency on cyber risk management, including whether a firm is taking action to prevent or detect cyber incidents and to minimize the negative effects if prevention and detection fail. The SEC focuses on asking companies to say whether they're taking these steps rather than providing specific Show less Read more
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