"Whether a company loses a factory in a fire or millions of files in a cybersecurity incident it may be material to investors" A new SEC rule went into effect requiring public companies to report cybersecurity incidents in 4 days

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What you need to know

• Cybersecurity breaches seem to only be more commonplace with the recent high-profile MGM, Ardent Hospital, Xfinity, and Insomniac breaches.
• Cybercriminals have an incentive to keep attacking these companies, companies need more incentive to improve protection rather than plan for recovery of a breach.
• New SEC rules went into effect on Dec. 15th forcing any public company to disclose a cyber incident within four days.
• Other government regulations are also forcing companies to meet a base standard for cybersecurity compliance in the hopes of protecting our country and allies.