"Reversing the SEC's rulemaking would not only disadvantage investors who deserve to have a clear understanding of the cyber risk underlying their investment but would also cause companies to undervalue investments in cyber programs to the detriment of our economic and national security," the Office of Management and Budget said.
"Ransomware attacks are up 45 percent year over year. The lack of transparency by public companies about cyber incidents imp...
#white-house #sec-rule #cybersecurity-disclosures #legislation #investor-transparency #national-security #senate #house #cisa #cyber-vulnerabilities #cyber-incidents #ransomware-attacks
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