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Stock impact report

What business leaders should know about the SEC's cybersecurity disclosure rule [Business Insider]

loanDepot, Inc. Class A (LDI) 
This story is part of " Security Playbook ," a series detailing cybersecurity advice and strategies. Investors consider cyberattacks one of the biggest threats to business . The incidents can cost companies millions of dollars, damage their reputations, diminish trust with investors , and affect their share prices. Though cyberattacks are occurring more frequently , investors don't always understand their scope or how to factor them into their investing strategies, said Hugh Thompson, the executive chairman of the RSA Conference , a global cybersecurity gathering. To ensure investors have access to timely, relevant information about cybersecurity events, the US Securities and Exchange Commission last year adopted rules requiring public companies to disclose details about "material cybersecurity incidents," or those likely to affect a company's operations , finances, legal obligations, or reputation. "These types of cybersecurity incidents have a real impact, potentially, on s Show less Read more
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