Policy Backgrounders
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AI: The Next Transformation

Policy Backgrounders

CED’s Policy Backgrounders provide timely insights on prominent business and economic policy issues facing the nation.

SEC Cyber Reporting Final Rule

August 11, 2023

The SEC adopted its final rule on cyber incident disclosures for publicly traded companies. It will take effect in mid-December, adding to the federal push to bolster cybersecurity for US businesses and critical infrastructure.

  • The rule will require reporting within four business days of discovery of a breach deemed to be material, while also adding annual requirements pertaining to information about the processes followed by corporate boards and executives to assess and manage cyber risks.
  • Following public comments, the SEC modified the original proposal to allow for reasonable delays in certain cases and to remove the requirement that companies report the cyber expertise of their boards of directors.
  • The SEC did not modify the four-day reporting window after comments raised concern over conflicting periods with the forthcoming 72-hour CISA requirements applying to critical infrastructure firms. However, the administration and regulators have shown interest in addressing regulatory harmonization as new requirements are developed.

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Authors

Dr. Lori Esposito Murray

Dr. Lori Esposito Murray

Former President

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Mitchell Barnes

Mitchell Barnes

Senior Economic Policy Analyst

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Publications

Data Privacy Legislation

Data Privacy Legislation

June 28, 2024 | Brief

AI Innovation: Balancing Automation and Empathy

AI Innovation: Balancing Automation and Empathy

May 22, 2024 | Newsletters & Alerts

Webcasts, Podcasts and Videos

AI for Marketing & Communications—the update

July 16, 2024 12:00 PM ET (New York)

Busting Myths about the Impact of AI on the Workforce

May 22, 2024 12:00 PM CET (Brussels), 06:00 PM SGT (Singapore)

Future-Proofing the Workforce for the AI Era

April 18, 2024 12:00 PM ET (New York)

Upcoming Events

Press Releases / In the News

PRESS RELEASE

CED Provides Plan to Capitalize on AI While Safeguarding

June 25, 2024

PRESS RELEASE

Report: The Rise of AI Threatens to Explode US Electricity

June 13, 2024

BRIEF

Companies Cannot Afford to Lag Behind on Implementing AI

May 08, 2024

IN THE NEWS

OpenAI’s Unique Setup Led to Governance Debacle

November 22, 2023

PRESS RELEASE

AI's Disinformation Capabilities Threaten Presidential

September 26, 2023

PRESS RELEASE

Survey: AI Usage for Marketers and Communicators

August 03, 2023

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