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The latest insights and inspirations from the Vigilocity Intelligence Team.
Illuminating Material Breach Through Empirical Evidence: Facilitating Timely Disclosure, Compliance, and Remediation
Vigilocity has developed the Mythic platform. Mythic sifts through vast amounts of malicious data, identifying and prioritizing confirmed security breaches based on their material impact.
The platform's robust capabilities not only detect breaches but also offer valuable insights into the material impact of these incidents, empowering security, audit, and regulatory teams to make informed decisions and respond swiftly.
The Murky Waters of Materiality: Navigating Cybersecurity Disclosures in the Age of the SEC's New Rules
In the ever-evolving landscape of cybersecurity, the concept of "materiality" has emerged as a critical battleground. With the recent implementation of the SEC's Cybersecurity Disclosure Rules, corporations are now obligated to publicly report "material" cybersecurity incidents within a tight four-day timeframe. However, determining what constitutes a "material" breach remains a complex and nuanced exercise, fraught with legal and practical challenges. This article delves into the murky waters of materiality, dissecting the SEC's framework, analyzing industry practices, and exploring emerging trends in this critical area.