Richard Halm, Senior Attorney, Cybersecurity, Data Protection, and Privacy at Clark Hill PLC explores the complexities of the new SEC rule on incident and risk disclosures. We dive into the resurgence of ransomware, the impact of AI on cybersecurity threats, and the critical elements of the SEC's requirements. The episode also covers the crucial concept of materiality in cybersecurity incidents, the strategic role of cyber insurance, and the evolving responsibilities of corporate boards in cybersecurity oversight.