With upwards 75% of the data breaches going unreported, it was only a matter of time before steps were taken to regulate the reporting process. Investors in public companies need to know that the companies have their data well protected when breaches occur and the associated costs.
James Gerber
James Gerber, CFO of SimSpace, provides some great insight into the SEC regulations and how it will affect public companies moving forward. While not directly affected, private companies will also have to start working towards the standards now in place.
Five Steps for Cyber Compliance and Transparency
Enhance Your Cybersecurity Risk Management Program:
Risk Assessment Process:
Incident Response Plans:
Live-Fire Cyber Exercises for Continuous Security Improvements:
Strategic Disclosure Program:
Founded in 2015 by experts from the U.S. Cyber Command and MIT’s Lincoln Laboratory, SimSpace combines the highest-fidelity, military-grade cyber ranges and training content with unique user and adversary emulation techniques.
By providing team and individual training exercises, attack simulations, mission rehearsals, and product evaluations that leverage its cyber range, the SimSpace Cyber Force Platform delivers quantitative and actionable insights into how an organization can protect critical assets against cyber threats. SimSpace prepares individuals, teams and leaders for continued success against ever-evolving adversaries.
For more information, go to: https://www.simspace.com/