In Financial Times Ignites, Ed McNicholas Examines SEC Proposal Adding Cybersecurity to ESG Investing Disclosure Requirements
In a Financial Times Ignites article, data, privacy & cybersecurity partner and co-head Ed McNicholas (Washington, D.C.) discussed a new Securities and Exchange Commission proposal that would add cybersecurity to the commission’s environmental, social and governance investing disclosure requirements.
Ed explains that firms may have a hard time identifying certain types of cybersecurity incidents. The SEC proposal will force the discussion between a firm’s computer forensics, information technology and legal teams and move that discussion up to senior management and to the board level.