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Cybersecurity Disclosure.pdf

s70922-20128401-291312.pdf
Preview of Cybersecurity Disclosure
🔗 Source: sec.gov
📊 Size: 403 KB
📄 Pages: 18 pages
⬇️ Downloads: 105

Summary

The Biotechnology Innovation Organization (BIO) comments on the SEC's proposed rule to enhance cybersecurity risk management disclosures by public companies, agreeing that cybersecurity is a defining business risk, but urging a holistic approach considering the impact on small companies, duplicative reporting, and incentives to become a public company. BIO recommends streamlining reporting requirements, coordinating with other regulators, and providing resources to small businesses to ensure an equal playing field. The organization warns that excessive regulation may lead to fewer companies going public, larger companies, and increased costs, citing the consequences of past regulations such as Sarbanes-Oxley and Dodd-Frank.

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Description

The Biotechnology Innovation Organization (BIO) comments on the SEC's proposed rule to enhance cybersecurity risk management disclosures by public companies,...

Technical Information

  • File Format: PDF
  • File Size: 403 KB
  • Pages: 18
  • Language: EN
  • Total Downloads: 105
  • Last Updated: 1 month ago

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