Consumers have become wary of data breaches and the decreased safety of their personal information. However, the cost of a data breach is no longer only a matter of money and your company’s good name. There is now a third critical reason to pay attention: the U.S. Securities and Exchange Commission — more commonly referred to as the SEC.
The SEC has begun to take aim at the business practices that can lead to breaches. So, what does the SEC’s involvement mean for cybersecurity professionals?