SEC Mandates Immediate Reporting of IoT Cyberattacks

The U.S. Securities and Exchange Commission (SEC) has mandated public companies to disclose material cyberattacks impacting their Internet of Things (IoT) infrastructure within four business days, signaling a significant shift in regulatory focus on cybersecurity. This measure aims to enhance transparency and leadership roles in safeguarding these vulnerable systems, particularly in light of the growing threat landscape from IoT attacks.