Whitepapers
SEC CYBER DISCLOSURE
How Panaseer helps with SEC cyber disclosure
The SEC has introduced major new regulations for publicly traded companies. Three simple rules create challenging reporting requirements that businesses and cyber executives must address.
Manual reporting takes up too much time
Panaseer has found that most organizations rely on manual processes to audit their security controls compliance against policies and regulations like SEC. CISOs report this activity already takes over 50% of security and IT teams’ time, which will worsen with more regulation and audit.
How we help
8-K 105: Cyber incidents
Disclosures on materiality must be made within 4 days of discovery. Panaseer provides business context on all assets, cutting out hours of manual detective work and helping teams understand if controls were in place at the time of an incident.
10-K 106(b): Risk management
Under 106(b), you must explain your cyber risk management processes. Panaseer helps you demonstrate best practice with continuous controls assessment of compliance against your own policies and external frameworks.
10-K 106(c): Governance
106(c) requires you to share details of oversight from the board and management. Panaseer’s Cybersecurity Controls Scorecard provides automated oversight of your cyber risk for non-technical stakeholders, such as the board and management.
Automate away the pain of manual reporting to regulators
Customers use Panaseer for a fast, continuous, and quantitative route to meeting their SEC cyber disclosure requirements, improving credibility and assurance. All while the burden of audit is reduced, increasing IT and Security operations team productivity by 40%.
Find more resources on SEC
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