Tags: Technology

What does the future of AI look like? No one knows. Insights and information from The Risk Institute shows just how difficult it is to regulate such powerful tools — and how some countries and organizations are trying.

On July 26, the U.S. Securities and Exchange Commission (SEC) formally approved and adopted new cybersecurity disclosure rules for public companies. First proposed on March 9, 2022, and then closed and reopened several times for comment periods through May 2023, the highly anticipated new rules require registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy and governance. Foreign private issuers are also required to make comparable disclosures.