The SEC’s recent cyber disclosure proposal says that cybersecurity is among the top priorities for many boards and that cyber incidents and other cyber risks are considered among the biggest threats for many companies. “Accordingly, investors may find disclosure of whether any board members have cybersecurity expertise to be important as they consider their investment in the registrant as well as their votes on the election of directors of the registrant,” the SEC wrote in its proposing release. This aspect of the SEC proposal has promoted discussion in some boardrooms about whether boards should have someone with cyber expertise as a member.

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