 Technology |
Technology |
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SEC to require companies to report cyber incidents |
The Securities and Exchange Commission (SEC) adopted a rule this week that will require publicly traded companies to disclose cyber incidents that are "material" to investors. |
Companies will have four business days to report to the agency from the time they determine that the incident was material. "Whether a company loses a factory in a fire — or millions of files in a cybersecurity incident — it may be material to investors," SEC Chair Gary Gensler said in a statement. "Currently, many public companies provide cybersecurity disclosure to investors. I think companies and investors alike, however, would benefit if this disclosure were made in a more consistent, comparable, and decision-useful way," he added. Under the new rule, companies will have to disclose the incident's nature, scope, timing and impact. Companies will also have to explain the processes they have in place to assess, identify and manage risks from cyber threats. Read more in a full report at TheHill.com. |
Welcome to The Hill's Technology newsletter, we're Rebecca Klar and Ines Kagubare — tracking the latest moves from Capitol Hill to Silicon Valley. |
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How policy will be impacting the tech sector now and in the future: |
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DALLAS (NewsNation) — Starting next week, Americans will only be able to purchase LED lights from retailers across the nation as an official ban on incandescent lightbulbs will go into effect. Come Tuesday, while it won’t be illegal to own incandescent light bulbs, it will be illegal for stores to sell them and companies to manufacture them. The federal government's warnings started in January and have been … |
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| This week, a panel of energy regulators approved a rule that is expected to help more renewable energy get onto the nation's electric grid. The rule, passed Thursday by the Federal Energy Regulatory Commission, seeks to cut down on the long line for new energy projects to plug into the grid. According to the commission, projects have to wait an average of up to five years and more than 2,000 gigawatts of power were … |
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United Airlines announced Thursday it is adding Braille to its entire fleet "by the end of 2026.” United said it already has "equipped about a dozen" of its aircraft with Braille markings "for individual rows and seat numbers as well as inside and outside the lavatories." United is the first U.S. airline to add Braille to its planes. "Finding your seat on a plane or getting to the restroom is something most of us … |
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News we've flagged from the intersection of tech and other topics: |
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AT&T, Verizon add charges |
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How Netflix is experimenting with games |
The Verge reported on how streaming service Netflix is experimenting in the world of video games. |
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Branch out with other reads on The Hill: |
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Taylor Swift's pair of concerts in Seattle last weekend may have caused more than just an emotional ground-shaking in the Emerald City. Fans at Swift's "The Eras Tour" may have been screaming, crying and jumping so loud during the American singer's Saturday and Sunday shows that they caused an earth-shaking equivalent to a 2.3 magnitude earthquake. |
President Biden will host the leaders of South Korea and Japan at Camp David next month, in a summit aimed at showing solidarity among Indo-Pacific countries in the face of threats from North Korea, the People's Republic of China and fallout from Russia's war in Ukraine. Biden will host Japanese Prime Minister Kishida Fumio and South Korean President Yoon Suk-yeol at Camp David on August 18, White House press secretary Karine Jean-Pierre said in a statement on Friday. |
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Two key stories on The Hill right now: |
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Senate Republicans are rallying behind Sen. Mitt Romney's (R-Utah) call for Republican donors to refrain from giving money to long-shot presidential … Read more |
| Florida Gov. Ron DeSantis (R) said on the possibility of him issuing a pardon for former President Trump that he does not believe having "an almost … Read more |
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Opinions related to tech submitted to The Hill: |
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You're all caught up. See you next week! |
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