Cybersecurity Strategy Under the Microscope

On July 26, 2023, the US Securities and Exchange Commission (SEC) issued substantial new cybersecurity rules intended to ensure that businesses will not only be prepared for cybersecurity incidents but will also be transparent with their investors concerning cyber-risk strategies and governance. Regulators have historically pushed compliance and companies have spent millions of dollars to fix compliance issues. Now, the focus will be on proactive risk management and rapid response...

Vishal Chawla is the founder and CEO of BluOcean Digital, a premier C-suite cyber-risk advisory firm. With extensive expertise in cyber-risk governance and board oversight, he has more than 25 years of experience in assisting Fortune 500 financial services, health care, and technology companies establish and implement business-aligned cyber governance, risk management, and board reporting solutions.

Mark A. DeLong is a seasoned enterprise risk management leader. He has held chief operational risk officer and interim chief risk officer positions at Freddie Mac and was the chief audit executive at Huntington Banks. DeLong has been a key advisor to multiple Fortune 500 firms and brings a rich expertise in ensuring business growth by designing and implementing effective enterprise-wide integrated risk assessment methodologies and practices, three-lines-of-defense models and structures, and control optimization initiatives.