SEC Cybersecurity Update: Chair Gensler Offers Insight into Upcoming Regulation

26 January 2022
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On January 24, 2022, SEC Chair Gary Gensler gave a speech on cybersecurity rulemaking to the Annual Securities Regulation Institute, outlining a number of key points that he expects the SEC will consider in 2022 and emphasizing the SEC’s “key role” on the federal government’s “Team Cyber.” Chair Gensler highlighted several priorities, including broadening the scope of existing SEC regulations, enhancing SEC requirements for cyber hygiene and increasing attention to public company disclosures. In this Debevoise Update, we provide five key takeaways from the speech that offer some insight into potential 2022 regulation.