New legislation in Congress would push publicly traded companies to include cybersecurity experts on their boards of directors, but some security experts aren’t fans of the bill.
On March 1, a bipartisan group of five senators reintroduced the Cybersecurity Disclosure Act, which would require publicly traded companies to tell the Securities and Exchange Commission whether any members of their boards are cybersecurity experts. If no member of the board is, the bill would require the company to tell the SEC that having the expertise is not necessary because of other cybersecurity steps it has taken.
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