The SEC Won’t Let CISOs Be: Understanding New SaaS Cybersecurity Rules

The SEC isn’t giving SaaS a free pass. Applicable public companies, known as “registrants,” are now subject to cyber incident disclosure and cybersecurity readiness requirements for data stored in SaaS systems, along with the 3rd and 4th party apps connected to them. 
The new cybersecurity mandates make no distinction between data exposed in a breach that was stored on-premise, in the