ASSERT WITH CONFIDENCE
Automate Incident Materiality Assessment, Avoid Fines
The SEC established new rigorous cybersecurity regulations to protect investors and market integrity, against escalating cyber threats.
The penalties imposed by the SEC can vary widely. These could include monetary penalties, suspension or revocation of registration, restitution to investors, director and officer bans to serve, or criminal referrals, among a few.
Failure to comply including delayed disclosures could result in several lawsuits. Lawsuits average nearly $28 Million. These could include investor class-action, derivative suits against officers & directors, whistleblower complaints, or other private litigation.
The erosion of trust by investors and public can have large repercussions. Investors could seek safety resulting in loss of company value. Damage to reputation could result in loss of customers, or strain employee morale.
Declarative AI-powered apps simplify complex tasks by allowing users to focus on their goals and preferences, & delivering more intuitive interactions.
A cybersecurity compliance framework that provides a structured approach for public companies to maintain security against known standards.
Automation streamlines the process of assessing, reporting and communicating material cyber incidents. This delivers efficiency and a process trail.
This is part of risk management framework and involves modeling, ongoing monitoring and assessment to ensure that risk profiles are maintained against evolving threats.
As a part of controls modeling for your business, assurance ensures that security measures are monitored and modified to ensure cyber resilience.
Modeling assures mapping to your business processes. A process trail documents the workflow for material assessments, and automation.
SEC compliance process requires periodic management reviews. The Board is accountable. Regular reviews deliver continuous process improvement.
SEC cybersecurity rules require material incident disclosure within 96 hours. A majority of public companies generate over 3 Million incidents per year. Automation of material assessments makes the process more efficient.
Our team provides guidance and support tailored to your custom needs. We assist in blending with your own security framework to rapidly deploy.
Leverage over 29 apps to fast-tracked your security & privacy compliance.
Feel free to reach out to our dedicated support team for prompt assistance and clarifications. We’re here to help you with any inquiries you may have.
Essert enables rapid compliance with the new SEC cybersecurity rules for public companies. As a SaaS provider of IT GRC and compliance software, our tools automate processes for security policy management, risk assessments, control testing, and compliance reporting. Essert has one key differentiator. Essert is the only software company that provides a mechanism to automate cyber-incident materiality assessment for your 8-K disclosures.
With Essert, organizations can quickly meet SEC cybersecurity rules compliance like periodic risk assessments, incident materiality assessments, process trails, and disclosure management. We help companies address questions like:
– How to comply with SEC cybersecurity regulations?
– What is required for risk assessments and incident materiality under SEC rules?
– How do I make disclosures related to cybersecurity?
– What controls and compliance processes are needed?
Essert simplifies compliance by centralizing your IT policies, controls, assessments, and evidence. Our integrated risk management platform provides automation for key activities such as asset management, vendor due diligence, security questionnaires, control testing, and audit preparation.
