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In 2024, the cybersecurity industry awaits more regulation — and enforcement
February 2, 2024
Contributed by: Drex DeFord
Biden administration moves forward with cybersecurity strategy to protect infrastructure, hold manufacturers accountable for product security, and compel private sector disclosure of material events. 2024 sees heightened push for cybersecurity regulation due to increased malicious threats. New rules prompt proactive risk management from companies to preempt cyber incidents. Enhanced regulations require companies to certify cyber resilience, and conditions mean cyber risks must be disclosed to SEC within four days. Enhanced product security regulations expected. SolarWinds pushes back against SEC allegations. Regulatory landscape not US-exclusive, EU introduces Cyber Resilience Act requiring minimum cybersecurity standards for all digital products sold.