Breach Notification , Business Continuity Management / Disaster Recovery , Events

Proposed SEC Rules Will Force Boards to Double Down on Cyber

Roger Sels, formerly of BlackBerry, on the SEC Mandating More Stringent Oversight of Cyber Risk
Roger Sels, former vice president (cyber) solutions, BlackBerry

Publicly traded companies will need to beef up their cybersecurity knowledge since the the U.S. Securities and Exchange Commission is proposing rules and guidelines that would mandate more stringent oversight of cyber risk, says Roger Sels, former vice president of cyber solutions for BlackBerry.

See Also: Demystifying Managed Detection and Response Services

In a video interview with Information Security Media Group at RSA Conference 2022, Sels also discusses:

  • Expectations for more timely and thorough reporting of breaches;
  • What the SEC is expecting from boards on their knowledge of cyber risk;
  • How the SEC expects boards to demonstrate cybersecurity oversight.

Sels serves as a trusted adviser with a focus on maximizing clients' cyber program value and impact. He is an accomplished CISO and CxO adviser with over 20 years of experience in developing and maturing new cyber capabilities. Sels has led large information and cyber security transformation programs to manage business risks at Fortune 50 organizations across financial services, insurance, telecom, technology, government, defense and intelligence community organizations. Before joining BlackBerry Security, he was the founding CISO at DarkMatter, a cybersecurity consulting firm serving mainly government, defense and intelligence agencies. Sels has held the highest security clearances from a number of governments and acted as a trusted adviser and management consultant to executives in major corporations including Deutsche Bank, AXA Technology Services and ING.


About the Author

Michael Novinson

Michael Novinson

Managing Editor, Business, ISMG

Novinson is responsible for covering the vendor and technology landscape. Prior to joining ISMG, he spent four and a half years covering all the major cybersecurity vendors at CRN, with a focus on their programs and offerings for IT service providers. He was recognized for his breaking news coverage of the August 2019 coordinated ransomware attack against local governments in Texas as well as for his continued reporting around the SolarWinds hack in late 2020 and early 2021.




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