Tag Archives: Helena K. Grannis

Crossing a New Threshold for Material Cybersecurity Incident Reporting

by Helena K. Grannis, Rahul Mukhi, Jonathan S. Kolodner, Tom Bednar, Nina E. Bell, and James P. Abate

Photos of authors

Helena K. Grannis, Rahul Mukhi, Jonathan S. Kolodner, Tom Bednar, Nina E. Bell, and James P. Abate (photos courtesy of Cleary Gottlieb Steen & Hamilton LLP)

In July 2023, the U.S. Securities and Exchange Commission (SEC) adopted final rules to enhance and standardize disclosure requirements related to cybersecurity. In order to comply with the new reporting requirements of the rules, companies will need to make ongoing materiality determinations with respect to cybersecurity incidents and series of related incidents. The inherent nature of cybersecurity incidents, which are often initially characterized by a high degree of uncertainty around scope and impact, and an SEC that is laser- focused on cybersecurity from both a disclosure and enforcement perspective, combine to present registrants and their boards of directors with a novel set of challenges heading into 2024. Continue reading →

Key Practices for Board Organization and Oversight of ESG

by Helena K. Grannis and Jeff J. Shim

Robust interest in ESG-related matters and growing demands from shareholders, regulators and various other stakeholders during 2021 have put management and boards of public companies firmly on notice that strong ESG policies, practices and commitments are key components to long-term organizational success, business resiliency and value creation.

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