US SB2410 | 2015-2016 | 114th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on December 17 2015 - 25% progression, died in committee
Action: 2015-12-17 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S8795)
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Cybersecurity Disclosure Act of 2015 This bill directs the Securities and Exchange Commission (SEC) to issue final rules requiring each reporting company to: disclose in its mandatory annual report or annual proxy statement whether any member of its governing body has expertise or experience in cybersecurity, including details necessary to describe fully the nature of that expertise or experience; and if no member has such expertise or experience, describe what other company cybersecurity steps were taken into account by any persons, such as a nominating committee, responsible for identifying and evaluating nominees for the governing body. The SEC shall also, in coordination with the National Institute of Standards and Technology, define what constitutes expertise or experience in cybersecurity, such as professional qualifications to administer information security program functions or experience detecting, preventing, mitigating, or addressing cybersecurity threats.

Tracking Information

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Title

Cybersecurity Disclosure Act of 2015

Sponsors


History

DateChamberAction
2015-12-17SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S8795)

Subjects


US Congress State Sources


Bill Comments

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