The Securities and Exchange Commission (SEC) released its final rule on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure on July 26, 2023. This gives organizations approximately five months to confirm compliance plans before the new disclosure requirements take effect in mid-December. One of the important elements of the new disclosure requirements emphasizes the need for strong cyber governance. Specifically, applicable public organizations will have to describe the company’s governance of cybersecurity risks as it relates to: