XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to their rule proposal on Cybersecurity Risk Management for Investment Advisers, Registered Investment Companies, and Business Development Companies. In our letter, we agreed with the Commission proposal that cybersecurity incident data be reported in Inline XBRL format to increase the Commission’s ability to assess risk and monitor activities, and to identify trends in cybersecurity incidents, as well as systemic risks across the market. Capturing this information in machine-readable format will ensure that cybersecurity information is more readily available, accessible, and comparable for investors, other market participants, and the Commission.
Read the letter: XBRL US Comment on Cybersecurity Risk Management for IM, File Number S7-04-22
