NewRocket Launches Specialized Advisory Services Offering to Help Clients Address New SEC Cyber Risk Management and Incident Disclosure Mandate

"It has never been more important for organizations to have an effective and efficient cybersecurity and cyber risk program. Companies are dealing with a constantly changing threat landscape, ever-shifting attack surface, and increasing regulatory pressure," said Melissa Cohoe, Global Security, Risk & Resilience Strategist at NewRocket. "Failure to comply with the mandate could result in lawsuits from investors, SEC enforcement actions, and significant damage to a company's reputation. Moreover, companies who experience a material breach with a poor disclosure risk impact their brand and reputation, stock price, and financial performance. NewRocket is committed to helping our clients leverage leading-edge technology platforms like ServiceNow best to get the most value from their cybersecurity and cyber risk programs."

Published:

ServiceNow Elite Partner announces offering designed to guide enterprise leaders through impending cyber risk mandate change  

Vista, Calif. — October 10, 2023 — NewRocket, the go-to ServiceNow guide for global enterprise leaders, today announces a specialized Advisory Services offering designed to help global enterprise leaders navigate the recent regulations put forth by the Security and Exchange Commission (SEC) regarding cyber risk management – the Cybersecurity and Cyber Risk Gap Assessment.

Designed to help organizations demonstrate compliance with new cybersecurity regulations, NewRocket's Cybersecurity and Cyber Risk Gap Assessment enables enterprise leaders to build better cybersecurity and cyber risk programs to keep their organizations more resilient and protected in the face of constant threats.  

In late July 2023, the Security and Exchange Commission (SEC) voted to enact new regulations concerning cybersecurity.

The regulations now require public companies and foreign private issuers to disclose the following:

  • Cyber incidents with a material impact or are likely to have a material impact within four days.
  • Their annual processes, if any, for assessing, identifying, and managing cyber security risks and threats.
  • Any material risks that have affected or reasonably could affect the organization, and how.
  • The role of the board and management in overseeing cybersecurity governance.

The rules intend to provide investors with timely and consistent information to help them make informed investment decisions. By increasing scrutiny, these regulations also enforce the adoption of strong cybersecurity and cyber-risk best practices.

An impending concern for many organizations, compliance with these regulations will necessitate an annual cybersecurity disclosure for registrants with fiscal years commencing on or after December 15, 2023. Material incident disclosures will start shortly after, on December 18.

"It has never been more important for organizations to have an effective and efficient cybersecurity and cyber risk program. Companies are dealing with a constantly changing threat landscape, ever-shifting attack surface, and increasing regulatory pressure," said Melissa Cohoe, Global Security, Risk & Resilience Strategist at NewRocket." "Failure to comply with the new SEC mandate could result in lawsuits from investors, SEC enforcement actions, and significant damage to a company's reputation. Companies who experience a material breach with a poor disclosure risk impact their brand and reputation, stock price, and financial performance. NewRocket is committed to helping our clients leverage leading-edge technology platforms like ServiceNow best to get the most value from their cybersecurity and cyber risk programs."

Please click here for more information on our Cybersecurity and Cyber Risk Gap Assessment.

If you're interested in learning more about the outcomes  you can achieve by developing a robust cybersecurity program that leverages both the power of the ServiceNow platform and the deep expertise of NewRocket, visit the additional links below:

Improve your security incident response and incident disclosure

Increase visibility and prioritize high-risk vulnerabilities using business context

Effectively manage and report on Cyber Risks

About NewRocket

NewRocket is a global, full-service, elite ServiceNow partner that helps enterprise leaders navigate a rapidly changing business landscape. As the go-to ServiceNow guide, our Security, Risk, & Resilience team has both practitioners who have been where you are and savvy ServiceNow experts whose passion is Security Operations (SecOps), Integrated Risk Management (IRM), and helping organizations successfully prepare for, and implement cyber risk and cybersecurity initiatives.

Want to Learn More? Talk to an Expert
Contact Us

NewRocket Launches Specialized Advisory Services Offering to Help Clients Address New SEC Cyber Risk Management and Incident Disclosure Mandate

"It has never been more important for organizations to have an effective and efficient cybersecurity and cyber risk program. Companies are dealing with a constantly changing threat landscape, ever-shifting attack surface, and increasing regulatory pressure," said Melissa Cohoe, Global Security, Risk & Resilience Strategist at NewRocket. "Failure to comply with the mandate could result in lawsuits from investors, SEC enforcement actions, and significant damage to a company's reputation. Moreover, companies who experience a material breach with a poor disclosure risk impact their brand and reputation, stock price, and financial performance. NewRocket is committed to helping our clients leverage leading-edge technology platforms like ServiceNow best to get the most value from their cybersecurity and cyber risk programs."

Knowledge Wrap Video

The event provided a vibrant platform for reconnecting with peers, delving into AI transformation, and driving innovation with purpose. Read on to discover how NewRocket made its mark at Knowledge 2024.

What We Learned

From recent insights gathered, we learned that ServiceNow customers are increasingly receptive to adopting AI solutions and ServiceNow has the tools to embrace that head on. However, there's a gap in AI use-cases for more mature users, highlighting the need for a creative approach to accommodate their business needs.

In navigating AI adoption, organizations are challenged to find the delicate balance between embracing innovation and avoiding dependency on emerging technologies. Advisory consulting and trusted guidance beyond initial queries spark interest, particularly around AI's impact on operations. Read our AI blog series to learn more about our approach.

Excitement around GenAI is apparent, with most users eager to explore its potential benefits and invest in quick wins. Notably, advanced use cases like process mining are gaining traction. Key solution themes include interest in native mobile applications, Employee Center migration, and the urgent need for enhanced data capabilities.

Recognitions and Awards

ServiceNow Americas Employee Workflow Partner of the Year

The ServiceNow Americas Employee Workflow Partner of the Year award celebrates Partners' exceptional efforts in enhancing employee experiences through innovative collaborations and technology solutions. Learn More.

UK Public Sector Partner of the Year Award

The ServiceNow UK Public Sector Partner of the Year underscores  Partners' dedication to driving digital transformation and delivering exceptional outcomes for public sector organizations in the UK.

ServiceNow.org Partnership for Good Grant

The ServiceNow.org Partnership for Good Grant highlights Partners' commitment to leveraging technology for social impact and driving positive change in communities around the world. Learn More.

Top 10 Finalist for ServiceNow Best Employee Portal of the Year

ServiceNow's Best Employee Portal of the Year award recognizing Partners' dedication to creating innovative solutions that empower employees and enhance workplace experiences. Learn More.

NewRocket Booth

At ServiceNow's Knowledge 24 event, we connected with 350+ attendees at our booth, showcasing how NewRocket supports organizations on their ServiceNow journey. AI emerged as a key topic, reflecting the growing interest in its potential across businesses. Our strategic advisory approach, FlightPath, aligns technology with business objectives, drawing on our expertise in customer, employee, technology, and security transformation. Plus, we captivated attendees by transforming them into astronauts using AI. See the photo booth results here!

Workshops and Speaking Sessions

Beyond Personas: Developing Holistic Frameworks to Personalize User Solutions

Industry innovation: Consilio’s Transformation Journey on ServiceNow

Dive Into Prototyping to Accelerate Validation With Design Libraries

Make Better Business Decisions by Integrating Risk and Compliance

Participating in ServiceNow's Knowledge sessions and workshops this year was truly enriching. Interacting with customers and partners provided invaluable insights into the future state of ServiceNow and allowed us to have in-depth discussions on how we can collectively offer better experiences across various facets of the platform. From exploring advanced AI integrations to optimizing workflow processes, the conversations were not only enlightening but also inspiring, fueling our commitment to innovation and excellence in the ServiceNow ecosystem. We can't wait to see you next year!

NewRocket Party

Our poolside event at the Capri restaurant in Las Vegas provided a refreshing break from the conference hustle, allowing us to unwind and connect with friends, colleagues, partners, and customers in the cool open air. As the night progressed, we loved creating unforgettable memories and strengthening our bonds within the ServiceNow community.