A breach at your vendor can become your 8-K. Coverbase helps you see it coming.
The SEC's 2023 cybersecurity rules require public companies to describe their risk-management processes annually and to disclose material incidents on Form 8-K within four business days of deciding they're material. The rules count third-party and cloud systems you use, so a vendor incident can trigger your obligation.
Who the SEC rules apply to
The rules, adopted by the SEC in July 2023, apply to public companies (SEC registrants). Regulation S-K Item 106 covers annual disclosure of cybersecurity risk management and governance; Form 8-K Item 1.05 covers material incident disclosure. The four-business-day clock starts when you determine an incident is material, not when you discover it. Reduced visibility into a third party's systems doesn't excuse disclosure.
What the SEC rules ask of you
Annual risk-management disclosure
Describe how you assess, identify, and manage material cybersecurity risks, including from third parties, and how the board oversees them.
Material incident disclosure
File an 8-K describing a material incident's nature, scope, timing, and impact.
A four-business-day clock
Disclose within four business days of determining the incident is material.
Third-party systems count
An incident on a vendor or cloud system you use can be material to you.
Know your third-party exposure before you disclose it
You can't assess materiality on a vendor incident if you don't know what the vendor touches. Coverbase keeps that picture current.
Vendor and data mapping
Know which vendors support which systems and data, so impact is faster to judge.
Continuous monitoring
Catch vendor incidents and changes through standing monitoring.
Incident-ready records
Pull the vendor facts you need when the four-day clock starts.
Governance evidence
Support your annual disclosure with documented third-party risk processes.
One platform for third-party risk and security
Speed with control
Automate intake, assessment, and monitoring with built-in guardrails that preserve policy integrity.
Explain with confidence
AI provides traceable reasoning for every recommendation, so you can defend every risk rating and finding.
Automate with assurance
Adapt controls and meet regulatory changes in minutes, not months, without breaking your program.
Building Trust, Together
Some of the world's most innovative and security conscious enterprises trust us to safeguard their data. We see security and privacy not as checkboxes, but as an ongoing promise to our customers. For questions about our security program or to report a vulnerability, please contact us at security@coverbase.ai