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Increased Transparency in Public Company Cybersecurity

New regulations aim to enhance citizen data security by requiring publicly traded companies to disclose whether their governing bodies possess cybersecurity expertise. This allows citizens to better assess how companies protect their data and investments from digital threats. If such expertise is lacking, companies must explain other measures taken for cybersecurity.
Key points
Publicly traded companies must disclose if their board members have cybersecurity expertise.
If no board member has such expertise, the company must describe other cybersecurity measures taken.
The goal is to increase trust in companies and protect citizen data from cyberattacks.
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Status:
Expired
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Additional Information
Cybersecurity Disclosure Act of 2021
Print number: S 808
Sponsor: Sen. Reed, Jack [D-RI]
Process start date: 2021-03-17
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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Summary & Status

Key Questions about Increased Transparency in Public Company Cybersecurity

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is S 808.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-03-17.

What are the main provisions?

Key points include:

  • Publicly traded companies must disclose if their board members have cybersecurity expertise.
  • If no board member has such expertise, the company must describe other cybersecurity measures taken.
  • The goal is to increase trust in companies and protect citizen data from cyberattacks.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Reed, Jack [D-RI].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

Analysis and Potential Impact of S 808

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Economy Security