“When you’re dealing with an incident and you’re still knee-deep in the response four days in, you’ve identified, ‘oh, shoot, our dumpster is on fire!’ but you haven’t even figured out what materials necessarily are in the dumpster as it’s burning — and you’ve got to start reporting,” said Wharton “Knowing that as stuff ebbs and flows, public companies are going to have to update [those disclosures].”