diff --git a/SECURITY.md b/SECURITY.md
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--- a/SECURITY.md
+++ b/SECURITY.md
@@ -1,5 +1,19 @@
 # Security Policy
 
+## Supported Versions
+
+Payload actively supports the current major release with security updates.
+
+| Version | Supported |
+| --- | --- |
+| 3.x | :white_check_mark: |
+| < 3.0 | :x: |
+
 ## Reporting a Vulnerability
 
-Please report any security issues or concerns to [security@payloadcms.com](mailto:security@payloadcms.com).
+Please report any security issues or vulnerabilities privately to [security@payloadcms.com](mailto:security@payloadcms.com).
+
+### Response Timeline
+- We will acknowledge receipt of your security report within 48 hours.
+- We will provide regular status updates regarding investigation and resolution.
+