On July 18, 2024, the U.S. District Court for the Southern District of New York dismissed most of the claims brought by the Securities and Exchange Commission (the “Commission”) against SolarWinds Corp. and its Chief...more
8/13/2024
/ Accounting Standards ,
Chief Information Security Officer (CISO) ,
Cyber Attacks ,
Disclosure Requirements ,
Dismissals ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Fraud ,
Internal Controls ,
Sarbanes-Oxley ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
SolarWinds
On October 30, 2023, the Securities and Exchange Commission (“SEC”), filed a complaint against SolarWinds Corp. (“SolarWinds” or the “Company”) for fraud and internal and disclosure controls failures relating to allegedly...more
On May 23, 2023, the Cybersecurity and Infrastructure Security Agency (CISA) published a second edition of the #StopRansomware Guide (the Guide). The Guide, first published in September 2020, aims to help organizations reduce...more
On December 17, 2020, the Office of the Comptroller of the Currency, Treasury (OCC); the Federal Reserve; and the Federal Deposit Insurance Corporation (FDIC) issued a Notice of Proposed Rulemaking that would require...more
12/22/2020
/ Bank Secrecy Act ,
Banking Regulators ,
Banks ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Financial Institutions ,
GLBA Privacy ,
NPRM ,
Popular ,
Reporting Requirements ,
Suspicious Activity Reports (SARs)
We hope you have read about the reporting on potential ransomware attacks on US hospitals and perhaps other health care providers. If you have not, please review this guidance from the government agencies involved in this...more
With interconnectivity and use of digital storage expanding, cyberthreats posed by nation states, commercial competitors, company insiders, transnational organised crime and ‘hacktivists’ are growing on a global basis. Recent...more
3/7/2016
/ China ,
Cloud Computing ,
Credit Cards ,
Cyber Attacks ,
Cybersecurity ,
Data Protection ,
Disclosure Requirements ,
EU ,
European Court of Justice (ECJ) ,
Executive Orders ,
General Data Protection Regulation (GDPR) ,
Intellectual Property Protection ,
Popular ,
Securities and Exchange Commission (SEC) ,
Trade Secrets ,
Trans-Pacific Partnership ,
UK ,
US-EU Safe Harbor Framework
On Wednesday, April 29, the US Department of Justice released guidance titled “Best Practices for Victim Response and Reporting of Cyber Incidents.” The guidance outlines steps companies should take before, during, and after...more
On April 1, 2015, President Obama issued an Executive Order authorizing the imposition of sanctions against designated individuals or entities found to be engaged in malicious cyber activity, including various forms of...more