The U.S. Securities and Exchange Commission announced on April 24, 2018 that Yahoo! (now known as Altaba, Inc.) agreed to pay a $35 million civil penalty to resolve claims that it failed to appropriately and timely disclose...more
5/21/2018
/ Cease and Desist ,
Civil Monetary Penalty ,
Cybersecurity ,
Data Breach ,
Disclosure Requirements ,
Enforcement Actions ,
Failure To Disclose ,
Hackers ,
Personally Identifiable Information ,
Popular ,
Public Disclosure ,
Risk Management ,
Russia ,
Section 17(a) ,
Securities and Exchange Commission (SEC) ,
Settlement Agreements ,
Yahoo!
On February 21, 2018, the U.S. Securities and Exchange Commission (“SEC”) released interpretive guidance to assist public companies in the proper disclosure of cybersecurity risks and incidents (“New Guidance”) – seven years...more
3/6/2018
/ Administrative Interpretation ,
Board of Directors ,
CEOs ,
CFOs ,
Cybersecurity ,
Disclosure Requirements ,
Division of Corporate Finance ,
Insider Trading ,
New Guidance ,
Publicly-Traded Companies ,
Risk Management ,
Securities and Exchange Commission (SEC)