In a stinging rebuke of its attempted cybersecurity-related enforcement against a public company, a federal judge recently dismissed most of the charges that the U.S. Securities and Exchange Commission (SEC) had filed against...more
8/15/2024
/ Chief Information Security Officer (CISO) ,
Cybersecurity ,
Enforcement ,
Enforcement Authority ,
Fraud ,
Internal Controls ,
New Rules ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
SolarWinds
At one time, False Claims Act (FCA) investigations and enforcement actions were largely focused on health care and defense contracts. While those two areas continue to dominate the FCA landscape, cybersecurity has emerged as...more
Data breach class actions are again on the rise, with a recent report by Lex Machina confirming what many cybersecurity practitioners have seen first-hand over the last two years. The findings also reaffirm longstanding best...more
7/23/2024
/ Class Action ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Investment ,
Multidistrict Litigation ,
Popular ,
Risk Assessment ,
Risk Management ,
SCOTUS ,
Supply Chain ,
TransUnion LLC v Ramirez
Share on Twitter Print Share by Email Share Back to top “The basic idea for covered firms is if you’ve got a breach, then you’ve got to notify. That’s good for investors.” Those were among the remarks that U.S. Securities and...more
6/14/2024
/ Breach Notification Rule ,
Cybersecurity ,
Data Breach ,
Enforcement ,
Financial Institutions ,
Incident Response Plans ,
Investigations ,
Regulation S-P ,
Regulatory Standards ,
Reporting Requirements ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
Third-Party Service Provider