Managing these risks at a single company should be straightforward. Executives and CISOs may be personally held accountable for cyber failings, negligence, breaches, and inadequate disclosure around cyber vulnerabilities and...more
4/3/2024
/ Chief Information Security Officer (CISO) ,
Corporate Governance ,
Cyber Insurance ,
Cybersecurity ,
D&O Insurance ,
Data Breach ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
Investigations ,
Liability ,
Popular ,
Private Equity ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Whistleblowers
On March 7, 2024, Deputy Attorney General Lisa Monaco announced a new 90-day pilot program at the Department of Justice (DOJ) to incentivize whistleblowers. The program is inspired by and generally follows similar programs...more
3/13/2024
/ CFTC ,
Criminal Investigations ,
Department of Justice (DOJ) ,
Enforcement Actions ,
False Claims Act (FCA) ,
FinCEN ,
IRS ,
Pilot Programs ,
Qui Tam ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Whistleblower Protection Policies ,
Whistleblowers
At this point, it is self-evident that companies are grappling with an ever-evolving (think: tougher) cyber risk terrain. However, two recent cases against companies and their Chief Information Security Officers (CISOs),...more
2/27/2024
/ Board of Directors ,
Breach of Duty ,
Chief Information Security Officer (CISO) ,
Cyber Incident Reporting ,
Cybersecurity ,
Data Breach ,
Disclosure Requirements ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Popular ,
Regulatory Agenda ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Whistleblowers
Only a few months into the new year and the U.S. Securities and Exchange Commission (SEC) has begun to wade into new waters with enforcement efforts focused on disclosure issues without traditional links to securities...more