2017 has reminded us that data security threats continue to evolve and that the stakes for companies can be very high if their data security programs fail to evolve as well. Before the recent announcement of Equifax’s...more
9/19/2017
/ Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Security ,
Equifax ,
Hackers ,
Human Resources Professionals ,
Phishing Scams ,
Ransomware ,
Risk Assessment ,
Risk Mitigation ,
Tax Fraud ,
Tax Scams ,
Third-Party Service Provider
Computer systems around the world have been impacted by the largest cyber-extortion attack in history. According to news reports, the “ransomware” attack hit more than 200,000 victims in 150 countries since it started on...more
5/16/2017
/ Commercial Insurance Policies ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Protection ,
Employee Training ,
FBI ,
Forensic Examination ,
Hackers ,
Incident Response Plans ,
Microsoft ,
National Security Agency (NSA) ,
Ransomware
The SEC announced last week that an investment adviser had agreed to settle charges that it failed to take required steps to protect against and respond effectively to a cybersecurity breach. The action comes on the heels of...more
9/29/2015
/ Best Practices ,
Board of Directors ,
Broker-Dealer ,
Capital Markets ,
Compliance ,
Corporate Counsel ,
Cyber Attacks ,
Cyber Crimes ,
Cyber Incident Reporting ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Loss Prevention ,
Data Security ,
Department of Health and Human Services (HHS) ,
Department of Justice (DOJ) ,
Disclosure Requirements ,
Due Diligence ,
Enforcement Actions ,
FCC ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Hackers ,
Incident Response Plans ,
Investment Adviser ,
OCR ,
Popular ,
Regulation S-P ,
Risk Alert ,
Risk Assessment ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Third-Party Service Provider
Since at least 2005, the Federal Trade Commission has asserted that it may regulate lax data security practices as an “unfair” business practice under Section 5 of the FTC Act. The Wyndham hotel chain was the first to...more
8/27/2015
/ COPPA ,
Credit Cards ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Security ,
Debit Cards ,
Fair Credit Reporting Act (FCRA) ,
Federal Trade Commission (FTC) ,
Fraudulent Charges ,
FTC Act ,
FTC v Wyndham ,
Hackers ,
Personally Identifiable Information ,
Popular ,
SCOTUS ,
Section 5 ,
Unfair or Deceptive Trade Practices ,
Wyndham