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Data Protection Hackers Enforcement Actions

Allen Matkins

SEC Continues Its Persecution Of Crime Victims

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More than a decade ago, I expressed concern about the Securities and Exchange Commission's predilection for targeting victims of crimes.   That concern related to an enforcement action against a company that had been...more

Robinson+Cole Data Privacy + Security Insider

Intercontinental Exchange Settles with SEC Over Alleged Delay in Notification of Hack

Intercontinental Exchange, Inc. (ICE), the owner of the New York Stock Exchange, has agreed to settle with the Securities and Exchange Commission (SEC) for $10 million over allegations that it failed to timely notify the SEC...more

Jones Day

Federal Court Grants the SEC Limited Access to the Identities of Law Firm Clients Impacted by a Cyberattack

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In Short - The Situation: Following a cyberattack on a law firm's systems, the Securities and Exchange Commission ("SEC") subpoenaed the firm for information, including the identity of clients whose information may have...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - March 2023 #2

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CYBERSECURITY - Clop Claims Zero-Day Attacks Against 130 Organizations - Russia-linked ransomware gang Clop has claimed that it has attacked over 130 organizations since late January, using a zero-day vulnerability in...more

Davis Wright Tremaine LLP

SEC Settles Ransomware Disclosure Charges for $3 Million

The U.S. Securities and Exchange Commission ("SEC" or the "Commission") has ordered Blackbaud, Inc. ("Blackbaud") to pay $3 million to resolve claims that it made materially misleading statements about a 2020 ransomware...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2023

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CYBERSECURITY - World Economic Forum’s Global Cybersecurity Outlook for 2023 Is Bleak - Sorry to be the bearer of bad news but remember that I am only the messenger. According to the World Economic Forum’s Global...more

Dechert LLP

Dechert Cyber Bits - Issue 15

Dechert LLP on

California Privacy Protection Agency previews draft regulations - On June 8, 2022, less than two months since the California Privacy Protection Agency (“CPPA”) formally took over rulemaking for the California Consumer...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - June 2022

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CYBERSECURITY - Verizon’s 2022 Data Breach Investigations Report: A Must Read - I love Verizon’s annual Data Breach Investigations Report (DBIR). I have pored over its content every year since its inception in 2008. (Just...more

Proskauer Rose LLP

Trends in Privacy and Data Security: 2021

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An Article addressing key privacy and data security developments in 2021 and likely trends for 2022, including federal and state regulation and enforcement. This Article also discusses private litigation related to data...more

Holland & Knight LLP

2021: Year In Review - SEC Signals More Aggressive Posture in Cybersecurity Space

Holland & Knight LLP on

We continue our year-end review of SEC enforcement activity and turn our attention to a topic grabbing seemingly daily headlines across multiple industries: cybersecurity. As the risks – and realities – of cyberattacks...more

Bilzin Sumberg

Recent Settlements and Penalties Show Perils of Data Breaches

Bilzin Sumberg on

Two major U.S. financial institutions, Morgan Stanley and Capital One, recently agreed to resolve separate class action lawsuits by paying, in the aggregate, hundreds of millions of dollars in compensation for massive data...more

The Volkov Law Group

DOJ Battles Ransomware Attacks

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The Justice Department continues to attack and dismantle global ransomware extortion organizations.  Business surveys often confirm that executives are hyper-focused on the risk of ransomware attacks against businesses....more

Brownstein Hyatt Farber Schreck

When Should a Public Company Disclose a PCI Breach?

As companies collect growing amounts of data about their customers and other consumers, sophisticated adversaries, recognizing the value of this information, have increased their efforts to pilfer it. For publicly traded...more

Jones Day

Jones Day Global Privacy & Cybersecurity Update | Vol. 28

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UNITED STATES - Regulatory—Policy, Best Practices, and Standards - President Biden Issues Cybersecurity Executive Order  - On May 12, 2021, President Biden issued an executive order that placed new standards on the...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - June 2021 #2

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CYBERSECURITY - Another Win for Justice Department: Slilpp Marketplace Takedown - People always ask me if law enforcement is having any luck in combatting cyber criminals. Let me be clear: it is a very tough job to take...more

Robinson+Cole Data Privacy + Security Insider

Another Win for Justice Department: Slilpp Marketplace Takedown

People always ask me if law enforcement is having any luck in combatting cyber criminals. Let me be clear: it is a very tough job to take down cyber criminals located in other countries or sponsored by foreign nations. Our...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2021 #2

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CYBERSECURITY - Ubiquiti Notifies Customers of Breach - Ubiquiti, a manufacturer of products used for networks such as routers, webcams and mesh networks, announced this week that an unauthorized access to its systems...more

Morgan Lewis

How to Prepare for Cybersecurity Incidents and Enforcement Actions

Morgan Lewis on

As financial damages caused by cyberattacks continue to rise, many companies are looking for ways to both prepare for potential risk and respond to an actual incident. ...more

Hogan Lovells

EU imposes cyber sanctions for the first time

Hogan Lovells on

The European Union has imposed restrictive measures against six individuals and three entities responsible for or involved in various cyber-attacks, including the attempted attack against the Organisation for the Prohibition...more

Orrick, Herrington & Sutcliffe LLP

ICO Fines: When Is An Appeal Appealing?

The decision to appeal a regulatory finding is never taken lightly. By the time a regulator has completed its investigation and notified a company of its intention to fine, the company will have invested significant time and...more

Carlton Fields

Recent Cases Indicate Viability of False Claims Act Liability Connected to Federal Cybersecurity Standards

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Government contractors are no strangers to the numerous quality standards and assurances required by the government. Over the past several years, cybersecurity in federal contracting has emerged as yet another standard to...more

Robinson+Cole Health Law Diagnosis

Texas Health and Human Services Fined $1.6 Million for HIPAA Violations

The Office for Civil Rights (OCR) announced that it has fined the Texas Health and Human Services Commission (TXHHS) $1.6 million for HIPAA violations. This is one of the few fines the OCR has levied against a state agency....more

Mitratech Holdings, Inc

The Scariest Data Privacy Breaches of 2019

Mitratech Holdings, Inc on

With it being Halloween, October being National Cybersecurity Awareness Month, and 2019 drawing to an end, let’s take a look at the data privacy breaches giving compliance professionals a fright this year! ...more

Orrick, Herrington & Sutcliffe LLP

Recent FTC Cybersecurity Settlements Highlight Benefits and Risks of Settling vs. Litigating

Amidst mounting pressure to pursue cybersecurity more aggressively, the Federal Trade Commission (“FTC”), the federal government’s most active enforcer in the space, has recently imposed increasingly stringent cybersecurity...more

Womble Bond Dickinson

New York: Reasonable InfoSec or Not Reasonable InfoSec? That Is The Question.

Womble Bond Dickinson on

Last week, the New York State Senate, at the request of the state attorney general, passed the “Stop Hacks and Improve Electronic Data Security Act” (the “Shield” Act). The bill is currently working its way through the New...more

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