DOJ launches new initiative that promises to use the False Claims Act to combat cybersecurity threats by targeting government contractors who knowingly fail to comply with cybersecurity protocols.
The Civil Cyber-Fraud...more
10/26/2021
/ Cybersecurity ,
Cybersecurity Maturity Model Certification (CMMC) ,
Department of Justice (DOJ) ,
Executive Orders ,
False Claims Act (FCA) ,
Federal Contractors ,
Federal Grants ,
Fraud ,
Joe Biden ,
Popular ,
Safeguards Rule ,
Whistleblower Protection Policies
Takeaways
- Companies that suffer cyberattacks can expect not sympathy but scrutiny from legal authorities.
- D&O insurance can cover not only litigation but also investigation costs.
- Strategic negotiation of...more
9/22/2017
/ Attorney General ,
Civil Investigation Demand ,
Cyber Attacks ,
Cyber Insurance ,
Cybersecurity ,
D&O Insurance ,
Data Breach ,
Data Privacy ,
Derivative Suit ,
Errors and Omissions Policy ,
Government Investigations ,
Internal Investigations ,
Legal Costs ,
Personally Identifiable Information ,
Popular ,
Risk Management ,
Risk Mitigation ,
Shareholder Litigation ,
Subpoenas ,
Unfair or Deceptive Trade Practices
Are criminal cyberattacks increasing in sophistication and frequency? Yes.
Is every company, in every industry, that collects or stores sensitive customer, employee, or business data vulnerable to cyberattacks?...more