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SEC Advances Three Cybersecurity Rule Proposals to Public Comment

If adopted, these proposed rules would (i) enhance protection of customer information under Regulation S-P, (ii) add new requirements addressing cybersecurity risk to the U.S. securities markets, and (iii) expand the types of...more

Jones Day Global Privacy & Cybersecurity Update | Vol. 27

United States - Regulatory—Policy, Best Practices, and Standard - NIST Unveils Draft Guidance to Protect Critical Infrastructure - On October 22, 2020, the National Institute of Standards and Technology ("NIST")...more

DOJ's Business Email Compromise Takedown Illustrates Pervasiveness of Internet Fraud Schemes

On June 12, 2018, the U.S. Department of Justice announced the internationally coordinated arrests of 74 individuals involved in a series of multimillion-dollar business email compromise schemes ("BEC"). Although these...more

DOJ Takes Action Against Sophisticated Botnet Linked to Russian DNC Hackers

On May 23, 2018, the U.S. Department of Justice ("DOJ") publicly announced its seizure of botnet infrastructure used by malware dubbed "VPNFilter." DOJ indicated that the sophisticated malware was linked to APT 28, the group...more

SEC Announces Yahoo Will Pay $35 Million for Failure to Disclose Data Security Incident

The Situation: The SEC accused Altaba Inc., then known as Yahoo! Inc., of misleading investors by failing to disclose a major data breach orchestrated by Russian hackers. The Result: Altaba has agreed to pay $35 million to...more

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