Yahoo’s troubles for failing to timely disclose security breaches provides rare insight into quantifying the financial and other costs to a company’s shareholders and leadership when a security breach occurs and is...more
3/13/2017
/ Clawbacks ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Email ,
Hackers ,
Information Technology ,
Personally Identifiable Information ,
Securities and Exchange Commission (SEC) ,
Telecommunications ,
Verizon ,
Yahoo!
In 2016, new privacy, cybersecurity and/or data security legislation passed or became effective in a number of countries, some adopting data security measures for the first time. Several countries adopted cybersecurity...more
With the revelations that the Paris and San Bernardino attackers used encrypted communications to recruit, communicate and plan their attacks, the U.S. government is again pushing the tech industry to provide it backdoor...more
The Securities and Exchange Commission (“SEC”) recently settled its first cybersecurity-related enforcement action against a Missouri based registered investment adviser, R.T. Jones Capital Equities Management, Inc. (the ...more
10/2/2015
/ Broker-Dealer ,
Compliance ,
Confidential Information ,
Credit Monitoring ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Security ,
Enforcement Actions ,
Equity Plans ,
Fair Credit Reporting Act (FCRA) ,
Gramm-Leach-Blilely Act ,
Investment Adviser ,
Investment Companies ,
Investment Firms ,
Investment Portfolios ,
OCIE ,
Personally Identifiable Information ,
Regulation S-P ,
Risk Alert ,
Safeguards Rule ,
Securities and Exchange Commission (SEC)
An interagency working group led by The National Institute of Standards and Technology (NIST) and The Department of Commerce recently published a draft report (the “Report”) recommending that the U.S. government increase its...more
This month, the Ponemon Institute released its Fifth Annual Benchmark Study on Privacy & Security of Healthcare Data and its findings are generating a good deal of attention. In the past, the Study has found that most data...more
College and universities, like many other businesses and organizations, defend against millions of cyberattacks each day. Most recently, Penn State’s College of Engineering discovered a multi-year long cyberattack seeking...more
The New York State Department of Financial Services (NYDFS) recently published the results of its cybersecurity survey of more than 150 regulated small, medium, and large banking organizations. The survey asked for...more
Shortly after the discovery of a cybersecurity breach at the health insurance company Anthem, Inc., the National Association of Insurance Commissioners (NAIC) called for a multi-state examination of Anthem’s cybersecurity...more