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Target, University of Maryland Testify on Data Breaches; Congress, FTC and SEC Continue Inquiries

On Wednesday, March 26, 2014, the Senate Committee on Commerce, Science and Transportation held a hearing entitled “Protecting Personal Consumer Information from Cyber Attacks and Data Breaches” and heard testimony from...more

3/27/2014 - Cybersecurity Data Breach Data Protection FTC Investigations SEC Target

House Energy & Commerce Subcommittee Holds Hearing on Data Security

On February 5, the House Energy & Commerce Subcommittee on Commerce, Manufacturing and Trade held a hearing titled “Protecting Consumer Information: Can Data Breaches Be Prevented?” The hearing follows two consecutive Senate...more

2/7/2014 - Cyber Attacks Cybersecurity Data Breach Data Protection DHS FTC Neiman Marcus Target

Senate Committees Hold Data Security Hearings

On Monday, February 3, and Tuesday, February 4, the Senate Banking and Senate Judiciary Committees (respectively) held hearings on the topic of data security and breach notification. Witnesses at both hearings included...more

2/5/2014 - Cybersecurity Data Breach Data Protection FTC Neiman Marcus Target

House and Senate Committees to Hold Data Breach Hearings in February

In the wake of recent data breaches at major retailers Target and Neiman Marcus, Senate Judiciary Chairman Patrick Leahy (D-VT) has renewed his efforts to enact stronger data security requirements for companies that collect...more

1/17/2014 - Breach Notification Rule Cybersecurity Data Breach Data Protection Neiman Marcus Personally Identifiable Information Target

Are You Another Target for Hackers? 2014 Cybersecurity Risk Disclosure Reminder

As calendar-year public companies approach annual reporting season, issuers should consider whether or not their current risk factor disclosures, as well as their “forward looking statements” language, are adequate in light...more

1/14/2014 - Cyber Attacks Cybersecurity Data Breach Data Protection SEC

Texas Gulf Selfie? The Changing (and Disappearing) Face of Insider Trading

In recent weeks, U.S Department of Justice investigations into currency traders have drawn renewed attention to the permanence of even seemingly fleeting communications. In that investigation, the DOJ is looking at, among...more

12/5/2013 - DOJ Insider Trading Investigations

SEC Issues Proposed Rules on Crowdfunding Capital Markets

Yesterday, the SEC proposed rules to permit companies to offer and sell securities through crowdfunding, as required by the Jumpstart Our Business Startups Act of 2012. Crowdfunding, which has become popular in recent years...more

10/25/2013 - Crowdfunding Dodd-Frank EDGAR General Solicitation JOBS Act Rule 506 Offerings SEC Startups

Adopting a Social Media Policy: Best Practices

Social media platforms, including Facebook, Twitter, YouTube and LinkedIn, allow companies to communicate with their investors, costumers and the general public, and provide a 24/7 outlet for corporate disclosure. As social...more

10/21/2013 - Marketing Regulation FD Social Media Policy

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