Most businesses in the United States will have to file incident reports—including for ransomware payments—under the Proposed Rule.
The Department of Homeland Security has the authority to issue subpoenas and even penalties...more
4/10/2024
/ Covered Entities ,
Critical Infrastructure Sectors ,
Cyber Incident Reporting ,
Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) ,
Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Department of Homeland Security (DHS) ,
Enforcement Actions ,
New Rules ,
NPRM ,
Popular ,
Proposed Regulation ,
Ransomware ,
Reporting Requirements ,
Risk Management
Under the SEC’s rules, public companies that are subject to reporting requirements must promptly disclose material cybersecurity incidents.
The SEC’s Final Rules require public companies to report a material cybersecurity...more
7/31/2023
/ Compliance ,
Cyber Incident Reporting ,
Cybersecurity ,
Disclosure Requirements ,
Final Rules ,
Investors ,
National Security ,
New Rules ,
Public Safety ,
Regulation S-K ,
Reporting Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC)
Providers of sports betting services must ensure that their cybersecurity protocols and data privacy policies adequately protect their systems and users.
Since the Supreme Court struck down the federal ban on sports gambling...more
5/11/2022
/ Casinos ,
Cyber Attacks ,
Cybersecurity ,
Data Collection ,
Data Privacy ,
Incident Response Plans ,
Murphy v National Collegiate Athletic Association ,
Online Gaming ,
Policies and Procedures ,
Popular ,
Risk Management ,
SCOTUS ,
Sensitive Personal Information ,
Sports Betting ,
Sports Gambling
Brian Finch recently returned to Joel Simon‘s Industry Insights podcast to discuss the uptick in cyberattacks, data breaches perpetuating insider trading and strategies companies can employ to guard against these problems....more
Practical steps to address cybersecurity threats—precautions to prepare for the possible system impacts from COVID-19.
Organizations preparing for COVID-19 are testing and implementing business continuity plans to address...more
3/10/2020
/ Business Continuity Plans ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Data Protection ,
Infectious Diseases ,
Phishing Scams ,
Popular ,
Public Health ,
Remote Working ,
Risk Management ,
Telecommuting
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
On May 11th, in the wake of a series of wide-ranging cyber breaches and attacks plaguing public and private sectors alike, President Trump signed a long-awaited Executive Order on Strengthening the Cybersecurity of Federal...more
6/2/2017
/ Critical Infrastructure Sectors ,
Cybersecurity Framework ,
Data Protection ,
Executive Orders ,
Hackers ,
Information Technology ,
National Security ,
NIST ,
Popular ,
Risk Management ,
Trump Administration
Retirement plan sponsors face ever-evolving cyber-related threats to plan assets and participant personal information. To combat such threats, plan sponsors should proactively assess the third-party service providers’ ability...more
On January 22, 2016, the Food and Drug Administration (FDA) issued draft guidance titled “Postmarket Management of Cybersecurity in Medical Devices,” setting forth proposed recommendations for the medical device industry as...more
Today as companies increasingly realize the value of strong cybersecurity, those CIOs who successfully implement an effective cybersecurity system should be viewed as a critical part of the revenue generation effort. An...more