In the wake of last month’s historic cyber breach of Equifax, which resulted in the theft of sensitive personal information belonging to over 140 million Americans, states have wasted no time in seeking a greater role in...more
10/13/2017
/ Credit Reporting Agencies ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Enforcement Actions ,
Equifax ,
Government Investigations ,
Hackers ,
Personally Identifiable Information ,
Popular ,
Proposed Legislation ,
Regulatory Oversight ,
Regulatory Standards ,
Risk Management
On September 7, 2017, Equifax, one of the country’s three primary credit reporting bureaus, announced it had suffered a major cybersecurity breach that could potentially affect half of the U.S. population. According to the...more
9/25/2017
/ Class Action ,
Corporate Counsel ,
Credit Reporting Agencies ,
Cyber Attacks ,
Data Breach ,
Disclosure Requirements ,
Equifax ,
Hackers ,
Identity Theft ,
Non-Public Information ,
Personally Identifiable Information ,
Popular ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Securities Violations
Last week’s massive ransomware attack should serve as a wake-up call that companies across all industries and regions must take the threat of global cyber attacks seriously. Although investigators are still uncovering...more
5/17/2017
/ Cyber Attacks ,
Cyber Crimes ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Hackers ,
Malware ,
Personally Identifiable Information ,
Phishing Scams ,
Popular ,
Ransomware
In a case of “cyber meets securities fraud,” the United States Attorney’s Office for the Southern District of New York (“SDNY”) recently indicted three foreign nationals on charges of insider trading, wire fraud, and computer...more
1/17/2017
/ Acquisitions ,
Confidential Information ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Security ,
Electronically Stored Information ,
Email ,
Foreign Nationals ,
Hackers ,
Insider Trading ,
Internet ,
Legal Representatives ,
Malware ,
Mergers ,
Non-Public Information ,
Popular ,
Risk Management ,
Securities Exchange Act ,
Wire Fraud
The Supreme Court in Shaw v. United States recently held that the federal bank fraud statute does not require that defendants cause, or intend to cause, an actual financial loss to the financial institutions they seek to...more
12/20/2016
/ Bank Fraud ,
Bank Fraud Act ,
Banking Sector ,
Banks ,
Criminal Prosecution ,
Cyber Crimes ,
Cybersecurity ,
Financial Institutions ,
Hackers ,
Popular ,
SCOTUS ,
Shaw v United States