News & Analysis as of

Data Breach Cybersecurity Chief Information Security Officer (CISO)

Woodruff Sawyer

Cyber Insurance in 2025: What to Expect

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In our annual Cyber Looking Ahead Guide, we share key insurance market themes that emerged in 2024 and offer our predictions for 2025. Here are the trends we examine in the Guide: We also explore some pressing topics we...more

Constangy, Brooks, Smith & Prophete, LLP

Constangy’s 10 must-read articles of 2024

As we welcome 2025, here are 10 must-read Constangy bulletins and blog posts from 2024, highlighting insights that guided our readers through important legal developments, workplace issues, and the challenges in cybersecurity...more

Jackson Lewis P.C.

AI versus MFA

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Ask any chief information security officer (CISO), cyber underwriter or risk manager, or cybersecurity attorney about what controls are critical for protecting an organization’s information systems, you’ll likely find...more

Constangy, Brooks, Smith & Prophete, LLP

Where should the buck stop? Risks to CISOs in today’s regulatory environment

Joseph Sullivan, Uber’s beleaguered former Chief Information Security Officer, was back in the news last month when he appealed his 2023 conviction for his role in concealing a 2016 breach of Uber’s network and customer data....more

Society of Corporate Compliance and Ethics...

[Webinar] Navigating the Changing Cybersecurity Landscape - September 12th, 12:00 pm - 1:30 pm CT

Learning Objectives: - Gain an understanding of recent changes to the cyber security landscape - Where to start: elevate your cyber security risk management - Educate on the future of cyber security in healthcare and...more

Accelerynt, Inc.

Silent Threats, Unseen Risks: A Call to Transform Operational Security

Accelerynt, Inc. on

What if a single compromised credential could silently bring down your entire organization? Our recent threat hunts across Fortune 100 clients suggest that this isn't just a possibility—it's a reality....more

Woodruff Sawyer

Violent Delights, Violent Ends? Two Possible Futures of SEC Cyber Regulation

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What do the SolarWinds ruling and other recent developments mean for the future of the SEC’s cyber regulatory program? Will the SEC’s “lack of moderation” result in “violent ends” for its cyber agenda? Or will the current...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 42: Beyond the Breach: The CISO’s Role as a Strategic Risk Manager

RegFi co-hosts Jerry Buckley and Sherry Safchuk welcome Orrick partner Aravind Swaminathan for a conversation exploring the critical and evolving role of the Chief Information Security Officer in today’s corporate landscape.....more

Holland & Knight LLP

SEC Cyber Enforcement Update: Which Way Are the SolarWinds Blowing? (Update)

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This Holland & Knight blog post is the second installment in a two-part series that examines the challenges to the U.S. Securities and Exchange Commission's (SEC) charges in its landmark case against SolarWinds Corp....more

BCLP

SDNY Dismisses Majority of SEC Landmark Charges Against SolarWinds and CISO

BCLP on

On July 18, 2024, District Court Judge Engelmayer of the Southern District of New York issued his 107-page opinion and order dismissing most – but not all – of the landmark allegations of the SEC against SolarWinds Corp. and...more

Parker Poe Adams & Bernstein LLP

Key Lessons for Cybersecurity and IT Leaders From Judge's Recent Fraud Decision in SEC Case Against SolarWinds

On July 18, a New York federal judge threw out most of the SEC’s claims brought against both SolarWinds Corp. and the company’s chief information security officer (CISO), Timothy Brown....more

Holland & Knight LLP

SEC Expands Scope of Internal Accounting Controls in Cybersecurity Breach Settlement

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The SEC continues to expand its cybersecurity enforcement authority to include allegations that a company's failure to monitor its managed security service providers (MSSP) amounts to violations of federal securities laws....more

Society of Corporate Compliance and Ethics...

[Webinar] How Does the Old Saying Go? It's Not if Your Organization is Going to Have a Privacy Incident (aka Data Breach) But...

Learning Objectives: - Determine when a Privacy Incident Response Plan is needed - Identify the key steps and roles needed in a Privacy Incident Response Plan - Examine and bridge gaps in your org’s readiness to...more

A&O Shearman

Chief Information Security Officers and cyber whistleblowing: considerations for PE firms

A&O Shearman on

Managing these risks at a single company should be straightforward.  Executives and CISOs may be personally held accountable for cyber failings, negligence, breaches, and inadequate disclosure around cyber vulnerabilities and...more

A&O Shearman

Chief information Security Officers and cyber whistleblowing: considerations for boards and breach response teams

A&O Shearman on

At this point, it is self-evident that companies are grappling with an ever-evolving (think: tougher) cyber risk terrain. However, two recent cases against companies and their Chief Information Security Officers (CISOs),...more

Constangy, Brooks, Smith & Prophete, LLP

SolarWinds case could establish SEC liability for CISOs

On October 30, 2023, the Securities and Exchange Commission filed a securities fraud claim in federal court in the Southern District of New York against SolarWinds Corporation as well as its Chief Information Security...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2024

Robinson & Cole LLP on

CYBERSECURITY CISOs: New Report Outlines Risks of LLMs - I hang out with a lot of Chief Information Security Officers (CISOs), so this piece is for them. Of course, it will be of interest to all security professionals...more

Jackson Lewis P.C.

Corporate Boards Mulling Effects of SEC Cyber Enforcement and CISO Exposure, and Possibly Hacker Complaints to SEC

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According to a New York Times story this weekend, the Security Exchange Commission’s lawsuit against SolarWinds is driving discussions in boardrooms and corporate security departments of large organizations about the handling...more

Harris Beach Murtha PLLC

New York Wants Comprehensive Cybersecurity Plans for Hospitals by February 2025

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New York Gov Kathy Hochul is touting her proposed statewide cybersecurity regulations for hospitals and health systems as “nation-leading,” and, if approved, those entities will have until February 2025 to comply with the new...more

Dechert LLP

Dechert Cyber Bits - Issue 45

Dechert LLP on

The Biden Administration Issues Executive Order on Artificial Intelligence - On October 30, 2023, President Biden signed an Executive Order on Safe, Secure, and Trustworthy Artificial Intelligence (the “Order”)...more

Woodruff Sawyer

Public Company CISOs Beware: The SEC Is No Longer Playing Nice

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On October 30, the US Securities and Exchange Commission (SEC) announced fraud charges against SolarWinds and its former chief information security officer (CISO), alleging that “SolarWinds’ public statements about its...more

Woodruff Sawyer

CISO Liability in Focus: SEC Enforcement, Insurance, and [Personal] Risk Mitigation

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The Securities and Exchange Commission (SEC) is ratcheting up the pressure on chief information security officers (CISOs)—and it’s entirely deliberate. In this post, I’ll discuss the litigation landscape against SolarWinds,...more

Woodruff Sawyer

Making It Personal: SEC Issues Wells Notices Against SolarWinds’ CFO and CISO

Woodruff Sawyer on

The cyber breach of SolarWinds’ software in 2020 (the “SolarWinds breach” or “cyber breach”) has been described as the “largest and most sophisticated attack the world has ever seen.” As a result of the cyber breach,...more

Guidepost Solutions LLC

The SEC has new Cybersecurity Rules. Are you prepared and ready?

On July 26, 2023, the Securities and Exchange Commission (SEC) implemented new cybersecurity rules to require disclosure of material cybersecurity incidents within four business days, with limited exceptions.  Additionally,...more

Guidepost Solutions LLC

Lines of Authority: The Critical Need for Role Clarity in Information Security Compliance

Clearly defined roles and responsibilities are an essential component of an effective compliance program. Failure to adequately assign responsibility can lead to gaps in compliance coverage and a lack of accountability. ...more

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