• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2018 / March / 06 / SEC Cybersecurity Enforcement at Watershed Moment: How Companies Should Prepare – Big Law Business

SEC Cybersecurity Enforcement at Watershed Moment: How Companies Should Prepare – Big Law Business

By Securities Docket on March 6, 2018, 3:44 pm

Yet, for almost half a decade, the SEC and the Department of Justice did little in the way of scrutinizing companies that were the victims of sophisticated cyberattacks, other than repeatedly announcing that cybersecurity was a priority. That all has changed, as the SEC recently took the unusual step of confirming that it is conducting an investigation of Yahoo! in what is widely considered the largest breach in history, and with other unconfirmed reports of investigations of Equifax and previously of Target. Recent comments from SEC officials seem to suggest that the SEC is pursuing an aggressive theory that requires disclosure-namely to ensure that prior statements, particularly risk factors, are not rendered misleading. And, yet, this is one cybersecurity risk that can be mitigated. After discussing the legal landscape, we suggest how.

via SEC Cybersecurity Enforcement at Watershed Moment: How Companies Should Prepare – Big Law Business.

Posted in SEC, Top | Tagged Cybersecurity

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

Ankura

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events