SEC Proposes Additional Cybersecurity Disclosure Rule
On March 9, 2022, the Securities and Exchange Commission (SEC) issued a proposed rule on cybersecurity risk management, strategy, governance, ..
Why Developing Cyber Resilience Requires Emotional Intelligence
Liability cases are rising as the top leaders of corporations are being held personally accountable for data breaches. The Bank ..
Shareholders Seek to Hold Current and Former SolarWinds Officials Liable for Massive 2020 Security Breach
Investors filed a derivative suit claiming that the company knew about, and failed to mitigate known, existing cybersecurity risks and ..
Lloyd v Google: A Sigh of Relief for Data Controllers
In unanimously refusing to allow a representative action to proceed, the UK Supreme Court may have sounded the death knell
Courts Rule on When a Data Breach of PII is Actionable
The Second Circuit recently joined a growing number of federal courts to decide when a data breach of personally identifiable ..
DOJ Will Use False Claims Act to Target Cybersecurity Fraud
On October 6, Deputy Attorney General Lisa Monaco announced the launch of the US Department of Justice’s (DOJ) Civil Cyber-Fraud ..
Senate Introduces Ransomware Notification Mandate
The US Senate has introduced a bill that would require businesses with more than 50 employees to report ransomware payments ..
Attorney-Client Privilege in the Age of Cyber Breaches
Investigations and forensic reports relating to a cybersecurity breach may not always be protected by the attorney-client privilege or work ..
New Ransomware Guidance Issued
On September 21, 2021, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued new ransomware guidance, …
The Impact of Data Security Incident Trends on Commercial Transactions
The 2021 edition of BakerHostetler’s annual Data Security Incident Response Report – a report based on the firm’s experience with
How Cybersecurity Frameworks Can Protect Your Organization (Even in the Event of a Breach)
It’s certainly no secret how damaging data breaches can be for organizations today. And if lost revenue and a tarnished ..
SEC Doubles Down on Safeguards Rule Enforcement
The Securities and Exchange Commission issued sanctions against three financial services companies last week. The sanctions came in response to ..