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Tag: cybersecurity

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Cybersecurity Disclosure Rule Poses “Material” Challenge

Juliet balcony in Verona, Italy

To hear Shakespeare tell it, labels are irrelevant. “A rose by any other name would smell as sweet,” Juliet tells Romeo, assuring him that she loves him despite his family name. This may not come as a surprise, but the SEC does not adopt th...

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Companies Grapple with Appropriate Disclosures for Cybersecurity

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You could make a strong case for the SolarWinds hack of 2020 as the most significant cybersecurity event in history to date. Russian hackers launched a massive online attack through the software company’s information technology platform to...

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Butterfly chrysalis emerging like Cybersecurity rules

Are the SEC’s New Cybersecurity Rules Coming Too Late?

Butterfly chrysalis emerging like Cybersecurity rules

The phrase “fighting the last war” often comes to mind when discussing the federal government’s rulemaking process. It’s a familiar cycle: Something emerges as a problem that catches companies unprepared, and regulators begin the iterative...

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Subpoena Drama Plays Out Against Cybersecurity Backdrop

Toy pig with wings, wearing a feather boa and a crown, sits on the edge of a table

Lawyers agreeing on something doesn’t have the same ring to it as hell freezing over or pigs flying, but it happens just about as often. Covington & Burling LLP’s recent fight against the Securities and Exchange Commission represents on...

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SEC Gears Up for New Cybersecurity Regulations

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Earlier this month, we touched on the highlights of the latest SEC regulatory agenda. SEC Chair Gary Gensler touted the document as a reflection of the agency’s drive to “modernize… in light of ever-changing technologies and business models...

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