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Tag: Data Breach

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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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Subpoena Drama Plays Out Against Cybersecurity Backdrop

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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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Courts, SEC Offer Guidance on Subject of Materiality

The concept of materiality in securities law has always been intentionally vague. Information that some nebulous “reasonable investor” would consider important leaves ample room for interpretation. Nevertheless, as the Securities and Exchan...

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Gensler Previews Expanded Role of SEC in Cybersecurity

Not so long ago, a consumer data breach at a big-box retailer would turn into headline news for days. Hackers are now setting their sights on bigger targets like government networks and oil pipelines, which raises the stakes for national se...

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