“Corporate insiders who learn inside information, including information about material cyber intrusions, cannot betray shareholders for their own financial benefit.” Richard R. Best, SEC - Atlanta Division For years many in the cybersecurity/data breach space have been saying that somebody is going to have to go to jail before corporate decision-makers begin to take cybersecurity … Continue reading Do data breaches have consequences? Will Equifax CIO serve jail time for insider trading?
In the last quarter of 2017, I have observed a cybersecurity trend that has given me more hope than any that I have seen previously. Let me explain. As an attorney, I have been practicing what can generally be described as cyber law or cybersecurity law since 1999, which means that my practice has evolved a lot … Continue reading The Most Positive Cybersecurity Trend I Have Seen in Nearly 20 Years!
Countdown to GDPR Compliance is a complimentary webinar that I will be moderating on Thursday, December 7, 2017, at 12:00 PM Central. This is the second webinar in a three-part series sponsored by Mackrell International and will focus on Compliance for Non-EU Companies. You don't want to miss it! Moderator: Shawn Tuma Presenter: Marta Stephanian, … Continue reading Complimentary Webinar: Countdown to #GDPR – Compliance for Non-EU Companies
The FTC and Uber have settled the enforcement action the FTC brought against the company. This action stems from Uber's data breach of more than 100,000 individuals' PII despite its promises that their data was "securely stored within our databases." The FTC found this promise was misleading when compared with the actions the company was … Continue reading Uber’s Settlement With FTC Emphasizes Companies’ Need for Cyber Risk Management Programs
Does the board of directors' duty of oversight over their companies' cybersecurity require the individual directors to become experts on cybersecurity? That is a fair question and one that I've seen many people have difficulty understanding. The answer is "no," as explained by Michael Santarcangelo (@catalyst) in his CSO article Why the board needs security leaders … Continue reading Does Board Oversight of Cybersecurity Mean Directors Must Become Cybersecurity Experts?