“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?
The once prestigious 40-year law firm Mossack Fonseca, infamously known for its data breach that revealed the Panama Papers, is closing at the end of the month. The reason, in its words: “The reputational deterioration, the media campaign, the financial siege and the irregular actions of some Panamanian authorities have caused irreparable damage, whose obligatory … Continue reading Do data breaches have consequences? Law firm closes due to irreparable damages to its reputation
The push for a single uniform national data breach notification law gained strength in the wake of the Equifax breach. Now proposed legislation in North Carolina would amend its law in a way that would add momentum to this push. And, now South Dakota is tired of being one of only two states without a … Continue reading State data breach notification law mishmash would get worse with proposed NC and SD legislation — is instant notification by clairvoyant next?
See recommendations below On January 19, 2018, cybercriminals were successful in a ransomware attack on Allscripts, an electronic healthcare record (EHR) provider for healthcare providers across the United States. The attack encrypted some of Allscripts systems and prevented those healthcare providers who use those systems for their EHRs from being able to access their patient records. Not … Continue reading Allscripts EHR Ransomware Attack is Huge–How Will it Impact Healthcare Practices?
This is intended to be an old-fashioned "blog" about thoughts on the Equifax data breach. It will be ongoing so please check back regularly. Topics Media interviews and commentary We are seeing shame hacking taken to a new level Will I lead a consumer class action lawsuit against Equifax? Lawsuits and investigations against Equifax What … Continue reading Musings about the Equifax Data Breach