Cybersecurity
This case may signal a potential new area of liability exposure for directors and officers, but the opinion is also a reminder of just how difficult it is for plaintiffs to survive the initial pleading hurdles…
A recently released whitepaper from Avansic covers the basics about encryption: what it is, how it works, the regulations that […]
Cyber insurance has been available for years – AIG has offered it since 1999 – but it’s clearly a product […]
Companies need to be able to make the case that they have implemented “reasonable security” in the face of cyber threats, even though it’s not clear exactly what reasonable security is.
A Cybersecurity and Critical Infrastructure Working Group formed by the Federal Financial Institutions Examination Council will soon release a report assessing the banking sector’s overall readiness to address a significant cyberthreat, FDIC Chairman Martin Gruenberg told attendees of the American Banker Regulatory Symposium.
After hackers managed to route $3.5 million from a customer’s Philadelphia bank account to recipients in Russia and Belarus, the […]
The key areas where disclosure may be required: risk factors, management discussion and analysis, description of business, legal proceedings and financial statement disclosure.
Former homeland security chief Tom Ridge is getting into cyber insurance, he announced this week. In light of massive breaches […]
Renowned Hollywood lawyer Marty Singer threatened Google with legal action if the tech firm didn’t erase nude photographs of celebrities […]
Respond quickly, contact authorities – including an Internet crime specialty organization – and other tips for corporate lawyers to follow when facing cybercrime.
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