Tag Archives: SEC

New SEC Cybersecurity Guidance Highlights Disclosure Controls

On February 21, 2018, the U.S. Securities and Exchange Commission (SEC) released its latest Interpretive Guidance on Public Company Cybersecurity Disclosures. Although cybersecurity has been a focus of the SEC for many years, the release is the first formal guidance issued by the agency. Previously, the SEC’s Division of Corporation Finance issued informal staff guidance … Continue Reading

SEC Increases Focus on Cybersecurity–A Look at Recent Data Security Guidance and Enforcement

In the wake of numerous cyberattacks aimed at companies spanning various industries, it is no surprise that yet another federal agency—this time the SEC—is stressing the importance of proper cybersecurity protocols for the entities it regulates. Broker-dealers, investment advisors, and others in the securities industry often have access to some of the most sensitive client … Continue Reading

Navigating Public Company Cybersecurity Obligations: Advising Boards and Disclosing to Investors

This article is the second in a series of articles that discuss the importance of privacy and data security considerations in the transactional context. In light of numerous costly security breaches affecting disparate sectors of the American economy, public companies—ranging from merchants like Target Corporation and The Home Depot to technology firms like Adobe Systems, … Continue Reading