What the Duck is Going on With Aflac’s Breach and Disclosures About it?

We’ve reported that insurance giant Aflac filed an SEC 8-K form in June to disclose that a hacker had used “social engineering” to gain “unauthorized access to its network.” Interestingly, at least for cyber insurance nerds such as us, Aflac did not file an “Item 1.05” 8-K for a “material” cyber event, but rather an … Read more

More Confusion on Cybersecurity 8-K Disclosures

We’ve long covered the SEC’s regulation requiring public companies to disclose serious cybersecurity incidents in an 8-K filing. See several updates and the text of the cyber disclosure regulation here. A common theme since the rules were released in 2023 has been confusion about when cybersecurity 8-Ks must be filed. The rules seem straightforward on … Read more

Will Aflac Reveal More Info on its Hack (& Cyber Insurance) August 5th, Following its Cyber Event 8-K Disclosure Last Month?

Insurance giant Aflac will report its Q2 financial results on August 5th. Although its press release is silent on the topic, it seems likely the company cannot duck providing more detail on the cyber event 8-K it filed with the SEC last month disclosing “unauthorized access to its network.” The company has blamed the penetration … Read more

Lee Enterprises Files Cyber Insurance Claim to Cover “Significant Impact” Of Hack

A publisher of newspaper and digital news covering 72 markets in 25 states across the U.S., Lee Enterprises (NASDAQ: LEE) experienced a “cyber security incident” in February that had a “significant impact on our quarterly operating results,” including $2 million in expenses for “restoration costs,” according to a release from the company. The company has … Read more

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