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Four companies have settled charges by the Securities and Exchange Commission (SEC) that they made “materially misleading disclosures” after being breached in 2020 by the SolarWinds’ Orion software hack (US…
Progress Software Corporation (PRGS) is the provider of MOVEit Transfer software, a program responsible for what is widely considered the largest hack so far in 2023, impacting at least 2,000…
Here are some of the new reports from law firms about the SEC Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure rules (see a useful observation from Woodruff Sawyer after…
The U.S. Securities and Exchange Commission (SEC) has issued its new cybersecurity rule, which aims to enhance transparency and accountability in managing cyber risks. The rule requires businesses to promptly…
Read More “SEC Reveals Its Cyber Reporting Rule, Scrambling and Confusion Sure to Follow ” »
The answer in most cases appears to be “no.” “A cyber liability policy could respond to an SEC investigation, depending on the policy’s wording, ‘but there’s a big caveat to…
Read More “SEC Cracks Down on Cyber Disclosures: Does Cyber Insurance Cover Costs & Fines? ” »