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SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. 14, 2011). 14, 2011). 14, 2011). 20, 2017). 27, 2020). 15, 2020).

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Board-management discussions about cyber risk should include identification of which risks to avoid, which to accept, and which to mitigate or transfer through insurance, as well as specific plans associated with each approach. The 2018 guidance supplements the SEC’s October 13, 2011, CF Disclosure Guidance: Topic No.