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

Data Matters

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

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List of Data Breaches and Cyber Attacks in 2023

IT Governance

On this page, you will find all our usual information breaking down the month’s security incidents. Meanwhile, you can subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. However, we’ve decided to consolidate our records onto a single page.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors. Designing an Enterprise-Level Approach.

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Recent Developments Concerning Cybersecurity Disclosure for Public Companies

Hunton Privacy

Like other federal agencies, the Securities and Exchange Commission (“Commission”) has recently been analyzing the applicability of its existing regulations relating to cybersecurity risks. In a speech on June 10, 2014, Commissioner Luis Aguilar made remarks on cybersecurity issues during a conference hosted by the New York Stock Exchange.