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David Brown

SEC Settlement Suggests the Agency’s Attempt to Regulate Cybersecurity Controls

July 2, 2024 By Cara Peterman, Kim Peretti, David Brown, Sierra Shear and Madeleine Juszynski Davidson

On June 18, 2024, the SEC announced a $2.125 million settlement with R.R. Donnelley & Sons Co. (“RRD”) related to the company’s 2021 ransomware attack (the “Incident”). The settlement, and the SEC’s accompanying cease-and-desist order (the “Order”), portend the agency’s continued and increasing oversight over registrants’ cybersecurity policies and practices. Background RRD is a global […]

Filed Under: Advisories, Cybersecurity, Cybersecurity Audit, Enforcement, SEC Tagged With: Cybersecurity, Regulatory Enforcement

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