On Wednesday, April 29, 2015, the Department of Justice Computer Crime and Intellectual Property Section (CCIPS) Cybersecurity Unit issued new, detailed guidance on data breach incident response best practices. The document was announced at an invitation-only round table hosted by DOJ and provides guidance on what DOJ regards as “best practices for victims and potential […]
Board Governance & Cyber Risk Management
Kim Peretti Quoted by CIO on Talking To Boards About Cybersecurity Risks
Kim Peretti, co-chair of the firm’s Security Incident Management & Response Team, was quoted in a CIO article on April 27 titled, “Boards are on high alert over security threats.” The risk of a cyberattack is a concern that is fast becoming omnipresent for corporate directors across industries. “It’s not just financial services firms or […]
NAIC Publishes Principles for Effective Cybersecurity
The National Association of Insurance Commissioners (NAIC) Cybersecurity Task Force adopted Principles for Effective Cybersecurity Insurance Regulatory Guidance on April 16, 2015. The document identifies types of safeguards regulators expect insurers to have in place to protect consumers from cybersecurity breaches. The guiding principles are intended to establish insurance regulatory guidance that promotes coordination and […]
DOJ to Host Cybersecurity Roundtable on Data Breaches
On April 29, 2015, the Department of Justice’s Criminal Division will host a cybersecurity industry roundtable on data breaches. The event, which will include audience question and answer sessions, will focus on a range of recent industry developments. The event will feature a discussion of cybersecurity from the national security perspective by John P. Carlin, […]
SEC Confirms Plans To Issue New Cybersecurity Disclosure Rules
According to Smeeta Ramarathnam, Chief of Staff to SEC Commissioner Luis Aguilar, the SEC is currently engaging in a comprehensive re-work of its investor disclosure rules, including with respect to rules bearing on cybersecurity incident disclosure. The SEC, which is formally tasked with overseeing issues that concern market integrity and disclosure of material information, revealed […]