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Partners Peter Chan and Valerie Mirko join Brian Hengesbaugh to discuss the SEC and cybersecurity, leveraging their own experiences with the agency to give an overview of the past, present and future. Listen to learn about: The evolution of the SEC’s focus on cybersecurity, particularly with regard to financial institutionsAn insider’s take on what may trigger SEC investigationWhat’s in store with the Biden administration and how companies should prepare https://open.spotify.com/episode/5Z4nHbjxtrntljyEBMRRqF?si=J3ucfdTRQF6lArxRf540FA Related Resources: SEC Announces 2021…

Adding to an emerging trend of federal cases addressing privilege in the context of forensic reports, the DC District Court ruled last month that forensic reports created in response to a cybersecurity incident were not subject to attorney-client privilege nor attorney work product protection because the reports were created in the ordinary course of business. This decision has significant implications for organizations preparing to respond to cybersecurity incidents and continues a pattern of increased scrutiny…

Brian Hengesbaugh and Partner Paul Glass dissect the recent guidance issued by the ICO in response to the SoldWinds cyber attack. Listen to hear: an overview of what the guidance sayswhy the ICO decided to release guidance in regards to this incidenthow companies should best approach the 72-hour notification rule https://open.spotify.com/episode/5ufO2qYMt4rPOQiVOKHo4n?si=ZMqpxKVpRvKsT8G7jo6o-A

The ICO has issued a statement confirming that organisations should immediately check to see whether they are potentially a victim of the cyber-attack carried out through the SolarWinds Orion IT management platform (see ICO statement). Initial technical research indicates that while the majority of potentially compromised users of Orion are based in the United States of America, there are significant numbers of users in the United Kingdom and EU. The versions of the software that…

Disruptive cyber-attacks aimed at supply chains are on the rise, as the recent SolarWinds security breach has so prominently brought to light. While your immediate IT infrastructure may not have been directly impacted by that breach, now may be a good time to check-in with you key service providers. If they host or in any way process digital assets on your behalf, there is reason for concern in light of the devastating SolarWinds security breach.…

Brian Hengesbaugh is joined by Jessica Nall, partner in Baker McKenzie’s San Francisco/Palo Alto office. Jessica and Brian discuss the series of cybersecurity incidents former giant Yahoo experienced in 2013 and 2014, and Jessica’s lessons learned as a lead attorney representing individuals in those cases in the following government investigations in 2016. Listen in to hear: What went wrong in the case, and why those failures remain relevant todayHow companies can avoid becoming a target…

The UK data protection regulator, the Information Commissioner’s office, has issued three significant monetary penalties over recent months focusing on cyber security issues. The most recent enforcement was a monetary penalty of £1.25 million on Ticketmaster in connection with an incident which occurred during February 2018 and June 2018 (although the enforcement only relates to the period after 25 May 2018 when the GDPR came into force). In the ICO’s view there was a failure…

The UK data protection regulator, the Information Commissioner’s Office, has issued a monetary penalty to £20m on British Airways in connection with a cyber-attack which took place in 2018. In the ICO’s view there was a failure to process personal data in a manner that ensured appropriate security, as required under Articles 5(1)(f) and Articles 32 of the GDPR. The incident commenced with a “supply chain attack” where BA’s network was accessed by an attacker…

On January 7, 2020, the U.S. Securities and Exchange Commission’s (SEC) Office of Compliance Inspections and Examinations (OCIE) announced its 2020 Examination Priorities that included cybersecurity practices. Soon after the publication of the OCIE Examination Priorities, on January 27, 2020, OCIE followed-up with a report entitled Cybersecurity and Resiliency Observations These two OCIE releases, along with prior SEC alerts and actions, provide strong indications that the SEC, in 2020, will be ramping up its focus…

As part of the Cyberspace Administration of China (CAC)’s recent push to accelerate formulation of the implementation rules of the China Cybersecurity Law (CSL), it published the draft Measures for Security Assessment of Export of Personal Information (for public consultations) on 13 June 2019 (“Draft Security Assessment Measures”). As the CAC appears to propose adopting two separate sets of rules and requirements on the security assessment of outbound provision of personal information and important data,…