Saturday, 20 February 2016

Cybersecurity Failures Can Spark Enforcement, SEC Says

Law360, Washington (February 19, 2016, 6:29 PM ET) — A senior Securities and Exchange Commission enforcement official said Friday companies withholding information about data breaches could get hit with civil and criminal enforcement actions from the agency, noting it’s looking to crack down on companies that don’t come forward when they become aware of a breach.

Citing recent court cases against firms and criminal conspiracies, Stephanie Avakian, deputy director for the agency’s enforcement division, said as part of a panel at the Practicing Law Institute’s annual SEC Speaks event that the agency For the full article click here 



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