Archives: Security Breach

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SEC Announces Settlement Order and Publishes Investor Alert

On September 22, 2015, the Securities and Exchange Commission announced a settlement order with an investment adviser for failing to establish cybersecurity policies and procedures, and published an investor alert entitled Identity Theft, Data Breaches, and Your Investment Accounts.… Continue Reading

Neiman Marcus Seeks En Banc Review

On August 3, 2015, Neiman Marcus requested en banc review of the Seventh Circuit’s recent decision in Remijas v. Neiman Marcus Group, LLC. The Seventh Circuit found that members of a putative class alleged sufficient facts to establish standing to sue Neiman Marcus following a 2013 data breach.… Continue Reading

Connecticut Passes New Data Protection Measures into Law

On July 1, 2015, Connecticut's governor signed into law Public Act No. 15-142, An Act Improving Data Security and Agency Effectiveness, that amends and updates the state's data breach notification law and imposes certain data security requirements on health insurers and state contractors.… Continue Reading

Cyber Insurance: Addressing Your Risks and Liabilities

In a webinar hosted by Hunton & Williams LLP and CT, Hunton & Williams partners Lon Berk and Lisa Sotto discuss current cyber threats and educate companies on how to take full advantage of their existing insurance programs and specialized cyber insurance products to effectively and proactively address cyber risks.… Continue Reading

Sotto Speaks Out on Potential for “Armageddon-Type Cyber Event”

On March 2, 2015, HuffPost Live interviewed four cybersecurity experts, including Lisa Sotto of Hunton & Williams LLP, in response to a top financial regulator’s warning of an “Armageddon-type cyber event” that could eventually affect the U.S. economy. This blog entry provides a link to the segment.… Continue Reading

Two Wyoming Bills Amending the State’s Breach Notification Statute Are Headed to the Governor

On February 23, 2015, the Wyoming Senate approved a bill that adds data elements to the definition of "personal identifying information" in the state's data breach notification statute. The Wyoming Senate also agreed with amendments proposed by the Wyoming House of Representatives to another bill that adds content requirements to the notice that breached entities must send affected Wyoming residents. … Continue Reading