Securities Exchange Commission (SEC)
Coinbase Says Breach May Cost $400 Million, Issues $20 Million Bounty
The major data breach of cryptocurrency exchange Coinbase could cost the company as much as $400 million, it told the SEC. However, rather than pay the $20 million extortion demand, Coinbase issued ...
SEC Fines Four Tech Firms for Downplaying SolarWinds Impacts
The SEC fined Unisys, Avaya, Check Point, and Mimecast millions of dollars for disclosures in the wake of the high-profile SolarWinds data breach that intentionally mislead investors and downplayed the impact the ...
Biden Will Veto Efforts to Spike SEC Breach Disclosure Rule
President Biden is warning Congressional Republicans that he will veto any attempts to overturn the Securities and Exchange Commission’s (SEC) new requirement for public companies disclosing cybersecurity incidents. In a brief policy ...
23andMe Finally Admits: 6.9 MILLION Users’ PII Breached
Not nice: Hacker claimed 20 million, 23andMe said it was only 14,000—but now admits to 6.9 million ...
SEC, FTC Issue Warning on Log4j Vulnerabilities
The U.S. Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC) are sending warnings to companies that don’t address the risk from the Log4j vulnerabilities. The FTC in particular has ...
SEC Releases InfoSec “Roadmap” for GLBA Entities
The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) has released a new report, entitled Cybersecurity and Resiliency Observations, which stands as their most detailed and comprehensive information security ...
Is Your Token a Security? The SEC Wants to Help You Figure That Out.
The SEC has issued a “Framework for ‘Investment Contract’ Analysis of Digital Assets” (the ‘Framework’) that provides the Division of Corporation Finance’s guidance on how to evaluate whether digital assets are “investment ...
