Lessons From the SEC’s First Red Flags Rule Settlement – The Cybersecurity Law Report

October 10, 2018

SEC’s First Red Flags Rule Settlement: Broker-dealer Voya’s $1-million settlement with the SEC for alleged violations of the Safeguards Rule and the Identity Theft Red Flags Rule shows that the SEC is willing to act when it believes firms could have done more to prevent attacks. “The SEC expects companies to not only have in…

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Cybersecurity News Alert – SEC

September 26, 2018

SEC Cybersecurity News Alert: Today, the Securities and Exchange Commission (SEC) announced that a Des Moines-based broker-dealer and investment adviser has agreed to pay $1 million for its failures in cybersecurity policies and procedures surrounding a cyber-breach.

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Cybersecurity Risk Alert – Facebook

September 25, 2018

Facebook Cybersecurity Risk Alert: On Tuesday, September 25th, Facebook discovered a security breach affecting approximately 50 million users. Attackers exploited a vulnerability in the “View As” feature of Facebook, which allows users to view their profile from the perspective of another user. As a result of the exploit, the attackers stole Facebook access tokens, which…

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