SEC Brings Charges for Cybersecurity Disclosure Failures
By EsqSocial Corporation 22/06/21
On June 14, 2021, the U.S. Securities and Exchange Commission (SEC or Commission) settled charges against an issuer for disclosure controls and procedures violations relating to a cybersecurity vulnerability that exposed sensitive customer information. The charges, stemming from a violation of Rule 13a-15(a) of the Securities Exchange Act of 1934, resulted in a $487,616 penalty for the issuer....
By: BakerHostetler