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Showing 23 posts by Amanda J. Dernovshek.

SEC-Regulated Companies Should Address Cybersecurity to Avoid Enforcement Risks

If 2018 was any indication, cybersecurity compliance should be high on the list of SEC-regulated companies’ priorities in 2019. Take, for example, the SEC’s 2018 enforcement action against Voya Financial Advisor, Inc. (“Voya”) for violation of the Red Flags Rule, which resulted in a $1 million settlement. Read More ›

Categories: Compliance, Cybersecurity

Are Boards of Directors Responsible for Cybersecurity?

Whose responsibility within a company is cybersecurity? Should key decisions fall to IT, or should higher management be involved more heavily in day-to-day cybersecurity risk management? Given the large fines and compliance obligations facing companies today, it’s probably obvious to most that data privacy and security is not just a technology issue. Read More ›

Categories: Cybersecurity, Digital Assets

Ohio Enacts Unique Safe Harbor to Reduce Data Breach Litigation Risks

On November 2, 2018, Ohio became the most recent state to update its data breach laws by enacting the Ohio Data Protection Act. Read More ›

Categories: Cybersecurity, Digital Assets