Editor’s Note: The NYU School of Law Program on Corporate Compliance and Enforcement (PCCE) is following the New York State Department of Financial Services’ (NYDFS) recently announced amendments to its Part 500 Cybersecurity Regulations. In this post, cybersecurity experts offer their insight on the final amendments and the potential implications they have for corporate cybersecurity programs.
Tag Archives: Kathleen McGee
Biden Administration Aims to Shift Liability for Cyberattacks to Software Developers
by Kathleen McGee, Ken Fishkin, and Mikayla Berliner
In response to major cyber-related attacks caused by software security flaws, such as the SolarWinds breach, the Biden administration is gearing up to crack down on software providers that distribute products with security flaws that make customers vulnerable to cyberattacks.
White Collar Defense Attorneys React to DOJ and SEC Enforcement Actions for Misuse of 10b5-1 Plans
Editor’s Note: Recently, both the DOJ and the SEC brought, for the first time ever, criminal and civil insider trading charges against a corporate executive for his alleged fraudulent misuse of a 10b5-1 trading plan, which typically allows corporate insiders to pre-schedule sales of company shares to avoid accusations of insider trading. In this post, several former federal prosecutors and white collar defense attorneys provide their reactions to this case and its implications for future insider trading cases.