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Securities Law Commons

Open Access. Powered by Scholars. Published by Universities.®

2016

Brooklyn Journal of Corporate, Financial & Commercial Law

Computer Law

Cybersecurity; Whistleblowers; Internal reporting; Whistleblower protections; Cybersecurity disclosure regulations; Compliance systems; Securities Regulation; Corporate Governance; Retaliation; Dodd-Frank; Corporate compliance culture; Securities and Exchange Commission (SEC) guidelines; White hat hackers/Ethical hackers; Non-binding regulation; Fraud categories; Egan v. TradingScreen

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Full-Text Articles in Securities Law

The Cybersecurity Threat: Compliance And The Role Of Whistleblowers, Jennifer M. Pacella Dec 2016

The Cybersecurity Threat: Compliance And The Role Of Whistleblowers, Jennifer M. Pacella

Brooklyn Journal of Corporate, Financial & Commercial Law

In today’s technologically dependent world, concerns about cybersecurity, data breaches, and compromised personal information infiltrate the news almost daily. The Securities and Exchange Commission (SEC) has recently emerged as a regulator that is keenly focused on cybersecurity, specifically with respect to encouraging disclosures in this arena by regulated entities. Although the SEC has issued non-binding “guidance” to help companies navigate their reporting obligations in this sector, the agency lacks binding cybersecurity disclosure regulations as they pertain generally to public companies. Given that the SEC has already relied on such guidance in threatening enforcement actions, reporting companies are increasingly pressured for …