JD Supra

Ensure Disclosure Controls and Procedures Address Cybersecurity

On June 15, 2021, the Securities and Exchange Commission (SEC) announced settled charges against real estate settlement services company First American Financial Corporation for disclosure controls ...
JD Supra

Enhancing Disclosure Controls and Procedures Relating to Voluntary Environmental and Social Disclosures

To date, these increased E&S disclosures have been largely voluntary, as companies have responded to requests for this information from investors, interest groups, employees, and other stakeholders.
Accounting Today

The role of disclosure controls in IPO readiness

After a boom-and-bust cycle in the early 2020s, Special Purpose Acquisition Companies are cautiously re-entering the IPO landscape. These blank-check firms, which raise money to acquire private ...
Law

When Security Fails: Increasing Focus at the SEC on Cybersecurity Disclosure and Internal Controls

Virtually all of the world's commercial data and information has become remotely accessible from almost anywhere, creating an explosion of corporate productivity and efficiency, as well as a ...
Law

SEC's Increased and Expanding Focus on Cybersecurity Disclosures

Recent enforcement actions, proposed rule-making and increased staffing reflect the SEC Enforcement Division's expanding focus on cybersecurity incidents and corresponding disclosures. While the ...
Reuters

SEC settles cybersecurity disclosure control violations charges against real estate settlement services company

From Practical Law, a part of Thomson Reuters. 17-Jun-2021 - The Securities and Exchange Commission (SEC) has announced a settlement with First American Financial Corporation relating to inadequate ...
Reuters

SEC’s First American settlement signals new corporate cyber disclosure risk

(Reuters) - A $490,000 settlement, opens new tab this week between the Securities and Exchange Commission and the real estate title insurance company First American didn’t garner big headlines on the ...
The Financial

Activision Blizzard to Pay $35 Million for Failing to Maintain Disclosure Controls

The Securities and Exchange Commission today announced that Activision Blizzard Inc., a video game development and publishing company, agreed to pay $35 million to settle charges that it failed to ...
Inc

Lessons From a $2 Million Ransomware Attack SEC Settlement

The recent $2.1 million settlement between the Securities and Exchange Commission and R.R. Donnelly & Sons Co. over a ransomware attack offers valuable insights for business leaders and security teams ...
Business Wire

Lost Money in Unisys Corporation?

OAKLAND, Calif.--(BUSINESS WIRE)--Shares of Unisys plummeted 49% on Tuesday, November 8, 2022, after the company admitted that it would not be able to file its third quarter 2022 financial results due ...
CNN

Twitter was questioned by SEC over bots, user numbers in June

Among the allegations in the disclosure, which was sent to the SEC and other US regulatory agencies, are claims that Twitter does not have an accurate count of the number of spam and fake bot accounts ...