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Canada: Cybersecurity Disclosure: SEC Publishes Guidance For Public Companies

The Securities and Exchange Commission’s Chair Jay Clayton issued a statement on February 21 about public companies’ cybersecurity disclosures:   “In today’s environment, cybersecurity is critical to the operations of companies and our markets…I urge public companies to examine their controls and procedures, with not only their securities law disclosure obligations in mind, but also reputational considerations around sales of securities by executives…”   More Details: http://www.mondaq.com/canada/x/677494/Security/Cybersecurity+Disclosure+SEC+Publishes+Guidance+for+Public+Companies

February 28, 2018 No Comments vanheldenagencies Uncategorized

Management liability risks grow

Sexual harassment claims are going to remain an issue, while claims against the pharmaceutical industry stemming from the opioid crisis may emerge as an issue as well, said speakers at the Professional Liability Underwriting Society’s 2018 Directors & Officers Symposium. Read full article

February 6, 2018 No Comments vanheldenagencies Business Insurance

Officers & directors should manage cyber crises with resilience, says former DOJ official

Nobody blames a company for being hit by a hurricane, said John P. Carlin, a partner with Morrison & Foerster L.L.P. in Washington, D.C., who was formerly assistant attorney general for the U.S. Department of Justice’s national security division, in making an analogy between a cyber attack and a hurricane. He spoke at the Professional Liability Underwriting Society’s 2018 directors & officers symposium in New York on Thursday. The test should be on a firm’s ability “to get back into business after the hurricane,” he said during a one-on-one interview with Jack Flug, New York-based managing director within Marsh L.L.C.’s

February 5, 2018 No Comments vanheldenagencies Business Insurance, Cyber Insurance
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