SEC – Debevoise Data Blog

Artificial Intelligence

Top 10 SEC Cyber/AI Blog Posts for 2024

By: Andrew J. Ceresney, Charu A. Chandrasekhar, Luke Dembosky, Avi Gesser, Eric T. Juergens, Arian June, Robert B. Kaplan, Erez Liebermann, Sheena Paul, Benjamin R. Pedersen, Marc Ponchione, Jeff Robins, Paul Rodel, Julie M. Riewe, Kristin Snyder, Jonathan R. Tuttle, Phil Fortino, Matt Kelly, Anna Moody, Stephan J. Schlegelmilch, Johanna Skrzypczyk, Suchita Mandavilli Brundage, Kelly Donoghue, Andreas A. Glimenakis, Alice Gu, John Jacob, Gabriel Kohan, Talia Lorch, Ciera Mandelsberg, Noah L. Schwartz, Ned Terrace and Mengyi Xu December 12, 2024

As we approach the end of the year, here are the Top 10 SEC Cyber/AI posts on the Debevoise Data Blog in 2024 by page views. If you are not…

Artificial Intelligence

Top 10 (Well, 11) Cybersecurity Blog Posts for 2024

By: Charu A. Chandrasekhar, Luke Dembosky, Avi Gesser, Gareth Hughes, Erez Liebermann, Jim Pastore, Caroline Novogrod Swett, Marshal Bozzo, Matt Kelly, Robert Maddox, Johanna Skrzypczyk, HJ Brehmer, Stephanie Cipolla, Jackie Dorward, Melyssa Eigen, Joshua A. Goland, Martha Hirst, Karen Joo, Gabriel Kohan, Jarrett Lewis, Noah L. Schwartz, Ned Terrace, Stephanie Thomas, Annabella M. Waszkiewicz, Michiko Wongso and Mengyi Xu December 10, 2024

As we approach the end of the year, here are the Top 10 Cybersecurity posts on the Debevoise Data Blog in 2024 by page views. If you are not already…

Artificial Intelligence

SEC Charges Four Companies for Misleading Cyber Disclosures

By: Andrew J. Ceresney, Charu A. Chandrasekhar, Luke Dembosky, Erez Liebermann, Benjamin R. Pedersen, Julie M. Riewe, Matt Kelly, Anna Moody, Kelly Donoghue, Ciera Mandelsberg and Noah L. Schwartz October 28, 2024

On October 22, 2024, the U.S. Securities and Exchange Commission (the “SEC”) announced settled charges in separate actions against four technology companies—Avaya Holdings Corp. (“Avaya”), Check Point Software Technologies Ltd.…

Cybersecurity

Internal Accounting Controls Claim Rejected in SolarWinds Case

By: Andrew J. Ceresney, Charu A. Chandrasekhar, Luke Dembosky, Erez Liebermann, Benjamin R. Pedersen, Julie M. Riewe, Paul Rodel, Matt Kelly, Anna Moody, Alice Gu and Talia Lorch July 23, 2024

On July 18, 2024, in the landmark SEC v. SolarWinds Corp. case, U.S. District Judge Paul Engelmayer dismissed the majority of the claims brought by the U.S. Securities and Exchange Commission (the…

Business

SEC Releases New Guidance on Material Cybersecurity Incident Disclosure

By: Paul Rodel, Benjamin R. Pedersen, Erez Liebermann, Eric T. Juergens, Anna Moody, John Jacob and Kelly Donoghue June 27, 2024

June 27, 2024 On June 24, 2024, the staff of the Division of Corporation Finance of the Securities and Exchange Commission (the “SEC”) released five new Compliance & Disclosure Interpretations…

Cybersecurity

Incident Response Plans Are Now Accounting Controls? SEC Brings First-Ever Settled Cybersecurity Internal Controls Charges

By: Andrew J. Ceresney, Charu A. Chandrasekhar, Luke Dembosky, Avi Gesser, Erez Liebermann, Benjamin R. Pedersen, Julie M. Riewe, Matt Kelly, Anna Moody and Andreas A. Glimenakis June 20, 2024

In an unprecedented settlement, on June 18, 2024, the U.S. Securities & Exchange Commission (the “SEC”) announced that communications and marketing provider R.R. Donnelley & Sons Co. (“RRD”) agreed to…

Artificial Intelligence

SEC Targets AI Washing in Private Capital Markets: “Old School Fraud Using New School Buzzwords”

By: Andrew J. Ceresney, Charu A. Chandrasekhar, Avi Gesser, Julie M. Riewe, Kristin Snyder, Matt Kelly and Suchita Mandavilli Brundage June 14, 2024

On June 11, 2024, the U.S. Securities and Exchange Commission (“SEC”) filed its third matter this year involving “AI washing”—namely, alleged misstatements or omissions by securities market participants about the…

Cybersecurity

The SEC Adopts Significant Cybersecurity Amendments to Reg S-P

By: Charu A. Chandrasekhar, Luke Dembosky, Avi Gesser, Erez Liebermann, Sheena Paul, Marc Ponchione, Julie M. Riewe, Jeff Robins, Kristin Snyder, Anna Moody, Johanna Skrzypczyk, Suchita Mandavilli Brundage and Ned Terrace May 17, 2024

On May 16, 2024, the SEC adopted amendments to Regulation S-P (“Reg S-P”) one year after its proposed amendments (the “Proposed Amendments”). The finalized amendments (“Amended Reg S-P”) largely track…

Artificial Intelligence

Top 10 Cybersecurity Measures for Deploying AI Systems from the NSA, FBI and CISA

By: Charu A. Chandrasekhar, Avi Gesser, Erez Liebermann, Stephanie Cipolla and Noah L. Schwartz May 2, 2024

The integration of artificial intelligence into companies’ business practices poses increased cybersecurity risks, which we have previously written about here. As AI systems become ubiquitous, they also become targets for…