Photo: Diego M. Radzinschi/ALM SEC Fines Parent of NYSE $10M, Says It Failed to Immediately Disclose Cyber Incident
The two Republicans on the five-member commission blasted the enforcement action as an overreaction, likening it to a "regulatory foot fault."
May 22, 2024 at 02:50 PM
3 minute read
Cybersecurity
The original version of this story was published on Corporate Counsel
The U.S. Securities and Exchange Commission slapped the parent company of the New York Stock Exchange with a $10 million penalty Wednesday, saying it failed to comply with a rule requiring securities exchanges to immediately notify the agency of cyber intrusions.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Orrick Secures Summary Judgment for RingCentral in Privacy Class Action
Data Mining Company Actfore Spins Off From Discovery, Info Gov Provider ActiveNav
When Law Firms Get Hacked, Are Their Corporate Clients on the Hook?
Marriott to Pay $52M, Upgrade Cybersecurity to Settle Probes Into 3 Big Breaches
Trending Stories
- 1The Law Firm Disrupted: Playing the Talent Game to Win
- 2A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership
- 3Preparing Your Law Firm for 2025: Smart Ways to Embrace AI & Other Technologies
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5A RICO Surge Is Underway: Here's How the Allstate Push Might Play Out
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
