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Also: Ransomware Threats in Healthcare; the Growth of MimecastIn the latest weekly update, ISMG editors discussed the evolving disclosure responsibilities of CISOs, yet another ransomware attack targeting the healthcare sector, and Mimecast's latest strategic acquisition as part of its broader expansion efforts.
Lee of Jenner & Block on How SolarWinds Case Ushered in New Era of Risk ManagementThe SolarWinds case has redefined cybersecurity disclosure obligations, especially for chief information security officers. The SEC's novel theories in this case have set a precedent for how organizations must present their cybersecurity practices, said Jennifer Lee, partner at Jenner & Block.
Calls Securities and Exchange Commission's Cybersecurity Allegations 'Unfounded'Network monitoring software vendor SolarWinds moved to dismiss a federal lawsuit accusing the company and its CISO of securities fraud after they allegedly misstated the efficacy of its cybersecurity controls. Russian intelligence hacked the company in an incident disclosed in 2020.