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Cybersecurity

Cybersecurity Update: SEC Announces Scrutiny For Investment Companies And Investment Advisers

The Securities and Exchange Commission (SEC) has announced that cybersecurity will be an area of regulatory focus during 2014. The National Exam Program (NEP) run by the SEC’s Office of Compliance Inspections and Examinations (OCIE) has included “information security” as an...

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Consumer Protection

In-App Purchases: When They Are Not Just Child’s Play…

On January 15, 2014, the Federal Trade Commission ("FTC" or "Commission") announced a proposed settlement with technology giant Apple Inc. that will require the company to pay at least $32.5 million in refunds to consumers. The proposed 20-year settlement resolves...

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Cybersecurity

Cybersecurity Update: Are Data Breach Disclosure Requirements On Target?

As discussed in Akin Gump’s annual “Top Ten Topics for Directors in 2014,” cybersecurity and data privacy are indeed among the hottest topics in the boardroom this year due to the dramatic rise in cyber attacks and data breaches. As part of a board’s risk management...

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