On Oct. 22, 2024, the Securities and Exchange Commission (SEC) announced settled charges against four current and former public companies, Unisys, Avaya Holdings, Check Point Software Technologies and Mimecast, for allegedly making materially misleading statements in their public disclosures regarding cybersecurity intrusions and risks following the SolarWinds Corporation software hack. This wave of enforcement actions

Andrew Konia
Andrew’s practice is singularly focused on protecting clients’ businesses and data, anticipating disputes, and strengthening their competitive position in the marketplace.
DoD Issues Final CMMC Framework for Defense Contractors
After a nearly five-year rulemaking process, the U.S. Department of Defense (DoD) published the Final Cybersecurity Maturity Model Certification 2.0 (CMMC) program rule in the Federal Register on Oct. 15, 2024, codified at 32 CFR Part 170. Contract clauses implementing the CMMC program rule will be issued as part of the Defense Federal Acquisition Supplement…
SEC Adopts Cybersecurity Risk Management, Strategy, Governance and Incident Disclosure Rules
On July 26, the U.S. Securities and Exchange Commission adopted new rules regarding public companies’ reporting of (i) cybersecurity incidents, (ii) policies and procedures for identifying and managing cybersecurity risks and (iii) management and board roles in implementing cybersecurity policies and procedures. Read on for details about the new rules and recommended next steps for…
DHS Issues Final Rule Regulating Federal Contractors’ Handling of Controlled Unclassified Information
On June 21, the U.S. Department of Homeland Security issued a long-anticipated cybersecurity final rule that revises an existing clause and adds two new clauses to the Homeland Security Acquisition Regulation related to contractors’ handling of controlled unclassified information.
Read on for highlights from this rule, which goes into effect July 21 and is likely…
New Year Brings New State-Level Data Privacy Protections
As 2022 draws to a close, it is important to keep in mind that key state-level regulations on consumer and employee data privacy will become effective as soon as 2023 begins. Data security measures, personal data processing activities and privacy policies of businesses covered by the regulations are now proscribed specific standards and requirements in…
FinCEN Leader’s Remarks Focus on Securing Digital Identity
During the 2022 Federal Identity Forum & Exposition on Sept. 7, FinCEN acting Deputing Director Jimmy Kirby emphasized the importance of securing digital identity as “fundamental to the effectiveness” of every financial institution’s anti-money laundering/countering the financing of terrorism (AML/CFT) program.
Read on for details and analysis of his remarks and proactive steps financial institutions…
DOJ and Aerojet Settle for $9 Million in Qui Tam Cybersecurity False Claims Act Case
On July 8, 2022, the U.S. Department of Justice announced a $9 million
settlement with federal government contractor Aerojet Rocketdyne, Inc. for
alleged violations of the False Claims Act in a case pending in the Eastern
District of California. The settlement results from alleged false
statements by Aerojet related to compliance with Department of Defense…
SEC Proposes New, Formal Cybersecurity Disclosure Rules
On March 9, the U.S. Securities and Exchange Commission proposed new rules that would fundamentally change how public companies treat the reporting and management of cybersecurity incidents and risk.
Read on for details about these proposed rules, which build significantly upon prior guidance by creating express, mandatory disclosure obligations.
DOJ Announces First False Claims Settlement Since Launch of Civil Cyber-Fraud Initiative
On March 8, the U.S. Department of Justice announced a $930,000 settlement with Comprehensive Health Services, LLC for alleged violations of the False Claims Act. As DOJ’s first resolution of a False Claims Act enforcement action involving cyber fraud since launching its Civil Cyber-Fraud Initiative in October 2021, this settlement signals the DOJ’s eagerness to…
Department of Justice Announces Increased FCA Enforcement Through New Civil Cyber-Fraud Initiative
On Oct. 6, the Department of Justice announced a new Civil Fraud Cyber Initiative to “combine the department’s expertise in civil fraud enforcement, government procurement and cybersecurity to combat new and emerging cyber threats to the security of sensitive information and critical systems.”
Read on for details and analysis of this new enforcement initiative and…