Company response to major data breach results in first-of-its-kind fine for improper disclosure to investors

In the wake of recent cyberattacks, cities and states are taking a stand.

Lloyds Of London Report Forecasts Multibillion Dollar Losses Due To Cloud Outages.

Among those businesses examined, the report states that smaller, non-Fortune 1000 companies would likely sustain the biggest losses.

On November 20-21, 2017, Tether, the company behind USDT – a digital token backed by fiat currencies like the dollar and euro – disclosed that a hack resulted in the loss of $30.95 million worth of tokens.

The Tether hack illuminates the privacy, reputational, financial and recovery risks associated with issuing, owning and storing digital currencies.

On October 4th, the U.S. House Homeland Security Committee passed a bill proposed by the House of Representatives entitled the Border Security for America Act (the "Act"). The Act lays out a plan to establish a biometric exit data system to collect and verify information on the movement of persons entering U.S. ports while attempting not to disrupt the shipping of cargo.