Sentences with phrase «in breach of securities»

The regulator wants to obtain detailed information about the structure of ICO sales and pre-sales to make sure that they are not in breach of the securities laws and comply with the rules applicable to public offerings.
«It should also be noted that investors may also have civil remedies against persons or companies that fail to comply with securities laws, including a right to withdraw from the transaction and / or damages for losses on the grounds that such transactions were conducted in breach of securities laws.»

Not exact matches

In February, Germany said it was investigating a security breach of its defense and interior ministries» private servers.
Filed in a Los Angeles federal court, the suit states that «Uber failed to implement and maintain reasonable security procedures and practices appropriate to the nature and scope of the information compromised in the data breach,» according to Bloomberg.
Only a quarter of rank - and - file employees who took part in the survey said they'd done the same, leading Stroz Friedberg to conclude that executives are more likely to be the culprit of a security breach than those farther down the corporate ladder.
In the wake of the Target security breach, where up to 70 million customers» credit and debit card details were targeted by fraudsters, more and more businesses are looking to strengthen their IT infrastructure and protect their customers, sensitive data and wider company assets in the procesIn the wake of the Target security breach, where up to 70 million customers» credit and debit card details were targeted by fraudsters, more and more businesses are looking to strengthen their IT infrastructure and protect their customers, sensitive data and wider company assets in the procesin the process.
A 22 - year - old hotel manager lost his job after pleading guilty to breaching airport security, boarding an empty plane unauthorized, and stealing over $ 50 (# 36.45) worth of food from an airport cafe at Birmingham - Shuttlesworth International Airport in 2014.
Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct.
Nearly 120,000 units of digital currency bitcoin worth about US$ 72 million was stolen from the exchange platform Bitfinex in Hong Kong, rattling the global bitcoin community in the second - biggest security breach ever of such an exchange.
In November, Uber announced that it had covered up a security breach that compromised the data of 57 million customers.
For instance, make sure your cloud services provider can guarantee the security of your data, and has a strategy in place in case of security breach.
A month prior, Target had disclosed a massive security breach in which hackers stole the personal information of 70 million customers in the U.S. Combined with the bleeding operations in Target Canada, Steinhafel's position was untenable, and he stepped down in May.
Despite a 64 percent increase in Internet security breaches last year, only 25 percent of U.S. organizations are prepared to defend against a cyber attack.
In fact, 44 percent of known breaches in 2014 stemmed from vulnerabilities caused by unpatched code that was two to four years old, showing that many companies are not adequately updating security patches, according to HP's Cyber Risk ReporIn fact, 44 percent of known breaches in 2014 stemmed from vulnerabilities caused by unpatched code that was two to four years old, showing that many companies are not adequately updating security patches, according to HP's Cyber Risk Reporin 2014 stemmed from vulnerabilities caused by unpatched code that was two to four years old, showing that many companies are not adequately updating security patches, according to HP's Cyber Risk Report.
U.S. Senator Mark Warner, vice chairman of the Senate Select Committee on Intelligence, said in a statement that it would not be an «exaggeration to suggest that a breach such as this represents a real threat to the economic security of Americans.»
Cryptocurrency marketplace NiceHash said the contents of its Bitcoin wallet had been stolen in a security breach and one executive said nearly $ 64 million had been lost.
By adequately investing in data security and encrypting sensitive files and emails, Sony might have avoided much of the fallout from this data breach.
If investing in security doesn't provide a visible enough return to convince your chief financial officer, just look to the statistics: in the past year, 43 percent of companies have experienced a data breach.
Additionally, a quarter of these executives «are certain that their company will suffer a security breach in the future,» the report stated.
American Airlines and the reservation processing company Sabre Corp. have been targeted in the latest round of security breaches.
Stuart McClure, the CEO of security startup Cylance, told Fortune's Robert Hackett that «there is nothing new» in how hackers are breaching computer defenses.
The steep discount to the last formal valuation reflects the string of scandals that have hit the company in the last year, from fines to leadership changes to an admitted security breach cover up just last week.
Despite the controversy over the breach, Lord praised the security team at Yahoo, who are known internally as «the Paranoids,» adding he joined the company in 2015 because of their reputation.
When more people are about, there's a greater opportunity for invasion of privacy or a breach in security.
Following in the wake of the most recent data security breaches involving Target, PF Chang's and Sally Beauty, this week's incident involving Home Depot has certainly added to the cyber security panic throughout the online world.
In 2016, make sure your email - marketing systems are using the new Domain - based Message Authentication, Reporting & Conformance (DMARC) standard, and create a plan for notifying your customers in case of a scam attacking your company's brand or a breach in your securitIn 2016, make sure your email - marketing systems are using the new Domain - based Message Authentication, Reporting & Conformance (DMARC) standard, and create a plan for notifying your customers in case of a scam attacking your company's brand or a breach in your securitin case of a scam attacking your company's brand or a breach in your securitin your security.
The United States Postal Service is the latest victim in a long list of organizations to have recently experienced a data breach, saying it believes more than 800,000 employees» personal data — including Social Security numbers, names, dates of birth, addresses among other information — may have been compromised, the Washington Post reports.
Either way, the privacy rules were enacted on a limited basis in January, while a provision that would generally require ISPs to «engage in reasonable data security practices» in the event of security breaches was set to go into legal effect on March 2.
In late August, Yahoo broke news that foreign hackers had breached the state Board of Elections websites in Illinois and Arizona, which the FBI's cyber division followed up with an alert to election officials across the nation to increase voting system securitIn late August, Yahoo broke news that foreign hackers had breached the state Board of Elections websites in Illinois and Arizona, which the FBI's cyber division followed up with an alert to election officials across the nation to increase voting system securitin Illinois and Arizona, which the FBI's cyber division followed up with an alert to election officials across the nation to increase voting system security.
The increase follows a rash of high - profile data breaches suffered by brands like Target, Home Depot and J.P. Morgan; the infamous «Backoff» malware package that compromised tens of millions of Target shoppers» credit cards in late 2013 also affected the in - store payment systems of more than 1,000 American businesses, according to the Department of Homeland Security.
A report published by the Ponemon Institute in September 2014 found that almost half of all U.S. companies have experienced a security breach of some sort in the past year.
The restaurant chain has moved to a manual credit - card imprinting system in the wake of a security breach.
In September, Equifax reported a massive data breach, saying hackers may have accessed the personal details, including names and Social Security numbers, of more than 143 million consumers from mid-May to July.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
The firm's 2017 edition of its annual cybersecurity report entitled «Cybersecurity Report: Chief Security Officers Reveal True Cost of Breaches And The Actions That Organizations Are Taking,» provides insights based on threat intelligence gathered by Cisco's security experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in 13 coSecurity Officers Reveal True Cost of Breaches And The Actions That Organizations Are Taking,» provides insights based on threat intelligence gathered by Cisco's security experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in 13 cosecurity experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in 13 coSecurity Officers (CSOs) and other security operations leaders from businesses in 13 cosecurity operations leaders from businesses in 13 countries.
«Hackers have gotten very sophisticated, and preventing breaches entirely is impossible,» says Nat Kausik, CEO of Bitglass, a leader in cloud access security.
Before becoming head of the cybersecurity and data privacy division at law firm Mayer Brown, he served as general counsel for the National Security Agency during the most notorious data breach in history: Edward Snowden's exposing of the agency's surveillance programs.
I think in the last five years, the context of security breaches has shifted.
In 2015, you witnessed major high - profile security breaches and data thefts, like the 9.7 gigabyte data hacked from Ashley Madison — the data of 32 million users was exposed along with 7 years of credit card and other payment transaction details.
Ensuring the safety and security of payment systems data is essential to reduce the risks from data breaches while maintaining a healthy pace of growth in digital payments, the RBI said.
Uber Technologies Inc. has reportedly paid hackers to delete scores of private data stolen from the company in a security breach that was concealed for over...
The case, filed in U.S. District Court for the Southern District of New York, alleges breach of fiduciary duty under the Employee Retirement Income Security Act.
Human error is involved in 95 % of all security breaches.
At the same time, there are fresh concerns about the security of bitcoin and other virtual currencies after NiceHash, a company that mines bitcoins on behalf of customers, said it is investigating a breach that may have resulted in the theft of about $ 70 million worth of bitcoin.
In a blog post addressing the breach, Khosrowshahi laid out plans for how the company will address the fallout of the incident, including bringing on a former NSA general counsel to provide guidance to Uber's security teams, and notifying drivers whose license numbers were included in the breacIn a blog post addressing the breach, Khosrowshahi laid out plans for how the company will address the fallout of the incident, including bringing on a former NSA general counsel to provide guidance to Uber's security teams, and notifying drivers whose license numbers were included in the breacin the breach.
These insights demonstrate a pattern of executive departures in security - related roles — in the months leading up to the breach itself, and in the 1.5 months before it was publicly disclosed.
Finally, consumers are expected to pay more attention to security in 2018 in the aftermath of the Yahoo hack and Equifax breach — plus newer vulnerabilities such as the Krack Attack, which puts every Wi - Fi connection in the world at risk... including wireless routers in homes.
Three executives of Equifax sold shares worth nearly $ 2 million in the company days after a data breach was found to affect 143 million consumers in the United States, filings to the Securities and Exchange Commission showed.
In an age of regular security breaches, you are right to be concerned about security with an online brokerage.
Additionally, different personnel may need to be on a team depending on the significance of the breach (whether it is at a mid-size or company - threatening level), type of breach (whether computer incursion or insider employee theft) or type of the information at issue in the breach (whether the breach involves social security numbers, credit or debit card numbers, personal health information or trade secrets).
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