Regulators Tighten Scrutiny of Data Breach Disclosures by Companies

Bracewell’s Seth DuCharme talked with The Wall Street Journal on how closely regulators will be scrutinizing incident communications after data breaches.

Quick, precise and clear updates are the gold standard in the event of a security breach, said DuCharme.

An August 16 settlement between the US Securities and Exchange Commission and London-based educational publisher Pearson PLC over a 2018 data breach shows how closely regulators are scrutinizing incident communications, according to DuCharme.

The SEC charged Pearson with misleading investors over the existence and extent of the breach, in which millions of student records were stolen.

Click here to read more from The Wall Street Journal.