SEC Plows the Field of Cyber-Enforcement
Takeaways from the Voya Breach and Settlement (Order distributed on September 26, 2018) Voya Financial Services, Inc. (“VFA”) Similar to past enforcements and, notably, the 2015 action and settlement with R.T. Jones, the SEC has invoked Rule 30(a) of Regulation S-P (the “Safeguards Rule”) in a broad swipe at a firm’s weak [...]