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UK Companies Should Have to Disclose Major Cyberattacks, M&S Says

Insurance Journal

British businesses should be legally required to report material cyberattacks to the authorities, the chairman of retailer Marks & Spencer said on Tuesday, claiming two recent major attacks on large UK firms had gone unreported. Giving evidence to lawmakers on …

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Digital Sovereignty or Dependency? The AI Tension Powering Europe’s Tech Surge

Complex Discovery

Martin Sokk, CEO and co-founder of Lightyear, emphasized the strategic vision, heralding the role of AI in demystifying investment for retail investors. This development coincides with Lightyear achieving $1 billion in customer assets and expanding into new regions, including Sweden, Denmark, and Bulgaria.

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The Message from the SEC is Undeniable: There Will be Less Enforcement

Securities Docket

Securities and Exchange Commission is undeniable: there will be less enforcement, and what enforcement occurs will be more targeted at traditional fraud with retail investor harm.

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Evolve Bank Cyberattack Exposes Sensitive Data, Impacts Fintech Partners Wise and Affirm

Complex Discovery

The bank stressed that “there is no evidence that the criminals accessed any customer funds,” but confirmed that data was accessed and downloaded from their databases in February and May.

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Don’t Free Fall on the Duty to Preserve

Joshua Gilliland

Bow Tie Thoughts The triggering event for the duty to preserve electronically stored evidence is not always as clear as an accident. A retail store where someone has a slip and fall, or auto accident with a shipping service, are all clear lines in the sand to start preserving evidence. The answer is “it depends” on the facts.

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Rebranding of SEC Cyber Unit Reflects Shift in Enforcement Priorities – King & Spalding

Securities Docket

These priorities reflect a return to a focus on clearly fraudulent conduct and violations that impact retail investors, which typically are SEC enforcement priorities during Republican administrations.

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Blockchain and the Business of Digital Trust: Implications for Cybersecurity, InfoGov, and eDiscovery

Complex Discovery

This article offers a compelling overview of how blockchain is being adopted, its challenges, and what it means for the future of digital evidence and data security. Retailers like Walmart utilize blockchain to trace the origin of goods, ensuring product quality and enhancing consumer confidence.