Rippling Cyberattacks Force Corporate Boards to Rethink Risk
Andrea Vittorio, Jake Holland, 15 April 2021
Corporate boards, in the wake of cyberattacks on software providers SolarWinds Corp. and Microsoft Corp., are seeking out expertise from consultants, lawyers and associations that offer cybersecurity training—an oversight boost that could cushion them legally in the event they’re sued or penalized by regulators after a breach.
The recent hits have forced boards of directors to rethink cybersecurity challenges and their potential ripple effects as companies face mounting legal and reputational risks from costly hacks. The attacks also show how cyber incidents in a connected system can quickly spread to contaminate thousands of companies at once. Continue reading “Article: Rippling Cyberattacks Force Corporate Boards to Rethink Risk”
In many ways, David Einhorn’s Greenlight appears to be back to its “new normal” – in a letter sent to investors, Einhorn writes that Greenlight again underperformed the market and returned -0.1% in the first quarter, badly underperforming the 6.2% return for the S&P 500 index, before proceeding to bash the Fed, broken markets, Chamath and Elon, the basket of short stocks and much more.
A Texas federal judge ruled Wednesday that Apple is entitled to a new damages trial after a jury found in August that it infringed PanOptis’ standard-essential 4G wireless patents and must pay $506 million, saying there is “serious doubt” about the reliability of the verdict.
Legalized Insider Trading
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In 2018, William Thomas C. was caught with 18 pounds of cannabis a few days after returning home from vacation with his grandchildren. He was charged with cannabis trafficking and manufacturing or delivering more than 5,000 grams of cannabis, according to court records. Before then, William, better known as Tom, ran a family farm and a lawn care business in Bloomington, Illinois. Since Tom has been serving a nine-year sentence at Centralia Correctional Center, his sister Tara C. has managed his businesses and talks with him several times a week.