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SEC’s Cyber Enforcement Vs. BigLaw’s Client Privacy
This month the Securities and Exchange Commission sued law firm Covington & Burling claiming it needed a list of clients that were impacted by a 2020 cybersecurity breach attributed to Chinese spies. The feds say they need the list to determine whether any securities laws were broken following the hack, but Covington is fighting back, arguing the disclosure would run afoul of attorney client privilege. On this week’s episode of Pro Say, Law360 cybersecurity reporter Ben Kochman joins us to discuss where both sides stand in this fascinating showdown between the SEC and BigLaw. Also this week, New York’s former state chief judge lands in hot water over a mountain of taxpayer expenses that may not have been approved; the blogging habits of disgraced FTX founder Sam Bankman-Fried make life difficult for his attorneys; and finally, the latest legal effort by everyone’s favorite litigious rapper Lil Wayne proves unsuccessful.
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