SEC-PR-2024-75 (JUN. 18, 2024) Source: https://www.sec.gov/newsroom/press-releases/2024-75 Download: SEC-PR-2024-75 ⊗ (PDF) PRESS RELEASE | 2024-75 SEC Charges R.R. Donnelley & Sons Co. with Cybersecurity-Related Controls Violations Washington D.C., June 18, 2024 — The Securities and Exchange Commission today announced that R.R. Donnelley & Sons Company (RRD), a global provider of business communication and marketing services, agreed […]
Category: Cybersecurity-Related Controls
Cybersecurity-Related Controls violations occur when individuals or organizations fail to adhere to established security measures designed to protect data and systems from threats. These violations can include neglecting to implement necessary software updates, bypassing security protocols like multi-factor authentication, or failing to enforce access controls and data encryption policies. Such lapses might be caused by inadequate training, a lack of awareness, or deliberate misconduct. When these controls are violated, it can lead to security breaches, data leaks, or unauthorized access, compromising sensitive information, disrupting operations, and potentially resulting in financial losses or legal repercussions.