Jeffrey Johnston

2 months ago | jdsupra.com | Maggie Eller |Katherine Frank |Jeffrey Johnston

On January 13, 2025, the Securities and Exchange Commission (“SEC”) filed a settled enforcement action against Ashford Inc. (“Ashford” or “the Company”), a company that provides products and services to the real estate and hospitality industries, for making false and misleading disclosures about a cybersecurity incident that exposed sensitive hotel customer information.

Dec 5, 2024 | jdsupra.com | Jeffrey Johnston |Jeffrey Swigart

Proposed cybersecurity regulation may face changes or challenges in view of the incoming Trump administration that is intent on reducing the perceived regulatory burden on American companies and streamlining government operations. Still, the incoming administration is not likely to dismiss the importance of cybersecurity for the nation, but will aim to balance the need for collaboration and awareness with the reasonable demands on the private sector.

Nov 27, 2024 | jdsupra.com | Katherine Frank |Jeffrey Johnston |Scott Rubinsky

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty for materially misrepresenting its earnings by improperly valuing its UPS Freight business unit. This settlement underscores the critical importance of disclosure controls, adhering to generally accepted accounting principles (GAAP), and the serious consequences of failing to record necessary – and known – impairments to goodwill.

Nov 22, 2024 | jdsupra.com | Jeffrey Johnston

Cybersecurity is integral to protecting sensitive information, ensuring regulatory compliance, managing financial risks, maintaining reputation, ensuring business continuity, gaining a competitive advantage, adapting to evolving threats, and maintaining stakeholder confidence. This program will give an update on emerging threats, security tools to mitigate those threats, and walk step-by-step through a recent ransomware attack.

Nov 22, 2024 | jdsupra.com | Leslie Edelstein |David Johnson |Jeffrey Johnston

November 22, 2024 Leslie Edelstein, David Johnson, Jeffrey Johnston, Tyler Robinson, Jamie Tabb, G.