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The Cybercrime Revolution

SEC’s SolarWinds Lawsuit: Implications for Directors & Officers in Cybersecurity

A panel discussion on the SEC’s SolarWinds lawsuit and its implications on for individuals, directors, and officer insurance is essential in shedding light on the evolving landscape of cybersecurity regulations and the responsibilities of corporate leadership.

In the wake of the SolarWinds cyberattack, where malicious actors compromised a widely used software and breached numerous organizations, the SEC’s involvement underscores the need for a nuanced discussion on the potential legal ramifications for directors and officers.

Panelists will explore proactive measures and strategies that individuals in leadership positions should consider to enhance their protection in the face of evolving cyber threats. This includes a thorough evaluation of existing directors and officers insurance policies, ensuring they provide adequate coverage for cyber-related risks. Discussions may also delve into the importance of cybersecurity training for executives, emphasizing the role of proactive risk management and the implementation of robust cybersecurity protocols to mitigate the likelihood of legal actions.

Mike La Marca

Partner, Hunton Andrews Kurth LLP Mike La Marca is a partner with the law firm of Hunton Andrews Kurth in the New York office. Recognized for privacy and cybersecurity, Mike has over a decade of experience advising clients on global privacy and information security issues. A significant focus of his practice is assisting a variety of clients, from multinational companies to startups, with evaluating and managing privacy and cybersecurity risks and policy issues. Much of his work has centered on navigating complex privacy and cybersecurity issues on behalf of companies in the financial services industry as well as companies engaged in cutting-edge technologies and information practices, such as AI/machine learning, biometrics, geolocation tracking, and Internet of Things devices. Mike is a certified information privacy professional (CIPP/US) by the International Association of Privacy Professionals. He received his JD from Duke University School of Law; MA from Duke University; and BA, magna cum laude, from Colgate University.

Scott Kimpel

Partner, Securities and Exchange Commission and Capital Markets, Hunton Andrews Kurth LLP

Scott Kimpel is a partner in the Washington DC office of Hunton Andrews Kurth LLP.  He regularly advises clients across a broad sector of the economy facing sensitive reporting, compliance and enforcement matters before the Securities and Exchange Commission and other capital markets regulators. His practice encompasses a wide range of matters involving the securities laws, mergers and acquisitions, corporate governance, regulatory enforcement, cybersecurity, administrative law and public policy. Scott heads Hunton’s ESG practice, and also leads the firm’s working group on blockchain and digital assets. Before joining the firm, Scott served on the Executive Staff of the SEC as Counsel to Commissioner Troy A. Paredes from 2008 to 2012.

Marc Ashworth

Marc Ashworth

Senior Vice President and Chief Information Security Officer, First Bank

Marc Ashworth, Senior Vice President and Chief Information Security Officer at First Bank, is a respected IT executive with over 30 years of experience in cyber and physical security, IT/security architecture, project management, author and a public speaker. He is a member of the Webster University Cyber Advisory board, Co-Founded the State of Cyber annual security conference, and a Lifetime member of FBI Citizens Academy. He is a former board officer for the St. Louis InfraGard Alliance. Possessing security certifications in CISSP, CISM, CRISC, Security+ and other certifications. Mr. Ashworth currently oversees First Bank’s information security, fraud, physical security, and the network services departments. You may reach him via LinkedIn at .

Laureen Smith

CISO Street Founder & Moderator

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Date: 3/14/2024

Time: 2:00PM–3:00PM EST

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