Inadequate Cybersecurity and Data Privacy Due Diligence Alleged in Starwood Deal as UK ICO Fines Marriott $125M for GDPR Violations
Cooley M&A
JULY 19, 2019
As a result of SEC cyber guidance from 2011 and 2018 , which specifies that cyber risks and cyber incidents could trigger general SEC reporting obligations, Marriott released a statement on its website to coincide with a filing of its 8-K. Background on the ICO’s Proposed Marriott Fine. The breach was discovered in November 2018.
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