The Local Governmental and Governmental Employees Tort Immunity Act, 745 ILCS 10/1-101, et seq.—commonly known as the Tort Immunity Act—provides certain statutory immunities to local public entities. These protected entities include, but are not limited to, counties, townships, municipalities, school districts, park districts, and other local governmental bodies. See 745 ILCS 10/1-206. The Act sets forth those circumstances in which an entity is entitled to immunity, but many of the Act’s provisions expressly except immunity when an entity’s conduct is ...
Fast food restaurant chain Arby’s Restaurant Group Inc. is known for its great hot roast beef sandwiches and catchy slogan: “We have the Meats!” Arby’s is now communicating a different message; it may be the latest victim of a significant cyber breach.
How are we to digest this? We have grown somewhat immune to the now frequent website notices or press releases that announce that although no one is known to have been harmed, yet another potential information security incident has taken place at yet another company that may have once again exposed customer information.
So what ...
It appears to be innocent and routine. The CFO of your company forwards to you an urgent-sounding, personally addressed email from the Securities Exchange Commission’s EDGAR public filing system announcing changes to the reporting system. Last week you signed the attestation of the accuracy of your Quarterly Report on SEC Form 10-Q. You hope you have not made a mistake or missed an important change. You look over the email again. At first glance it appears legit:
Or it might be your worst nightmare: an email from the SEC questioning your firm’s disclosures, revenue recognition ...
