SEC Accuses Law Firm Covington of Stalling Cyberattack Probe (1)

The Securities and Exchange Commission has accused law firm Covington & Burling of failing to comply with a subpoena for information about a 2020 cyberattack on the firm that potentially exposed client data.

In a new case filed this week in federal court in Washington, the commission said it was investigating whether securities laws were violated after Covington was targeted by a cyberattack in November 2020, in which a foreign actor may have accessed nonpublic information about clients, including 298 regulated companies.

Covington is one of the largest and most prestigious Washington-based multinational law firms, with former Attorney General Eric ...