Lawyers join forces to fight common enemy: The SEC and its probes into cyber-victims
More than 80 law firms say they are"deeply troubled" by the US Securities and Exchange Commission's demand that Covington & Burling hand over names of its clients whose information was stolen by Chinese state-sponsored hackers.
The government agency has put Covington in an impossible situation, asking the law firm to breach attorney-client privilege by identifying customers involved in the cyberattack, and doesn't even have a good reason outside of"mere curiosity" for doing so, the attorneys argued in the friends of the court filing.
"This violation of confidentiality is especially troubling given that it re-victimizes the targets of a foreign nation's cyberattack — an increasingly common feature of modern life that even the most diligent businesses and governments cannot prevent," the law firms said.
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