Former SDNY Complex Frauds and Cybercrime Unit Co‑Chief Discusses Prosecution Trends and Takeaways

With the rise in cyber attacks over the last several years – that has also affected the PE industry – the majority of cases investigated by the Southern District of New York’s Complex Frauds and Cybercrime Unit now involve hacking-related offenses. The Private Equity law Report spoke to the unit’s former Co‑Chief Ian McGinley, now a partner at Akin Gump, about the cases he prosecuted and how he coordinated with other agencies, regulators and private entities. This article sets forth his thoughts on those topics, along with practical cyber hygiene lessons he provided. See “How the NYDFS Drives Cybersecurity in the Financial Services Industry” (Nov. 9, 2021).

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