- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2024-02-23T14:05:00
The announcement of a record year in several areas of False Claims Act enforcement at the Department of Justice (DOJ) was accompanied by a warning that more significant cases are coming, particularly regarding cybersecurity-related claims.
“[W]e will continue to dedicate resources to investigating companies that fail to comply with their cybersecurity obligations,” said Civil Division Principal Deputy Assistant Attorney General Brian Boynton in remarks delivered Thursday at a Federal Bar Association conference. “We expect these cases to continue to be a significant area of enforcement in the coming years.”
In 2021, the DOJ launched its Civil Cyber-Fraud Initiative, under which it seeks to hold accountable government contractors that fail to follow federal cybersecurity requirements. The initiative has been a driving force behind notable enforcement actions against companies including Verizon and Aerojet Rocketdyne.
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Guidehouse and Nan McKay and Associates will pay a total of $11.3 million to the Department of Justice (DOJ) to settle allegations that cybersecurity failures led to the theft of client personal information during the height of the COVID-19 pandemic.
Atlanta-based staffing agency Insight Global agreed to pay $2.7 million to settle alleged False Claims Act violations for failing to provide adequate cybersecurity on Covid-19 contract tracing data.
The Department of Justice’s Antitrust Division, the Federal Trade Commission, and the Department of Health and Human Services partnered to create an online portal for the public to report instances of anticompetitive practices in the healthcare sector.
A lack of supervision and internal controls at Morgan Stanley Smith Barney allowed four of its investment advisers to steal millions from customers before the behavior was detected, the SEC said in charging the firm.
A subsidiary of McKinsey & Co. will pay nearly $123 million to the Department of Justice to settle allegations that it bribed officials in South Africa to win consulting contracts.
A defamation lawsuit filed by a whistleblower against USAA, which a Florida judge recently dismissed on a technicality, revealed in public court records an estimated 400,000 violations of the Military Lending Act by USAA Federal Savings Bank (USAA Bank), an indirect wholly owned subsidiary of USAA.
