Privacy issues have been the focus of many state efforts over the past few years. However, the SEC has increased their focus tremendously over the past few months (see our blog posts here, here, and here). As early as October 2011, the SEC had demonstrated an interest in cybersecurity events by releasing guidance concerning public company cybersecurity disclosures. Otherwise, the SEC had remained relatively quiet. Recently, however, SEC involvement in this area has ratcheted up noticeably.