Mahany Law is one of the most respected cybersecurity whistleblower law firms in the United States. We have posted many cybersecurity articles on this site. (Use the search tool on our blog and always visit our main cybersecurity whistleblower rewards page.) Businesses, banks and government contractors have an obligation to safeguard the information entrusted to them. In this post we simply highlight the 6 potential events that may qualify you for cash cybersecurity whistleblower reward.
Awards may be available when:
Event #1: The federal government is the victim of a cyber attack. (Government contractors have a duty to safeguard government data.)
Event #2: State or local governments are the victim of a cyber attack (Some states such as NY, Illinois, California, Colorado, Delaware, District of Columbia, Florida, Georgia, Hawaii, Indiana, Iowa, Massachusetts, Minnesota, Montana, Nevada, New Jersey, New Mexico, North Carolina, Oklahoma, Rhode Island, Tennessee, Vermont and Virginia have state laws that may provide rewards if contractors or vendors failed to protect state and local government data)
Event #3: A defense contractor or bank fails to implement proper cyber security measures
Event #4: A bank or financial institution fails to protect its customers’ accounts
Event #5: A financial institution or defense contractor fails to report a breach or incident
Event #6: The cybersecurity violations of a private company or individual rises to the level of a federal securities law violation.
The above events are all for cybersecurity events. There are many other instances of misconduct that may trigger a whistleblower reward. The SEC, Justice Department, states, CFTC and IRS pay rewards in a wide variety of other Br misconduct including:
- Fraud involving a government program or funds
- Fraud or misconduct by a bank
- Fraud or misconduct by a financial institution (e.g., mortgage company)
- Fraud involving the issuance or servicing of loans backed by the VA, FHA, USDA, Freddie Mac or Fannie Mae
- Bribery of foreign officials
- Phony books and records and accounting improprieties (public companies)
- Intentional failure to report or pay U.S. taxes (IRS Whistleblower Program)
- Fraud involving state or local government funds
- Medicare or Medicaid fraud
- Insurance fraud (California and Illinois)
- Illegal dumping of waste by ships (MARPOL)
- Automotive safety defects
- Evasion of customs duties
- Healthcare kickbacks
- Misuse of small business or veteran owned business desiginations
- Buy America violations (using foreign steel or products on government funded projects)
More Questions On Cybersecurity Whistleblowers?
This post is not intended to be a comprehensive list. Our intent was simply to publish a quick reference list on all the activities that give rise to cash whistleblower rewards.
To learn more at cybersecurity, please visit our cybersecurity whistleblower page. Interested in anything else? Use the drop down menus on the main page.
If you believe you have a case, contact the cybersecurity whistleblower lawyers at MahanyLaw online, by email at or by phone at +1.. All inquiries are protected by the attorney – client privilege and kept strictly confidential. Cases accepted worldwide.