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New SEC Cybersecurity Disclosure Requirements Place Pressure On Public Companies To Investigate Potential Breaches Quickly And...

This summer, the Securities and Exchange Commission (SEC) adopted rules to enhance and standardize disclosures by public companies regarding cybersecurity risk management, strategy, governance, and incidents....more

New York’s Department of Financial Services Moves to Further Bolster Cybersecurity Requirements

The New York Department of Financial Services (DFS) has been increasingly active in enforcing the rigorous cybersecurity requirements imposed on “covered entities” under 11 NYCRR Part 500 (Reg 500). DFS has published an...more

CPPA Starts Rulemaking on Cybersecurity, Risk Assessments, and Automated Decision-making

While the California Privacy Protection Agency (CPPA) only recently approved revised amended regulations pertaining to the California Consumer Privacy Act (CCPA) and the California Privacy Rights Act (CPRA), it is already on...more

$600,000 Reasons To Review Your SHIELD Act Compliance Program: NY Attorney General Announces Significant Settlement Stemming From...

On January 24, 2022, New York Attorney General Letitia James announced a $600,000 settlement agreement with EyeMed Vision Care, a vision benefits company, stemming from a 2020 data breach compromising the personal information...more

NYDFS Files First Enforcement Action Under Reg 500

On July 21, 2020, the New York Department of Financial Services (“DFS”) filed its first enforcement action under New York’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R. Part 500 (“Reg 500”). Reg...more

New York SHIELD Act FAQs

Over the past few months, businesses across the country have been focused on the California Consumer Privacy Act (CCPA) which dramatically expands privacy rights for California residents and provides a strong incentive for...more

CCPA: Expansive Array Of Consumer Rights Imposes Rigorous Compliance Burden

For years now, state laws have required subject organizations to provide notification to affected data subjects and, in some instances, to state agencies, consumer reporting agencies, and the media, when they experience a...more

New York Enacts SHIELD Act, Adding Data Security Requirements And Strengthening Data Breach Requirements

New York has enacted the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act) to amend the state’s data breach notification law to impose more expansive data security and data breach notification requirements on...more

New York Enacts The SHIELD Act

On Thursday, New York Governor Andrew Cuomo signed into law the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act), sponsored by Senator Kevin Thomas and Assemblymember Michael DenDekker. The SHIELD Act, which...more

“Help Me, Help You”: Defense Department Advises Contractors That Cybersecurity Is An Allowable Cost

During a presentation at the Professional Services Council Federal Acquisition Conference on June 13, 2019, a high-ranking Department of Defense (“DoD”) official announced, with dramatic flair, that cybersecurity is an...more

3 Resources That Make GDPR Compliance Less Painful

The deadline to comply with the GDPR’s complex and far ranging requirements is rapidly approaching. As your organization races to implement its compliance program before the May 25, 2018 effective date, questions and...more

State AGs Argue That Federal Data Security Legislation Should Set Floor, Not Ceiling

The flood of massive data breaches – including, most recently, the Equifax breach that compromised the personal data of around 145 million U.S. consumers – has increased the pressure on Congress to pass sweeping federal data...more

First Compliance Hurdle For New York Department Of Financial Services Cybersecurity Regulations Due August 28

The New York State Department of Financial Services (DFS) has set cybersecurity regulations that require minimum standards for protecting the customer information and information systems of the financial services industry....more

Timeline For Compliance With New DFS Cybersecurity Regulations

The deadline to comply with the first set of requirements under the new DFS Cybersecurity Regulations (“the Regulations”) is here! By today, August 28, 2017, businesses subject to the Regulations must ensure that...more

Ransomware Attacks: Prevention and Preparedness

Several years ago, cyber criminals developed a profitable form of malware, now known as ransomware. A “ransomware” attack occurs when a hacker takes control of the victim’s information systems and encrypts its data,...more

A New Frontier In Law Firm Cyber Risk: Client Class Actions

That an actual breach of client information could expose your law firm to legal and business risks is unsurprising. The risks posed by a potential breach, however, may be something your firm has not yet carefully considered...more

Association of Corporate Counsel Develops Model Information Protection and Security Controls for Outside Vendors, Including...

The Association of Corporate Counsel (ACC), which represents over 42,000 in-house counsel across 85 countries, recently released its ACC Chief Legal Officers (CLO) 2017 Survey which found that two-thirds of in-house legal...more

New York Releases Revised Proposed Cybersecurity Regulations

The New York State Department of Financial Services (“DFS”) has released a revised version of its proposed cybersecurity regulations, which set regulatory minimum standards for protecting the customer information and...more

Thomas Bossert Selected to be President-elect Trump’s Top Counterterrorism Adviser

As we’ve noted previously, President-elect Trump’s campaign was light on details about his plans to address cybersecurity. However, his announcement yesterday that Thomas P. Bossert will serve as his assistant for homeland...more

New York State Proposes Cybersecurity Regulation Impacting Banks, Insurance Companies & Other Financial Services Institutions

New York Governor Andrew M. Cuomo announced yesterday a new proposed regulation to address the growing threat posed by cyber-attacks. According to the State’s press release, the proposed regulation, which is subject to a...more

5 Practice Tips for Law Firms as Data Breach Spotlight Swings Their Way

While data breach incidents affecting the entertainment, retail, healthcare, and financial industries have garnered more attention in past years, the data breach spotlight recently shifted to law firms. ...more

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