On August 7, 2017, the Office of Compliance Inspections and Examinations (OCIE) of the U.S. Securities and Exchange Commission (SEC) released a summary of its observations (the report) from cybersecurity examinations of 75...more
8/31/2017
/ Broker-Dealer ,
Customer Information ,
Cybersecurity ,
Cybersecurity Examination Initiative ,
Data Protection ,
Data Security ,
Employee Training ,
Financial Services Industry ,
Information Reports ,
Inventory ,
Investment Adviser ,
Investment Companies ,
OCIE ,
Policies and Procedures ,
Popular ,
Ransomware ,
Regulation S-P ,
Risk Alert ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
Senior Managers
In this month's edition of our Privacy & Cybersecurity Update, we examine new privacy laws in Germany, an FTC settlement with an alleged consumer loan company over unfair and deceptive practices, the dismissal of a data...more
8/2/2017
/ Children's Toys ,
Civil Monetary Penalty ,
Consumer Financial Products ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data Protection ,
Dismissals ,
EU ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Germany ,
Incident Response Plans ,
Lenders ,
Member State ,
Popular ,
Privacy Laws ,
Risk Mitigation ,
Settlement ,
Standing ,
Unfair or Deceptive Trade Practices
In this edition of our Privacy & Cybersecurity Update, we examine the Sixth Circuit's decision to allow injury-in-fact to be established by alleging a "substantial risk of harm" in a data breach case, New York state's...more
10/3/2016
/ Article III ,
CFTC ,
Class Action ,
Commodities ,
Corporate Counsel ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Protection Authority ,
EU ,
EU-US Privacy Shield ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Financial Markets ,
Germany ,
International Data Transfers ,
NIST ,
NYDFS ,
Personal Data ,
Popular ,
Standing ,
UK ,
Young Lawyers
New York state has proposed a new regulation — to go into effect January 1, 2017 — that would require banks, insurance companies and other financial services institutions regulated by the New York State Department of...more
9/15/2016
/ Banks ,
Chief Information Security Officer (CISO) ,
Comment Period ,
Covered Entities ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Protection ,
Data Retention ,
Financial Institutions ,
Gramm-Leach-Blilely Act ,
Hackers ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Insurance Industry ,
NYDFS ,
Popular ,
Proposed Regulation ,
Risk Assessment ,
Risk Management
In this edition of our Privacy & Cybersecurity Update, we examine the impact of Brexit on EU data protection, court rulings on cyber insurance policy exclusions and coverage gaps, recent statements from the FTC and the...more
6/30/2016
/ Banks ,
Bonds ,
Class Action ,
Corporate Counsel ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Protection Authority ,
Electronic Health Record Incentives ,
EU Data Protection Laws ,
EU-US Privacy Shield ,
Fashion Industry ,
Federal Trade Commission (FTC) ,
FFIEC ,
Fraudulent Transfers ,
Germany ,
Hackers ,
Internet of Things ,
Privacy Laws ,
Spokeo v Robins ,
Standing ,
UK Brexit ,
Young Lawyers
Two days after the original January 31 deadline, the European Union and United States have announced a replacement for the Safe Harbor agreement — the EU-U.S. Privacy Shield — which, if approved, will provide a new framework...more
In this edition of our Privacy & Cybersecurity Update, we discuss what companies need to know in the wake of the EU Court of Justice's rejection of the U.S.-EU Safe Harbor framework and take a look at the following important...more
11/3/2015
/ Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Data Protection ,
Data Protection Authority ,
ECPA ,
EU Data Protection Laws ,
International Data Transfers ,
Mobile Apps ,
New Legislation ,
Personal Data ,
Popular ,
Privacy Policy ,
Safe Harbors ,
Schrems I & Schrems II ,
US-EU Safe Harbor Framework ,
VPPA
In This Issue:
- October: National Cyber Security Awareness Month
- New California Data Protection Law
- Obama Signs Cybersecurity Executive Order
- FTC Cautions Executives About Personal Liability for False...more
In This Issue:
- NIST Announces October Workshop and Releases Framewok Update
- Insurance Company Succeeds in Cybersecurity Litigation
- Safe Harbor Under Attack — This Time From a US Group
-...more