On March 9, 2022, the Securities and Exchange Commission (“SEC”) announced Proposed Rules on cybersecurity risk management, strategy, governance, and incident disclosure (“Proposed Rules”) to address concerns of increasing...more
As the onslaught of data breaches and ransomware attacks continues, state governments are grappling with ways to bolster the impact and reach of breach notification laws. All fifty states, Puerto Rico, Guam, the Virgin...more
10/15/2021
/ Cybersecurity ,
Data Breach ,
Data Protection ,
Hackers ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Incident Response Plans ,
New Regulations ,
Personally Identifiable Information ,
Popular ,
Regulatory Reform ,
Regulatory Requirements ,
State Data Breach Notification Statutes
Larry Dean Harmon, the founder and operator of Helix, a darknet-based cryptocurrency “mixer” or “tumbler,” recently admitted that Helix partnered with darknet marketplaces to provide bitcoin money laundering services for...more
9/3/2021
/ Bitcoin ,
BSA/AML ,
Criminal Investigations ,
Criminal Prosecution ,
Cryptocurrency ,
Darknet ,
Digital Currency ,
Federal Rules of Evidence ,
Financial Crimes ,
Financial Transactions ,
Guilty Pleas ,
Money Laundering ,
Popular ,
White Collar Crimes
On August 3, 2021, Securities and Exchange Commission (“SEC”) Chair Gary Gensler made headlines when he dubbed the current cryptocurrency landscape the “Wild West.” Though attention-grabbing, these remarks are not isolated,...more
In McMorris v. Carlos Lopez & Associates, LLC, a data breach case, the Second Circuit held that plaintiffs may demonstrate standing based on a theory of “increased risk” of future identity theft or fraud following an...more
5/27/2021
/ Article III ,
Class Action ,
Data Breach ,
Encryption ,
Future Harm ,
Identity Theft ,
Injury-in-Fact ,
Negligence ,
Personally Identifiable Information ,
Popular ,
Standing
A recent order by a federal court in Virginia rejected arguments that a cybersecurity consultant’s data breach report, which had been prepared at the direction of outside legal counsel, qualified for work product protection....more