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Updating Security Exhibits for Remote Personnel

When the pandemic hit, companies across the country and beyond scrambled their workforces to work from home. No doubt, the IT and cyber security teams for companies were overwhelmed, some more than others, to address the new...more

Reminder of June 30 Deadline: NACHA Rules Require Enhanced Protection for ACH Authorizations

Broadly, there are two sets of rules governing obtaining authorizations to debit consumers’ bank accounts. One is Regulation E (12 C.F.R. Part 210). The other are the Operating Rules & Guidelines (the “Nacha Rules”),...more

[Webinar] Taking a Fresh Look at E-Signatures, E-Delivery and E-Contracting: A complimentary webinar on the basics of remote...

Companies are searching alternative ways to have a wide range of documents (internal and external) signed safely under the new safe-distance rules and while dispersed. Join Locke Lord for a complimentary 60-minute webinar...more

June 30, 2020 Deadline Quickly Approaching to Render Unreadable ACH Account Numbers

Effective June 30, 2020, companies that are not regulated banks who initiated (as debit or credit entries) 6 million or more ACH transactions (with consumers or businesses) in 2019 will need to comply with a new National...more

As Companies Seek Alternative Ways to Sign Contracts and Other Records During COVID-19 Pandemic, E-Processes Take Center Stage

Companies are scrambling to complete transactions with customers and suppliers faster and cheaper, and in the current COVID-19 environment, now at a safe distance. E-contracting and e-signatures have been in the marketplace...more

Document Retention Aspects of New York Cybersecurity Regulations

The New York Department of Financial Services Cybersecurity Regulations, 23 NYCRR part 500 (the “Cybersecurity Regulations”), require companies subject to the regulations to update their record retention schedule for...more

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