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Warning: GDPR Fines May Apply To Undisclosed Prior Data Breaches

On April 9, 2018, a European Commission Official speaking on the condition of anonymity warned that companies currently hiding data breaches from the public may be subject to substantial fines when the European Union’s (“EU”)...more

SEC Expands Guidance On Cybersecurity Risk Disclosures

The Securities and Exchange Commission (“SEC”) recently issued a statement and guidance to assist public companies in adequately disclosing cybersecurity risks and incidents. The new interpretive guidance, which became...more

Do Your Cyber and D&O Policies Cover Emerging Exposures Arising Out Of The New NYDFS Cybersecurity Regulations?

March 1, 2018 will mark one year since the effective date of the New York Department of Financial Services’ (“NYDFS”) cybersecurity regulations, which may signal a trend towards stricter industry-specific regulatory oversight...more

South Dakota Moves Forward With State’s First Data Breach Law

On January 25, 2018, the South Dakota Senate approved the state’s first data breach notification law. If passed, the law would leave Alabama as the only U.S. state without a notification law. The proposed law will now move to...more

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