SEC Fines the New York Stock Exchange’s Parent Company $10 million for Failure to Promptly Notify Its Subsidiaries of Cybersecurity Breach -
On May 22, 2024, the Securities and Exchange Commission (“SEC”) imposed a $10...more
6/14/2024
/ Annual Reports ,
Artificial Intelligence ,
Breach Notification Rule ,
Colorado ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data Protection ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Information Commissioner's Office (ICO) ,
Machine Learning ,
New Legislation ,
NYSE ,
Popular ,
Securities and Exchange Commission (SEC) ,
UK
European Parliament Approves EU AI Act -
On March 13, 2024, the European Parliament approved the EU Artificial Intelligence Act (“AI Act”). A first of its kind legal framework for AI, the AI Act has extraterritorial effect,...more
3/29/2024
/ Appeals ,
Artificial Intelligence ,
California Privacy Protection Agency (CPPA) ,
Consent ,
Court of Justice of the European Union (CJEU) ,
Cybersecurity Framework ,
Data Brokers ,
Data Collection ,
European Parliament ,
Federal Trade Commission (FTC) ,
Foreign Adversaries ,
General Data Protection Regulation (GDPR) ,
Popular ,
Sensitive Personal Information ,
Strategic Planning ,
Transparency
NSA and CISA Release Report on “Top Ten” Cybersecurity Misconfigurations; CISA Calls for Software Manufacturers to Implement Best Practices -
On October 5, 2023, the United States National Security Agency (NSA) and...more
10/20/2023
/ Artificial Intelligence ,
Cybersecurity ,
Data Breach ,
Data Transfers ,
European Data Protection Board (EDPB) ,
Federal Trade Commission (FTC) ,
Fines ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Investigations ,
Law Enforcement ,
Manufacturers ,
National Security Agency (NSA) ,
Personal Data ,
Popular ,
Settlement ,
Software ,
UK ICO
WorldCoin is a cryptocurrency project which uses iris scanning technology to issue a “World ID” as a digital identifier. Privacy concerns over WorldCoin have been voiced by several data protection authorities worldwide....more
8/23/2023
/ Artificial Intelligence ,
Biometric Information ,
CNIL ,
Cryptocurrency ,
Data Protection ,
Data Protection Impact Assessments (DPIAs) ,
Data Security ,
Data Storage ,
EU ,
General Data Protection Regulation (GDPR) ,
HMRC ,
Information Commissioner's Office (ICO) ,
Popular ,
UK
The Dubai International Financial Centre’s ("DIFC") data protection authority has published its proposals for updated tools and guidance on international data transfers. A consultation on these proposals by the DIFC...more
5/5/2022
/ Cybersecurity ,
Data Protection ,
Data Protection Authority ,
Data Security ,
Dubai ,
International Data Transfers ,
Personally Identifiable Information ,
Popular ,
Regulatory Agenda ,
Regulatory Reform ,
Standard Contractual Clauses ,
United Arab Emirates (UAE)
FTC Chair Lina Khan Questions Current Data Collection Practices by Private Industry at IAPP Global Privacy Summit, Suggests New Rulemaking May Be Necessary -
In her first major privacy address since taking the helm of the...more
4/29/2022
/ Administrative Appointments ,
Artificial Intelligence ,
Court of Justice of the European Union (CJEU) ,
Criminal Investigations ,
Critical Infrastructure Sectors ,
Data Breach ,
Data Collection ,
Data Protection ,
Federal Trade Commission (FTC) ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Location Data ,
Monetization ,
Personally Identifiable Information ,
Popular ,
U.S. Commerce Department ,
US Department of State
SEC Proposes New Cybersecurity Rules for Public Companies -
On March 9, 2022, the Securities and Exchange Commission (“SEC”) announced proposed amendments to its rules on cybersecurity. The proposed rules aim to “enhance and...more
3/25/2022
/ Cookie Banners ,
COPPA ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Disclosure Requirements ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Mobile Apps ,
Popular ,
Privacy Concerns ,
Publicly-Traded Companies ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Violations ,
Securities and Exchange Commission (SEC)
SEC Proposes and Seeks Comments on New Cybersecurity Rules -
At an open meeting on February 9, 2022, the Securities and Exchange Commission (“SEC”) voted three-to-one to propose new and amended rules regarding cybersecurity...more
2/25/2022
/ Asset Management ,
Cybersecurity ,
Data Collection ,
Disclosure Requirements ,
EDPS ,
International Data Transfers ,
Personal Data ,
Policies and Procedures ,
Popular ,
Registered Investment Advisors ,
Registered Investment Companies (RICs) ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Spyware
We are delighted by the positive feedback we have received on our first two issues of Dechert Cyber Bits. Thank you for taking the time to send us your comments. In this issue of Cyber Bits, we discuss key developments from...more
11/19/2021
/ Class Action ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Enforcement Priorities ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Popular ,
Ransomware ,
Vulnerability Assessments
The value of the global medicinal cannabis market is projected to reach US$62.7 billion by 2024, with over US$22 billion of that market generated by Europe and an estimated excess of £2 billion likely to be generated in the...more
6/29/2021
/ Cannabis-Related Businesses (CRBs) ,
Financial Conduct Authority (FCA) ,
Investment ,
Investment Funds ,
Investors ,
London Stock Exchange ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Popular ,
UK
The UK Government yesterday announced that its plans to ratify the Unified Patent Court Agreement (“UPCA”) will not be derailed by Brexit. The UK Minister of State for Intellectual Property, Baroness Neville Rolfe, made the...more
11/29/2016
/ Corporate Counsel ,
EU ,
Life Sciences ,
Patents ,
Pharmaceutical Patents ,
Popular ,
Ratification ,
UK ,
UK Brexit ,
Unified Patent Court ,
Unitary Patent
The Court of Justice of the European Union (CJEU) has blurred the lines between primary and secondary copyright infringement in a decision concerning hyperlinks to leaked photos of a Dutch celebrity’s Playboy photoshoot. For...more
10/26/2016
/ Commercial Use ,
Consent ,
Content Publishing ,
Copyright ,
Copyright Infringement ,
Court of Justice of the European Union (CJEU) ,
EU ,
Freedom of Expression ,
Freely Available Online Content ,
Hyperlink ,
Internet ,
Mens Rea ,
Photographs ,
Playboy ,
Popular ,
Public Communications ,
Rebuttable Presumptions ,
Republication ,
Takedown Notices
The European General Court's decision in Loutfi Management Propriété Intellectuelle SARL v AMJ Meatproducts (Case C-147/14) concerned the use of non-Latin script in Community trade marks (“CTMs”). The General Court held that...more